LKV Realty
Logo
$715,000
$3,900Reward *
2918 S Wells Street, Chicago, IL 60616Listing ID 12671601

2918 S Wells Street, Chicago, IL 60616

Active
CHI - Armour Square
Time on site: 68 daysLast updated: Jul 7, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Acres
Acres
0.25
Days on Site
Days on Site
69
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1888
Garages
Garages
2
Parking
Parking
Yes, Garage Owned, Detached, Garage

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.

Property Information

Property Details

Location

Address
2918 S Wells Street
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

Year Built
1888
Construction
Brick
Foundation
Concrete Perimeter
Roof
Flat

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$9,010
Tax Year
2023
Homesmart Realty Group, (708) 320-0002

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 17 Aug 2026, 07:41 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.

MRD269056 • MRD602239