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

4162 S Wells Street, Chicago, IL 60609

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market97

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 6, Bedroom 7, Bedroom 8, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Den, Bathroom 3, Bathroom 5, Bedroom 3, Basement, Bedroom 2
Parking 3
Parking features Secured, Off Alley, 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 Forced Air, Natural Gas

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: Sep 12 Last Checked: Sep 17 at 11:06AM
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.

Located at 4162 S Wells Street in Chicago, this two-unit residential property underwent a full renovation in 2023. The lower-level duplex configuration creates a five-bedroom, three-bath residence with a single-family scale, while the second unit provides three bedrooms and two full bathrooms.

Recent work includes fresh interior paint throughout both residences, a new washer in Unit 1, a tankless water heater in Unit 2, and a replacement rear fence. The property has vinyl siding and frame construction, forced-air natural-gas heat, an asphalt roof, public sewer service, and secured parking accessed off the alley. Unit 2 is available for immediate occupancy by an owner or tenant.

Key Highlights

  • Fully renovated in 2023
  • Five‑bedroom, three‑bath duplex‑down first unit
  • Second unit offers 3 bedrooms and 2 full bathrooms

Property Analytics

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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

2
Residential units
50%
Occupancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Updated income property with secured off-alley parking and flexible owner-occupant or tenant use.
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; Five‑bedroom, three‑bath duplex‑down first unit; Second unit offers 3 bedrooms and 2 full bathrooms
More about this property
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