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2631 S Shields Ave, Chicago, IL, 60616

8beds
4baths
--sqft
$398,000
--price/sqft
$2,871/moest. monthly cost
$114,840/yrincome needed

About This Home

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.

Getting Around

89
WalkingVery Walkable
72
TransitExcellent Transit
89
BikeVery Bikeable

Schools

8/10
Ward J Elementary SchoolGrades PK-80.1 mi
1/10

Construction

Materials

  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 17284010190000
  • Special condition: List Broker Must Accompany

Lot

  • Lot size: 2,400 sqft
  • Lot size dimensions: 24X100

Parking

  • Total spaces: 2
  • Parking features: Yes,Owned