2958 W Nelson Street Chicago IL 60618 MLS #MRD12584229

MLS #MRD12584229 image #0
LOCATION! LOCATIONLOCATION! Investor-Ready 3-Unit in Avondale – Fully Updated & Turnkey. New roof, building fully gutted, new plumbing, new electric. This fully rehabbed 3-flat features 6 bedrooms and 3 bathrooms across three units (2 bedrooms/1 bathroom in each floor). Each unit boasts open-concept living room, dining area, and kitchen, with SS appliances, granite countertops, and in-unit laundry. Bright, spacious layouts with high-quality finishes make these units highly appealing to tenants. Last finished touches need to be completed in some areas. Seller prefers to sell it As Is. Projected rental income of approximately $6,000+/month ($72,000 annually) at market rents. Ideal for investors seeking strong cash flow, solid cap rate potential, and long-term appreciation in a high-demand rental corridor. Detached 2 car garage sold as-is. Close to public transportation, highway, down-town.

Property Details

Price:
$785,000
MLS #:
MRD12584229
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chiavondale
Listed Date:
Mar 5, 2026
NewconstructionChi – AvondaleChiavondale

Schools

School District:
299

Interior

Heating
Natural Gas
Levels
Tri-Level

Exterior

Construction Materials
Vinyl Siding
Garage Spaces
2
New Construction YN
1
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$9,317

Listing Agent & Office

Loredana Pinzariu
HomeSmart Connect LLC

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