4500 S Wells St Chicago, IL 60609
Bridgeport NeighborhoodEstimated payment $2,432/month
Highlights
- Property is near park
- 2 Car Detached Garage
- 3-minute walk to Fuller Park
- Corner Lot
About This Home
This is the investment you have been looking for! Own this two unit property in Fuller Park that features two generously sized units, each with three bedrooms and a bath. Long term tenants share a convenient laundry room and backyard space. The basement has been renovated as a potential third unit. You can live in a unit and rent out the other two or enjoy additional income! The location is absolutely amazing with easy access to downtown, expressways, schools, shopping, public transportation, and other amenities in minutes. Own this gem and capitalize on the strong rental market in an area that is seeing new construction within blocks.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,235
Year Renovated
- 2025
Lot Details
- Lot Dimensions are 25x111
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Property is near park
Community Details
- 2 Units
- Gross Income $51,300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,752 | $21,000 | $1,665 | $19,335 |
| 2024 | $2,752 | $21,000 | $1,665 | $19,335 |
| 2023 | $2,682 | $13,000 | $2,220 | $10,780 |
| 2022 | $2,682 | $13,000 | $2,220 | $10,780 |
| 2021 | $2,622 | $13,000 | $2,220 | $10,780 |
| 2020 | $1,789 | $8,030 | $2,220 | $5,810 |
| 2019 | $1,793 | $8,923 | $2,220 | $6,703 |
| 2018 | $1,763 | $8,923 | $2,220 | $6,703 |
| 2017 | $1,924 | $15,013 | $1,942 | $13,071 |
| 2016 | $0 | $15,013 | $1,942 | $13,071 |
| 2015 | $0 | $15,013 | $1,942 | $13,071 |
| 2014 | -- | $12,121 | $1,803 | $10,318 |
| 2013 | -- | $12,121 | $1,803 | $10,318 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2026 01/13/26 | Price Changed | $399,900 | -2.5% | -- | |
| 12/23/2025 12/23/25 | Price Changed | $410,000 | -3.5% | -- | |
| 12/13/2025 12/13/25 | For Sale | $425,000 | +46.6% | -- | |
| 09/11/2023 09/11/23 | Sold | $290,000 | -3.3% | -- | View Prior Sale |
| 07/07/2023 07/07/23 | Pending | -- | -- | -- | |
| 05/18/2023 05/18/23 | For Sale | $299,900 | +53.8% | -- | |
| 04/13/2020 04/13/20 | Sold | $195,000 | -2.3% | -- | View Prior Sale |
| 02/13/2020 02/13/20 | Pending | -- | -- | -- | |
| 01/28/2020 01/28/20 | For Sale | $199,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12531689
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