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$899,999
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Property Description
Great opportunity to own this Mixed-Use Building in West Elsdon! Offers 2 commercial spaces, 2-2Bdrm apartments & 4-1Bdrm apartments. Each apartment unit has its own electrical & gas meter. One of the commercial spaces is being use as a hair salon & the other was to be used as a restaurant but never opened up. The restaurant equipment will be included in the sale. The restaurant & 1 apartment are currently vacant. Basement is partially finished. Offers 5-6 parking spaces in the back of the building. Address is 3641-3643 W 55th Street. Don't wait make your appointment today!
Full Property Details
Full Property Details for 3643 W 55th St
General
- Price: $899,999
- Taxes: $16,510 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12589735
- Updated: 3/22/2026
- Added to Site: 19 day(s) ago
Location
- Area: CHI - West Elsdon
- County: Cook
- Township: Lake
- Driving Directions: N/S on Lawndale Ave to 59th Street then East to property.
- Location Details: Chicago South, Mixed-Use Area, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Central Building Heat, Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Year Built: 1929
- Built Before 1978: Yes
Unit Information
- # Tenants: 6
Lot Features
- Lot Size (Sq. Ft.): 4,750
- Lot Dimensions: 50 x 120
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1929
- Tax Amount: $16,510.81
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 19141030050000
Listed by R.A. Homes & Associates, Inc.
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Schools
Schools serving 3643 W 55th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Sandoval Elementary School, Chicago, IL 5534 South Saint Louis Avenue, Chicago, IL 60629 | K-5 | 0.2 mi |
Hernandez Middle School 3510 West 55th Street, Chicago, IL 60632 | 6-8 | 0.2 mi |
Solorio Acad High School 5400 South Saint Louis Avenue, Chicago, IL 60632 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3643 W 55th St
Date
Details
Price
Change
Source
3/16/2026
Listed
$899,999
66.67%
MLS
2/28/2005
Sold
$540,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3643 W 55th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,895
3%
$75,337
—
2022
$15,496
2%
$75,337
—
2021
$15,150
43%
$75,337
58%
2020
$10,625
11%
$47,697
—
2019
$9,583
2%
$47,697
—
2018
$9,422
20%
$47,697
31%
2017
$7,822
7%
$36,334
—
2016
$7,277
9%
$36,334
—
2015
$6,658
3%
$36,334
4%
2014
$6,472
2%
$34,881
—
2013
$6,344
1%
$34,881
—
2012
$6,259
—
$34,881
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3643 W 55th St
3643 W 55th Street, Chicago, IL 60632 (MLS# 12589735) is a Commercial property. 3643 W 55th Street is currently listed for $899,999 and was received on March 16, 2026. Want to learn more about 3643 W 55th Street? Do you have questions about finding other Commercial real estate for sale in West Elsdon? You can browse all West Elsdon real estate or contact a Coldwell Banker agent to request more information.

