Active

$398,000

2631 Shields Avenue, Chicago, IL 60616
8 Beds4 Baths261 days
2631 Shields Avenue·Chicago, IL 60616
8Bedrooms
4Bathrooms
About This Home

Exceptional investment opportunity in the heart of Armour Square! Fully rented 4-unit building located just steps from Chinatown and one block from James Ward Elementary School. All units are separately metered with tenants paying their own utilities. Fenced backyard offers two parking spaces. Outstanding location with easy access to major expressways and public transportation. Current rents are below market-plenty of upside potential. Always easy to rent. Ideal for investors seeking stable income and long-term appreciation.

MLS# 12541334Listed January 6, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms16

Size & Structure

Lot Size24X100

Location

CountyCook
TownshipSouth Chicago
Zip Code60616

Financial

List Price$398,000
Annual Taxes (2023)$8,229
Monthly Tax Est.$686
Parcel #17284010190000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Frame
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesOwned
Tax & Financial
Annual Taxes
$8,229
Tax Year 2023
Monthly Tax Est.
$686
per month
Property Location

2631 Shields Avenue, Chicago, IL 60616 — Cook County

$398,000
2631 Shields Avenue
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
261 days on market
24X100
$8,229/yr taxes
$2,777
estimated monthly payment
Principal & Interest
$2,092/mo
Property Tax
$686/mo
$398,000
20% — $79,600
3%50%
6.875%
3%12%
Loan Amount
$318,400
Down Payment
$79,600

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Mango Realty Group
Agent: Man Ching Ng
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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