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Fully Renovated Two-Unit Duplex Building
For Sale
Under Contract
$525,000

4162 S Wells Street, Chicago, IL 60609

MULTI_FAMILY - Chicago, IL

Days on Market50

Property Features for 4162 S Wells Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 5, Bathroom 3, Basement, Bedroom 1, Bedroom 4, Den, Bathroom 2, Bedroom 8, Bedroom 2, Bedroom 6
Parking 3
Parking features Off Alley, Secured, Owned
Fencing Fenced
Basement Finished, Full, Walk-Out Access
Elementary school district 299
Middle school district 299
High school district 299
Directions I-94 E. to 39th St. exit west to Wells & south to bldg.
Subdivision CHI - Fuller Park
Standard status Active Under Contract
APN 20042220490000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2219

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Building materials Vinyl Siding, Frame
Roof type Asphalt
Listing Agency: Jameson Sotheby's Intl Realty
Listed By: Feras Abbas · License #475184721
Added: Jun 13 Changed: Aug 1 Last Checked: Aug 1 at 8:06PM
MLS# 12673820

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This two-unit duplex was fully renovated in 2023 and is set up for either owner occupancy or income use. Unit 1 is described as a very large duplex-down with five bedrooms and three full bathrooms. Unit 2 offers three bedrooms and two full baths and is available for immediate residency for a tenant or a new owner.

Bronzeville is the setting, with the property located at 4162 S Wells Street in Chicago, IL 60609. The building is heated by natural gas forced air, and public sewer service is available. Exterior finishes include vinyl siding and asphalt roofing. Parking is available off the alley, and parking is described as secured and owned, with fencing noted as fenced.

Recent improvements since 2023 include a new washer in Unit 1, a new tankless water heater in Unit 2, a new rear fence, and fresh paint for both units.

Key Highlights

  • Fully renovated in 2023 for a two‑unit duplex setup
  • Unit 1 duplex‑down with 5 bedrooms and 3 full bathrooms
  • Unit 2 with 3 bedrooms and 2 full bathrooms and available for immediate residency

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store Law Firm Acupuncture Pet Grooming Service

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

728
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
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?
Duplex - Two-unit duplex fully renovated in 2023 with fenced outdoor area, forced-air gas heat, and off-alley secured parking.
Where is this duplex located?
The property is located at 4162 S Wells Street Chicago, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Fully renovated in 2023 for a two‑unit duplex setup; Unit 1 duplex‑down with 5 bedrooms and 3 full bathrooms; Unit 2 with 3 bedrooms and 2 full bathrooms and available for immediate residency
More about this property
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