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1241 W Nelson St; Chicago, IL Property Details

1241 W Nelson St, Chicago, IL is a Single Family that was built in 1878. This property is currently Financed and is not for sale. Our records show that 1241 W Nelson St has 4 bedrooms, and 2.5 bathrooms, and a total of 1,860 square feet. The lot size of 1241 W Nelson St is 2,975 square feet.

Off market
1241 W Nelson St Chicago, IL 60657
$1,180,000 Listing Price
4 Beds
2.5 Baths
1,860 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1878
  • Purchase Price: $1,180,000
  • Open Loans / Balance: 1 / $826,991
  • Est. Equity / %: $1,063,009 / 56.24%
  • Gross Yield: 5.535%
  • APN: 14-29-115-007-0000
  • Situs County: Cook
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • 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: 1,860/SqFt
  • Lot: 2,975/SqFt
  • Gross: 1,860/SqFt
  • Living: 1,860/SqFt
  • Building: 1,860/SqFt
  • Price Per Square Foot: $634.41

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: 41.936886 / -87.6605
  • Subdivision: Altgelds Sub
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-05

Amenities

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

Ownership Info

1241 W Nelson St has no associated ownership info
1241 W Nelson St has no associated ownership info.

Taxes

1241 W Nelson St has 10 associated Taxes items

1241 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 $103,594. The APN we've located for 1241 W Nelson St is 14-29-115-007-0000.

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Taxes
  • Assessed Value:  $103,594
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  14-29-115-007-0000
  • Assessed Land Value:  51765
  • Market Land Value:  517650
  • Tax Amount:  19068
  • Tax Year:  2023
  • Market Value:  1035940
  • Market Year:  2025

Tax History

1241 W Nelson St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $103,594 Land Value $51,765 Improvement Value $51,829 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $103,594 Land Value $51,765 Improvement Value $51,829 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $19,068 Change Rate -0.146184% Assessed CR Tax Rate
Year 2022 Assessed Value $112,001 Land Value $52,063 Improvement Value $59,938 Tax Amount $22,332.68 Change Rate +0.021986% Assessed CR Tax Rate +0.199397%
Year 2021 Assessed Value $111,999 Land Value $52,062 Improvement Value $59,937 Tax Amount $21,852.24 Change Rate +0.182413% Assessed CR Tax Rate +0.195111%
Year 2020 Assessed Value $86,063 Land Value $20,230 Improvement Value $65,833 Tax Amount $18,481.05 Change Rate +0.020728% Assessed CR Tax Rate +0.214739%
Year 2019 Assessed Value $93,547 Land Value $20,230 Improvement Value $73,317 Tax Amount $18,105.75 Change Rate +0.017172% Assessed CR Tax Rate +0.193547%
Year 2018 Assessed Value $93,547 Land Value $20,230 Improvement Value $73,317 Tax Amount $17,800.09 Change Rate +0.169424% Assessed CR Tax Rate +0.19028%
Year 2017 Assessed Value $74,083 Land Value $17,850 Improvement Value $56,233 Tax Amount $15,221.25 Change Rate -0.050424% Assessed CR Tax Rate +0.205462%
Year 2016 Assessed Value $80,032 Land Value $17,850 Improvement Value $62,182 Tax Amount $16,029.52 Change Rate +0.093008% Assessed CR Tax Rate +0.200289%
Year 2015 Assessed Value $80,032 Land Value $17,850 Improvement Value $62,182 Tax Amount $14,665.51 Change Rate +0.034107% Assessed CR Tax Rate +0.183246%
Year 2014 Assessed Value $76,436 Land Value $14,875 Improvement Value $61,561 Tax Amount $14,181.81 Change Rate Assessed CR Tax Rate +0.185538%
Year 2013 Assessed Value $76,436 Land Value $14,875 Improvement Value $61,561 Tax Amount Change Rate Assessed CR Tax Rate