ClosedPrice Reduced

$715,000

$735,000
2918 Wells Street, Chicago, IL 60616
8 Beds4 Baths52 days
2918 Wells Street·Chicago, IL 60616
8Bedrooms
4Bathrooms
1888Year Built
About This Home

Exceptional investment opportunity in Chicago's sought-after Armour Square neighborhood. This solid brick 4-unit building features four residential units spread across two stories, offering a total of 8 bedrooms and 4 full bathrooms. With strong income-producing potential in an area known for consistent rental demand, this property is an excellent addition to any investment portfolio. Select units feature high ceilings and hardwood flooring, adding character and appeal for tenants. The location is a major advantage, placing residents within easy reach of some of Bridgeport's most popular destinations, including Maria's Packaged Goods & Community Bar, Bridgeport Coffeehouse, Antique Taco, and Bridgeport Art Center. Public transportation, nearby expressways, and close proximity to Chinatown and Rate Field provide added convenience and broad tenant appeal. Combining a desirable location, classic brick construction, and strong rental potential, this Armour Square multifamily property presents an outstanding opportunity for investors looking to grow their portfolio in one of Chicago's most established and accessible neighborhoods. Schedule your showing today.

MLS# 12671601Listed June 10, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms12

Size & Structure

Garage Spaces2
Year Built1888
Lot Size0.250 acres

Location

CountyCook
TownshipSouth Chicago
Zip Code60616

Financial

List Price$715,000
Original Price$735,000
Annual Taxes (2023)$9,010
Monthly Tax Est.$751
Parcel #17284260250000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedConcreteStorage SpaceFull
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$9,010
Tax Year 2023
Monthly Tax Est.
$751
per month
Price Reduced by $20,000
Original list price: $735,000
Property Location

2918 Wells Street, Chicago, IL 60616 — Cook County

$715,000
2918 Wells Street
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
52 days on market
2-car garage
0.250 acres
$9,010/yr taxes
Price reduced $20,000
$4,508
estimated monthly payment
Principal & Interest
$3,758/mo
Property Tax
$751/mo
$715,000
20% — $143,000
3%50%
6.875%
3%12%
Loan Amount
$572,000
Down Payment
$143,000

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

Listed by
Homesmart Realty Group
Agent: Gregory Gromek
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