$448,800
2631 S Shields Avenue
Chicago, IL, 60616
Prime Armour Square – Fully Rented Legal 4-Flat. Exceptional investment opportunity in the heart of Armour Square! Fully rented legal 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:
$448,800
MLS #:
MRD12371730
Status:
Active
Beds:
8
Baths:
4
Address:
2631 S Shields Avenue
Type:
Multi Family
Neighborhood:
CHI – Armour Square
City:
Chicago
Listed Date:
May 21, 2025
State:
IL
ZIP:
60616
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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2631 S Shields Avenue
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