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Vacant Residential Development Lot
For Sale
$44,000

4206 South Wells Street, Chicago, IL 60609

Vacant RS-3 zoned lot with frontage and alley access, allowing single-family detached homes and two-flats.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market296

Property Features for 4206 South Wells Street

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Land
Zoning SINGL

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $615
Listing Agency: Prello Realty
Listed By: Nayibe Garces · License #471022542
Source: Compass
Added: Oct 18, 2025 Changed: Aug 8 Last Checked: Mar 25 at 5:14PM

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 Prello Realty

Investment Insights

Based on property information with market context.

This vacant residential lot is zoned RS-3 and measures 25 by 122. The site is being offered with adjacent vacant lots on each side, which may support expansion or additional investment build opportunities. The property includes a new alley, providing direct access for future development.

Located at 4206 South Wells Street in Chicago, the lot offers convenient access to the expressway and is within walking distance to White Sox Stadium. Public transportation access is also described as readily available.

Per the Chicago Zoning Ordinance 17-2-0200, RS-3 zoning permits single-family detached homes and two-flats, supporting a range of small-scale residential development options for buyers evaluating build plans.

Key Highlights

  • 25x122 vacant lot zoned RS‑3
  • RS‑3 zoning allows single‑family detached homes and two‑flats (Chicago Zoning Ordinance 17‑2‑0200)
  • Frontage with alley access

Property Analytics

Current Use

Residential land & home ...

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

745
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant RS-3 zoned lot with frontage and alley access, allowing single-family detached homes and two-flats.
Where is this residential land & home lot located?
The property is located at 4206 South Wells Street Chicago, IL.
What is the asking price?
The asking price for this property is $44,000.
What are key features of this property?
This property features: 25x122 vacant lot zoned RS‑3; RS‑3 zoning allows single‑family detached homes and two‑flats (Chicago Zoning Ordinance 17‑2‑0200); Frontage with alley access
More about this property
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