4055 W Nelson St Chicago, IL 60641
Avondale NeighborhoodEstimated payment $5,054/month
Highlights
- Property is near park
- 2 Car Detached Garage
- Solar Heating System
- Lower Floor Utility Room
- Enclosed Patio or Porch
- Senior Tax Exemptions
About This Home
When I say RARE, I mean it! Your new legal 2-unit building, located in the heart of Avondale, features 6 total bedrooms and 3 full bathrooms. The garden/in-law unit features an open-concept kitchen and living area, 2 bedrooms, and a full bathroom. The 1st-floor unit is stunning! Beautiful original woodwork throughout, hardwood floors, newer windows, a newer spacious kitchen, 2 bedrooms, and a small den give this unit plenty of character and charm. The 2nd-floor unit offers the same generous amount of space. The only difference? It could use your personal cosmetic touch-and the good news is, it's VACANT! Update it exactly how you want and make it your own. The owner has completed several updates throughout the building over the past 1-10 years. Let's not forget-the building is equipped with solar panels, helping make this property even more efficient. This is an amazing opportunity to own a turnkey investment property in a booming Avondale location. Whether you're looking to owner-occupy while generating rental income or add a solid multi-unit property to your investment portfolio, opportunities like this don't come around often!
Listing Agent
606 Brokers LLC Brokerage Phone: (773) 870-5101 License #475164651 Listed on: 09/25/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,767
Year Built
- Built in 1925 | Remodeled in 2018
Parking
- 2 Car Detached Garage
- Parking Available
- Alley Access
- Off Alley Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Storage
Additional Features
- Lower Floor Utility Room
- Solar Heating System
- Enclosed Patio or Porch
- Lot Dimensions are 30 x 125
- Property is near park
- Radiant Heating System
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $2,500
- Fuel Expense $960
- Water Sewer Expense $1,300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2026 09/25/26 | For Sale | $759,900 | 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 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Citywide Title Corporation |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12767937
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Ask me questions while you tour the home.