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Active
    • $398,000

    2631 S Shields Ave, Chicago, IL 60616

    8beds
    --sqft
    : 
    $3,023/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $377,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fenced backyardTwo parking spaces
    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.
    233 days
    |
    876
    |
    55
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Ng 773-886-0660,

    Mango Realty Group

    Source: MRED as distributed by MLS GRID,MLS#: 12541334MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 2
      • Parking features: Yes, Owned
      Lot
      • Size: 2,400 Square Feet
      • Dimensions: 24X100
      Details
      • Parcel number: 17284010190000
      • Special conditions: List Broker Must Accompany

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      Condition
      • New construction: No

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $450,000
      • Annual tax amount: $8,228
      • Date on market: 1/6/2026
      • Ownership: Fee Simple

        Estimated market value

        $377,500

        $359,000 - $396,000

        $1,792/mo

        Price history

        DateEventPrice
        1/6/2026Listed for sale$398,000
        Source: MRED as distributed by MLS GRID #12541334 Report a problem
        1/6/2026Listing removed$398,000
        Source: MRED as distributed by MLS GRID #12500969 Report a problem
        12/10/2025Contingent$398,000
        Source: MRED as distributed by MLS GRID #12500969 Report a problem
        10/21/2025Listed for sale$398,000-11.3%
        Source: MRED as distributed by MLS GRID #12500969 Report a problem
        10/16/2025Listing removed$448,800
        Source: MRED as distributed by MLS GRID #12371730 Report a problem
        9/21/2025Contingent$448,800
        Source: MRED as distributed by MLS GRID #12371730 Report a problem
        5/21/2025Listed for sale$448,800+55.8%
        Source: MRED as distributed by MLS GRID #12371730 Report a problem
        11/18/2015Sold$288,000-3.7%
        Source: MRED as distributed by MLS GRID #09047775 Report a problem
        10/2/2015Listed for sale$299,000
        Source: Goodland Realty Inc. #09047775 Report a problem
        9/29/2015Pending sale$299,000
        Source: Goodland Realty Inc. #09047775 Report a problem
        9/25/2015Listed for sale$299,000+19.6%
        Source: Goodland Realty Inc. #09047775 Report a problem
        7/18/2014Sold$250,000
        Source: MRED as distributed by MLS GRID #08570190 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,041 +9.9%$45,000 +15.4%
        2023$8,229 +2.6%$39,000
        2022$8,022 +2.3%$39,000
        2021$7,843 +34.5%$39,000 +48.9%
        2020$5,833 -3.5%$26,184 -13%
        2019$6,047 +6.3%$30,097 +4.5%
        2018$5,689 -7.1%$28,800 +1.3%
        2017$6,123 +7.5%$28,444
        2016$5,697 +9.3%$28,444
        2015$5,212 +14.3%$28,444 +4.8%
        2014$4,560 +2.3%$27,144
        2013$4,459 +20.1%$27,144
        2012$3,711 +25.5%$27,144 -18.7%
        2011$2,958 +18.4%$33,373
        2010$2,499 -41.6%$33,373
        2009$4,279 +100.7%$33,373 +0.2%
        2008$2,132 -37.8%$33,292
        2007$3,430 +29%$33,292
        2006$2,658 +23%$33,292 +76%
        2005$2,161 +1.9%$18,915
        2004$2,121 +4.5%$18,915
        2003$2,030 -5.4%$18,915 +37.4%
        2002$2,147 +5.5%$13,770
        2001$2,034 +8.6%$13,770
        2000$1,873 0%$13,770 +17.2%
        1999$1,873 $11,749
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Bridgeport

        Getting around

        89 / 100
        Very Walkable
        72 / 100
        Excellent Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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