4850 W Nelson St
4850 W Nelson St,
Chicago, IL 60641
$2,500 | 3 Beds
The Cragin neighborhood of Chicago, also known as Belmont-Cragin, sits halfway between Diversey and Fullerton Avenue, just over nine miles northwest of Downtown Chicago. Sitting eight miles northwest of the Loop, Cragin, once a hub of Chicago industry, now combines a suburban pace of life with urban conveniences. Locally owned restaurants, bars, and coffee shops are scattered around the neighborhood’s walkable layout. Contemporary apartment developments have popped up as more residents flock to areas outside Chicago. You’ll find mid-rise apartments in modern styles and long-standing rentals as well. Access to Interstate 90 and Chicago’s Blue Line makes it easy to commute into and out of the city.
As of March 2025, the average apartment rent in Cragin is $828 for a studio, $869 for one bedroom, $1,288 for two bedrooms, and $1,763 for three bedrooms. Apartment rent in Cragin has increased by 2.4% in the past year.
Studio
474 sq ft
Average Sq Ft
$828/month
Average Rent
1 BR
451 sq ft
Average Sq Ft
$869/month
Average Rent
2 BR
633 sq ft
Average Sq Ft
$1,288/month
Average Rent
3 BR
750 sq ft
Average Sq Ft
$1,763/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.