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  • $690,000

    2918 S Wells St, Chicago, IL 60616

    8beds
    --sqft
    Multi Family
    Built in 1888
    -- sqft lot
    $690,700 Zestimate®
    $--/sqft
    $1,725 Estimated rent

    Home value

    $690,700

    $629,000 - $760,000

    $1,725/mo

    Zestimate® history
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    $1,725/mo

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    $4,061/mo

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    $4,061/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gregory Gromek 708-625-1553,

    Homesmart Realty Group,

    Alexandra Gromek 708-692-7168,

    Homesmart Realty Group

    Bought with:

    David Chan

    Imperial Palace Properties Corporation

    Source: MRED as distributed by MLS GRID,MLS#: 12671601MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished,Concrete,Storage Space,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Features
    • Fencing: Chain Link
    Lot
    • Size: 0.25 Acres
    • Dimensions: 25x125
    Details
    • Parcel number: 17284260250000
    • Zoning: LNC
    • Special conditions: None
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1888

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $550,000
    • Annual tax amount: $9,010
    • Date on market: 6/10/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/18/2026Sold$690,000-3.5%
    Source: MRED as distributed by MLS GRID #12671601 Report a problem
    8/18/2026Contingent$715,000
    Source: MRED as distributed by MLS GRID #12671601 Report a problem
    7/2/2026Price change$715,000-2.7%
    Source: MRED as distributed by MLS GRID #12671601 Report a problem
    6/10/2026Listed for sale$735,000+425%
    Source: MRED as distributed by MLS GRID #12671601 Report a problem
    7/29/1997Sold$140,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,698 +7.6%$55,000 +19.5%
    2023$9,010 +2.8%$46,021
    2022$8,762 -5.3%$46,021 -6.7%
    2021$9,252 +45.1%$49,338 +55.5%
    2020$6,376 -11.1%$31,725 -18.9%
    2019$7,172 -2.3%$39,126 -3.6%
    2018$7,338 +17.2%$40,585 +25%
    2017$6,263 +4.3%$32,471
    2016$6,003 +9.8%$32,471
    2015$5,470 +8.2%$32,471 +8.9%
    2014$5,057 -6.8%$29,823
    2013$5,424 +1.4%$29,823
    2012$5,352 -11.4%$29,823 -20%
    2011$6,041 +14.5%$37,280
    2010$5,277 +8%$37,280
    2009$4,888 +73.8%$37,280 -7%
    2008$2,812 -36%$40,068
    2007$4,392 +21%$40,068
    2006$3,631 +27.4%$40,068 +74.5%
    2005$2,851 +1.9%$22,965
    2004$2,798 +4.5%$22,965
    2003$2,678 -5.4%$22,965 +30.6%
    2002$2,832 +5.1%$17,583
    2001$2,694 +9.6%$17,583
    2000$2,459 $17,583 +18.8%
    1999-- $14,799
    Find assessor info on the county website

    Neighborhood: Bridgeport

    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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    Estimated market value
    $690,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $690,700