2918 South Wells, Chicago IL 60616
$715,000

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Property Description

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.

Features & Information

Key Details

  • List Price $715,000
  • Property Taxes $9,010
  • Price/ Sq. Ft. Unavailable
  • Year Built 1888
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 12
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Cathedral Ceilings, Hardwood Floors, Accessible Entrance
  • Unit 2 Stove, Refrigerator, Cathedral Ceilings, Hardwood Floors
  • Unit 3 Stove, Refrigerator, Cathedral Ceilings, Hardwood Floors, Accessible Entrance
  • Unit 4 Stove, Refrigerator, Hardwood Floors

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property 31st Street West, To Wells. North To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 9010
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 17284260250000

Utilities

  • Sewer Sewer-Publ

Listed by: Homesmart Realty Group | Phone: 708.320.0002
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/23/2026 11:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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