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Four-Unit Greystone with Garage
For Sale
$1,315,000
Pending

1628 W Nelson Avenue, Chicago, IL 60657

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market49

Property Features for 1628 W Nelson Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 10
Bathrooms 7
Full bathrooms 7
Half bathrooms 3
Rooms Bedroom 3, Bedroom 10, Bedroom 7, Bedroom 4, Basement, Bathroom 7, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 9, Bathroom 1, Bedroom 1, Bathroom 6, Bathroom 4, Bathroom 2, Bedroom 8, Bathroom 5
Parking 3
Parking features Open, Garage
Patio and Porch features Porch
Basement Unfinished, Full
Elementary school Burley Elementary School
High school Lake View High School
Elementary school district 299
Middle school district 299
High school district 299
Directions Ashland Ave to Nelson | West 1/2 blk to property
Subdivision CHI - Lake View
Standard status Pending
APN 14302120270000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 23707

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

side yard
coin-operated laundry facilities
storage lockers
central air
skylight
hardwood floors
original millwork
built-in hutches

Building Details

Year built 1920
Building materials Stone
Roof type Rubber
Architectural style Other
Listing Agency: Baird & Warner
Listed By: Salomon Lino
Added: Jul 31 Changed: Sep 12 Last Checked: Sep 17 at 11:06AM
MLS# 12711910

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1920, this four-unit stone multifamily property occupies four functional levels and includes a private side yard, porch, and 3-car garage. Interior features include high ceilings, hardwood floors, original millwork, built-in hutches, and an owner’s unit beginning at the third-floor landing with a skylight. The building also has a full basement with storage lockers and coin-operated laundry facilities.

Each unit is served by an individual gas furnace and central air, while updated electrical service includes four tenant meters plus one common meter. Public water and sewer serve the property, which is zoned MULTI. The location is near Ashland Avenue, the Jewel mall, and the Burley school district in Chicago’s 60657 ZIP code.

Key Highlights

  • Four‑unit multifamily property built in 1920
  • 37.5' lot with private side yard and porch
  • 3‑car garage with additional income potential

Property Analytics

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Current Use

Quadplexes

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,773
Businesses Nearby

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Stone multifamily property with central air, private outdoor space, and basement laundry facilities.
Where is this quadplex located?
The property is located at 1628 W Nelson Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,315,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1920; 37.5' lot with private side yard and porch; 3‑car garage with additional income potential
More about this property
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