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    4500 S Wells St Chicago, IL 60609

    New
    For Sale
    $425,000

    Residential Income - Chicago, IL

    Days on Market:
    1
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 4500 S Wells St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    20044250020000
    Parking
    2
    Exterior features
    Corner Lot

    Utilities

    Heating system
    Natural Gas

    Building Details

    Roof type
    Asphalt
    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Alisa McLaughlin (312) 216-2422 License #475121097

    Listing date Dec 13, 2025

    MLS# 12531689 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fuller Park Two-Unit Property

    This two-unit property is located in Chicago's Fuller Park neighborhood. Each of the two generously sized units features three bedrooms and one bath. Tenants have access to a shared laundry room and backyard space. The basement has been renovated and offers the potential for a third unit, providing an opportunity for additional income. The property's location provides convenient access to downtown, expressways, schools, shopping, and public transportation. New construction is underway within blocks of the property.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6325645
    Latitude
    41.8124003

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    FAQs

    What type of property is this?
    Duplex - Two-unit property in Fuller Park with potential for additional income.
    Where is this duplex located?
    The property is located at 4500 S Wells St Chicago, IL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Potential for rental income from two units, or owner-occupy and rent one.; - Basement renovated as potential third unit for increased income.; - Each unit features three bedrooms and one bathroom.
    (312) 216-2422
    Request Owner's contact information
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    Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4500 S Wells St Chicago, IL 60609
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