4055 W Nelson St Chicago, IL 60641
Avondale NeighborhoodEstimated payment $4,297/month
Highlights
- 2 Car Detached Garage
- Solar Heating System
- Senior Tax Exemptions
About This Home
Rare Opportunity: Meticulously Maintained & Energy Efficient! For the first time in 36 years, this gem is hitting the market. Owned and cared for by the same family for over three decades, this building is the definition of "move-in ready." Each floor features spacious 2-bedroom layouts with great natural light. Need extra space? The finished basement includes a 2-bedroom in-law suite, perfect for guests or extended family. Location is everything here-you're steps away from top-rated schools, local dining, shopping, and entertainment. Plus, say goodbye to high utility bills! The high-efficiency solar panels offer incredible energy savings. Live in one unit and let the building add a turnkey trophy property to your portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,484
Year Built
- Built in 1925
Parking
- 2 Car Detached Garage
- Parking Available
- Side Facing Garage
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Bedroom in Basement
- Stubbed For A Bathroom
- Basement Storage
- Natural lighting in basement
Additional Features
- Solar Heating System
- Lot Dimensions are 25 x 125
- Lake Michigan Water
Community Details
- 2 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,738 | $48,000 | $11,625 | $36,375 |
| 2024 | $6,738 | $48,000 | $11,625 | $36,375 |
| 2023 | $7,114 | $37,772 | $9,379 | $28,393 |
| 2022 | $7,114 | $40,610 | $9,379 | $31,231 |
| 2021 | $7,526 | $40,609 | $9,378 | $31,231 |
| 2020 | $6,096 | $30,354 | $5,437 | $24,917 |
| 2019 | $6,429 | $35,296 | $5,437 | $29,859 |
| 2018 | $6,297 | $35,296 | $5,437 | $29,859 |
| 2017 | $5,541 | $29,103 | $4,875 | $24,228 |
| 2016 | $5,797 | $31,424 | $4,875 | $26,549 |
| 2015 | $5,281 | $31,424 | $4,875 | $26,549 |
| 2014 | $4,521 | $26,916 | $4,500 | $22,416 |
| 2013 | $4,420 | $26,916 | $4,500 | $22,416 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $699,000 | 0.0% | -- |
| 04/22/2016 04/22/16 | Rented | $1,300 | 0.0% | -- |
| 04/17/2016 04/17/16 | Under Contract | -- | -- | -- |
| 04/09/2016 04/09/16 | For Rent | $1,300 | 0.0% | -- |
| 04/06/2016 04/06/16 | Off Market | $1,300 | -- | -- |
| 04/01/2016 04/01/16 | For Rent | $1,300 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12580594
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.