Renovated Two-Unit Residential
For Sale
$525,000
Pending
4162 South Wells Street, Chicago, IL 60609
Newly renovated two-unit building offers one leased unit and one available unit, with recent updates including tankless hot water.
Property Size3,800 SF
Days on Market87
Property Features for 4162 South Wells Street
General Information
Standard status
Pending
Size
3,800 SF
Total Parking Spaces
3
Property subtype
Two to Four Units / 2 Flat
Taxes and HOA fees
Annual Taxes
$2,219
Building Details
Year Renovated
2023
Listing Agency:
Jameson Sotheby's Intl Realty
Listed By:
Feras Abbas · License #475184721
(312) 671-1991
Source:
Compass
Added: Jun 13
Changed: Aug 8
Last Checked: Jul 24 at 1:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jameson Sotheby's Intl Realty
Investment Insights
Based on property information with market context.
This newly renovated two-unit residential building was fully refreshed in 2023 and features two separate units. Unit 1 is a duplex-down layout with 5 bedrooms and 3 full bathrooms and is currently rented under a one-year lease. Unit 2 offers 3 bedrooms and 2 full bathrooms and is available for immediate residency, whether for a tenant or as an owner-occupied setup.
Improvements since 2023 include a new washer in Unit 1, a new tankless water heater in Unit 2, a new rear fence, and freshly painted interiors for both units.
The property is configured to operate as a straightforward income-producing asset, with current rent and annual rental income provided in the listing materials.
Improvements since 2023 include a new washer in Unit 1, a new tankless water heater in Unit 2, a new rear fence, and freshly painted interiors for both units.
The property is configured to operate as a straightforward income-producing asset, with current rent and annual rental income provided in the listing materials.
Key Highlights
- Fully renovated 2023 two‑unit building in Bronzeville
- Unit 1: 5 bedrooms and 3 full bathrooms; currently leased for $2,500/month (one‑year lease)
- Unit 2: 3 bedrooms and 2 full bathrooms; available for immediate residency
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Newly renovated two-unit building offers one leased unit and one available unit, with recent updates including tankless hot water.
Where is this duplex located?
The property is located at 4162 South 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 2023 two‑unit building in Bronzeville; Unit 1: 5 bedrooms and 3 full bathrooms; currently leased for $2,500/month (one‑year lease); Unit 2: 3 bedrooms and 2 full bathrooms; available for immediate residency
