2631 S Shields Avenue, Chicago, IL 60616

Chicago
Local realty services provided by:ERA Naper Realty
2631 S Shields Avenue,Chicago, IL 60616
$398,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: man ching ng
Office: mango realty group
MLS#:12541334
Source:MLSNI

Price summary

  • Price:$398,000

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.

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Home facts

  • Listing ID #:12541334
  • Updated:May 16, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:16
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$398,000
  • Tax amount:$8,229 (2023)

Parking

  • Total parking spaces:2
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