2918 S Wells Street Chicago, IL $ 735,000
2918 S Wells Street
$ 735,000
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2918 S Wells Street

Chicago, IL, 60616
$ 735,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 4,526

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Multi-Family Home for sale in Chicago, IL

for $735,000 with 8 bedrooms and 4 full baths. This home was built in 1888 on a lot size of 0.25.

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.

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Multi-Family Active

Price

$ 735,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,010

Style

Lot Size

0.25

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12671601

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Flat
Zoning LNC
Garage Spaces 2
Construction Materials Brick
Year Built 1888
Township South Chicago
Tax Year 2023
Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions 31st Street West to Wells. North to property
City Chicago
High School District 299
MLS Area CHI - Armour Square
Tax Annual Amount 9010
Virtual Tour https://youtu.be/6SQo2Tzhk5s
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Concrete Storage Space Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 25x125
Lot Size Acres 0.25
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Water Heater-Gas
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* Excluded Features
List By
Homesmart Realty Group

Broker

gregromek545@gmail.com

Email

Affordability Calculator

$5,276
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,526
Monthly Property Taxes
$751
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$735,000 Listed Price

Map


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2918 S Wells Street, Chicago, IL, 60616 is a Multi-Family Home for sale at $735,000 with a lot size of 0.25. 2918 S Wells Street has 8 bedrooms, 4.0 baths, and was built in 1888. The property's zip code is 60616 which is in Chicago, IL