$398,000
2631 S Shields Avenue
Chicago, IL, 60616
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.
Property Details
Price:
$398,000
MLS #:
MRD12500969
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chiarmoursquare
Listed Date:
Oct 21, 2025
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Frame
Parking Features
On Site, Owned
Parking Spots
2
Financial
Tax Year
2023
Taxes
$8,229
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Multi Family in Chicago as of Nov 18, 2025
1,484
Multi Family Listed
85
Avg DOM
$496,403
Avg List Price
Community
- Address2631 S Shields Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60616
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Property Summary
- 2631 S Shields Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60616. It is listed for $398,000 To schedule a showing of MLS#mrd12500969 at 2631 S Shields Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2631 S Shields Avenue
Chicago, IL
