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Multifamily Building with Solar Panels
New
For Sale
$799,900

4055 W Nelson Street, Chicago, IL 60641

Multiple two-bedroom layouts are complemented by a finished basement suite and energy-producing solar equipment.

Property SizeContact for details
Days on Market6

Property Features for 4055 W Nelson Street

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $8,484

Building Details

Year Built 1925
Listing Agency: Chicagoland Brokers, Inc.
Listed By: Patricio Arias
Source: Birdrealtysells
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 30 at 12:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicagoland Brokers, Inc.

Investment Insights

Based on property information with market context.

Built in 1925, this multifamily property offers two-bedroom layouts on each floor along with a finished basement configured as a two-bedroom in-law suite. The building has been maintained by the same family for 36 years, and solar panels provide an energy-efficiency feature for the property.

The property is located at 4055 W Nelson Street in Chicago, near schools, dining, shopping, and entertainment. Its residential layout combines multiple two-bedroom accommodations with additional basement living space, creating a flexible configuration for occupants or extended household use.

Key Highlights

  • Two‑bedroom layout on each floor
  • Finished basement with a two‑bedroom in‑law suite
  • High‑efficiency solar panels installed

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Catering Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,474
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multiple two-bedroom layouts are complemented by a finished basement suite and energy-producing solar equipment.
Where is this multifamily property located?
The property is located at 4055 W Nelson Street Chicago, IL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two‑bedroom layout on each floor; Finished basement with a two‑bedroom in‑law suite; High‑efficiency solar panels installed
More about this property
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