LKV Realty
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$398,000
$1,900Reward *
2631 S Shields Avenue, Chicago, IL 60616Listing ID 12541334

2631 S Shields Avenue, Chicago, IL 60616

Active
CHI - Armour Square
Time on site: 218 days • Last updated: Jul 25, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Days on Site
Days on Site
218
Heating
Heating
Natural Gas
Parking
Parking
Yes, Owned

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.

Property Information

Property Details

Location

Address
2631 S Shields Avenue
County
Cook
City
Chicago
Zip Code
60616
Subdivision
CHI - Armour Square
School District
299
MLS Area
CHI - Armour Square

Interior Features

Beds and Baths

Bedrooms
8

Building

Building Information

Construction
Frame

Financial

Special Conditions
List Broker Must Accompany

Property Taxes

Tax Annual Amount
$8,229
Tax Year
2023
Mango Realty Group, (773) 886-0660

Market Report for 60616

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 12 Aug 2026, 08:24 AM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD874766