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1231 W Nelson St; Chicago, IL Property Details

1231 W Nelson St, Chicago, IL is a Single Family that was built in 1888. This property is currently Financed and is not for sale. Our records show that 1231 W Nelson St has 4 bedrooms, and 2.5 bathrooms, and a total of 2,368 square feet. The lot size of 1231 W Nelson St is 2,975 square feet.

Off market
1231 W Nelson St Chicago, IL 60657
$1,065,000 Listing Price
4 Beds
2.5 Baths
2,368 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1888
  • Purchase Price: $1,065,000
  • Open Loans / Balance: 1 / $772,781
  • Est. Equity / %: $1,099,219 / 58.72%
  • Gross Yield: 6.379%
  • APN: 14-29-115-011-0000
  • Situs County: Cook
  • Length Of Ownership: 13 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,368/SqFt
  • Lot: 2,975/SqFt
  • Gross: 2,368/SqFt
  • Living: 2,368/SqFt
  • Building: 2,368/SqFt
  • Price Per Square Foot: $449.75

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: 41.936882 / -87.660126
  • Subdivision: Altgelds Sub
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-06

Amenities

  • Plus Four: 4213
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

1231 W Nelson St has no associated ownership info
1231 W Nelson St has no associated ownership info.

Taxes

1231 W Nelson St has 10 associated Taxes items

1231 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 $112,000. The APN we've located for 1231 W Nelson St is 14-29-115-011-0000.

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Taxes
  • Assessed Value:  $112,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  14-29-115-011-0000
  • Assessed Land Value:  51765
  • Market Land Value:  517650
  • Tax Amount:  19344
  • Tax Year:  2023
  • Market Value:  1120000
  • Market Year:  2025

Tax History

1231 W Nelson St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $112,000 Land Value $51,765 Improvement Value $60,235 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $112,000 Land Value $51,765 Improvement Value $60,235 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $19,344 Change Rate +0.026962% Assessed CR Tax Rate
Year 2022 Assessed Value $95,001 Land Value $52,063 Improvement Value $42,938 Tax Amount $18,836.14 Change Rate +0.021832% Assessed CR Tax Rate +0.198273%
Year 2021 Assessed Value $94,999 Land Value $52,062 Improvement Value $42,937 Tax Amount $18,433.69 Change Rate +0.011282% Assessed CR Tax Rate +0.194041%
Year 2020 Assessed Value $84,927 Land Value $20,230 Improvement Value $64,697 Tax Amount $18,228.04 Change Rate +0.020742% Assessed CR Tax Rate +0.214632%
Year 2019 Assessed Value $92,312 Land Value $20,230 Improvement Value $72,082 Tax Amount $17,857.64 Change Rate +0.017174% Assessed CR Tax Rate +0.193449%
Year 2018 Assessed Value $92,312 Land Value $20,230 Improvement Value $72,082 Tax Amount $17,556.13 Change Rate +0.305414% Assessed CR Tax Rate +0.190183%
Year 2017 Assessed Value $65,849 Land Value $17,850 Improvement Value $47,999 Tax Amount $13,448.71 Change Rate -0.145226% Assessed CR Tax Rate +0.204236%
Year 2016 Assessed Value $81,052 Land Value $17,850 Improvement Value $63,202 Tax Amount $15,733.65 Change Rate +0.094763% Assessed CR Tax Rate +0.194118%
Year 2015 Assessed Value $81,052 Land Value $17,850 Improvement Value $63,202 Tax Amount $14,371.74 Change Rate +0.094479% Assessed CR Tax Rate +0.177315%
Year 2014 Assessed Value $70,773 Land Value $14,875 Improvement Value $55,898 Tax Amount $13,131.13 Change Rate +0.05951% Assessed CR Tax Rate +0.185539%
Year 2013 Assessed Value $70,773 Land Value $14,875 Improvement Value $55,898 Tax Amount $12,393.59 Change Rate Assessed CR Tax Rate +0.175117%