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1227 W Nelson St; Chicago, IL Property Details

1227 W Nelson St, Chicago, IL is a Single Family that was built in 2024. This property is currently a cash purchase and is not for sale. Our records show that 1227 W Nelson St has 6 bedrooms, and 5 bathrooms, and a total of 2,712 square feet. The lot size of 1227 W Nelson St is 2,975 square feet.

Off market
1227 W Nelson St Chicago, IL 60657
$2,300,000 Listing Price
6 Beds
5 Baths
2,712 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2024
  • Purchase Price: $2,300,000
  • Open Loans / Balance: 1 / $1,471,957
  • Est. Equity / %: $949,043 / 39.2%
  • Gross Yield: 1.388%
  • APN: 14-29-115-013-0000
  • Situs County: Cook
  • Length Of Ownership: 2 years

Rooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full Bathrooms: 4
  • Total Rooms: 8
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,712/SqFt
  • Lot: 2,975/SqFt
  • Gross: 2,712/SqFt
  • Living: 2,712/SqFt
  • Building: 2,712/SqFt
  • Price Per Square Foot: $848.08

Legal Description

  • Description: JOHN P (ALTGELDS) SUB OF BLKS1-4, NH BLK6, & THAT PT BLK7 LYING NELY OF CENTER LINE OF LINCOLN AVE, IN SUB BY EXECUTORS OF W
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.936836 / -87.65994
  • Subdivision: Altgelds Sub
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-78

Amenities

  • Plus Four: 4213
  • Cooling: Central
  • Fireplaces: 1
  • Garage: None
  • Heating: Yes
  • Parking: 2

Ownership Info

1227 W Nelson St has no associated ownership info
1227 W Nelson St has no associated ownership info.

Taxes

1227 W Nelson St has 10 associated Taxes items

1227 W Nelson St, Chicago, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $225,000. The APN we've located for 1227 W Nelson St is 14-29-115-013-0000.

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Taxes
  • Assessed Value:  $225,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  14-29-115-013-0000
  • Assessed Land Value:  51765
  • Market Land Value:  517650
  • Tax Amount:  16886
  • Tax Year:  2023
  • Market Value:  2250000
  • Market Year:  2025

Tax History

1227 W Nelson St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $225,000 Land Value $51,765 Improvement Value $173,235 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $117,248 Land Value $51,765 Improvement Value $65,483 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $16,886 Change Rate +0.028245% Assessed CR Tax Rate
Year 2022 Assessed Value $86,001 Land Value $52,063 Improvement Value $33,938 Tax Amount $16,422.15 Change Rate -0.050391% Assessed CR Tax Rate +0.190953%
Year 2021 Assessed Value $85,999 Land Value $52,062 Improvement Value $33,937 Tax Amount $17,293.6 Change Rate +0.17816% Assessed CR Tax Rate +0.201091%
Year 2020 Assessed Value $65,891 Land Value $20,230 Improvement Value $45,661 Tax Amount $14,678.48 Change Rate +0.01881% Assessed CR Tax Rate +0.222769%
Year 2019 Assessed Value $77,883 Land Value $20,230 Improvement Value $57,653 Tax Amount $14,407.47 Change Rate +0.017257% Assessed CR Tax Rate +0.184989%
Year 2018 Assessed Value $77,883 Land Value $20,230 Improvement Value $57,653 Tax Amount $14,163.06 Change Rate +0.274928% Assessed CR Tax Rate +0.18185%
Year 2017 Assessed Value $54,980 Land Value $17,850 Improvement Value $37,130 Tax Amount $11,108.91 Change Rate +0.012293% Assessed CR Tax Rate +0.202054%
Year 2016 Assessed Value $57,288 Land Value $17,850 Improvement Value $39,438 Tax Amount $10,974.01 Change Rate +0.095528% Assessed CR Tax Rate +0.191559%
Year 2015 Assessed Value $57,288 Land Value $17,850 Improvement Value $39,438 Tax Amount $10,017.1 Change Rate +0.152996% Assessed CR Tax Rate +0.174855%
Year 2014 Assessed Value $49,394 Land Value $14,875 Improvement Value $34,519 Tax Amount $8,687.89 Change Rate +0.021469% Assessed CR Tax Rate +0.17589%
Year 2013 Assessed Value $49,394 Land Value $14,875 Improvement Value $34,519 Tax Amount $8,505.29 Change Rate Assessed CR Tax Rate +0.172193%