3032 Wells Street, Armour Square, Chicago, Illinois 60616


$450,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 4
Baths: 0
Year Built: 1890
Property Taxes: $5,401
Days On Market: 1495
Lot Size: 0,00

Description

Multi-unit investment property with 2 units in prime Armour Square / Bridgeport location close to IIT, I-90/I-94, public transportation, Chinatown, restaurants, shopping, Sox Park and more! $46,200 annual rent potential and 6.5% cap rate! Unit 1 is currently owner occupied. Unit 2 is currently tenant occupied with a MTM lease. Building also offers newer 2 car garage currently being used by the owner but can be leased out for additional income. Ideal rental investment opportunity due to proximity to IIT campus and high rental demand in area, or live in 1 unit and let tenants pay your mortgage!

Property Specifics

Multi-unit
—
—
1890
—
Brick
—
—
No
—
Cook
—
— / —
—
—
—
—
—
11643942
17284350260000

Property History

DATE: EVENT: PRICE: SOURCE:
29 Oct, 2015 Sold $336,000 MRED MLS
21 Sep, 2015 Under contract $339,000 MRED MLS
8 Sep, 2015 Listed for sale $339,000 MRED MLS
22 Nov, 2022 Sold $450,000 MRED MLS
11 Oct, 2022 Under contract $450,000 MRED MLS
3 Oct, 2022 Listed for sale $450,000 MRED MLS
— Last price change $610,000 MRED MLS
12 Oct, 2026 Listed for sale $610,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —

Other Specifics

2
—
Garage
—
—
—
—
—
25 X 129
—
—
—
—
Not in DB
—
—
—

Tax History

Year Property Taxes
2015 $4,578
2022 $5,401
— $7,385

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Contact Agent

Listing Provided By

Baird & Warner