OK I am a rookie guitarist and I have always been a massive fan of this ballad. 
This is my first song by ear so might be a bit out!
Here are the chords which seem to fit well for strumming along with:

Intro (play simple downstrokes):
C - Em - Am - C/G - F - F - C


C                        Em
Told you once about your friends and neighbours
          Am                         C/G
They were always seeking but they'll never find it
        F                   C 
It's alright, yes it's alright

C                Em
Where to go and where to see
            Am                        C/G
It's always been that way and it can never be
       F                   C
It's alright, yes it's alright

C                   Em
Give it all and ask no return
          Am                          C/G
And very soon you'll see and you'll begin to learn
              F                   C
That's it's alright, yes it's alright

Solo:
F - C - F - C
G# - A# - G - G 
F - C - F - C
G# - A# - G - G 

C                            Em
Don't you know that it's so good for you
            Am                    C/G
You can be making love and see it all go through
           F                  C
But it's alright, yes it's alright