Address
3142 S Wells Street, Chicago, IL
Price
$ 430,000
Property Attributes
- MLS#11992324
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - Armour Square
- NeighborhoodArmour Square
- Zip60616
- Style
- Year Built1885
- Taxes$ 6636
- Price$ 430,000
- Bedrooms7
- Full Bathrooms7
- Half Bathrooms3
- Sqr Footage3518
- Lot Size3,049 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
**Prime Investment Opportunity in Armour Square/Bridgeport** Discover a unique investment just a short walk from Guaranteed Rate Field. This building comes with blueprints for a three-unit, 4 story property transformation, permit approval in final stages. Envision modern, open-concept living spaces with large kitchens and laundry in each unit. A 3 bedroom, 2.1 bath, owner's duplex up and two additional units with 2 bedrooms and 1.1 baths. Gutted and ready for renovation, this property is perfect for contractors, real estate investors, or savvy buyers with cash or 203K financing, offering a blank canvas in one of Chicago's most desirable locations.
| Price History | |
|---|---|
| 3/2/2024 | Listed $430,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas,Forced Air |
| Possession | Closing |
| Garage Spaces | 2 |
| Year Built | 1885 |
| Township | South Chicago |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 16 |
| Status | Active |
| Directions | Wells Street (1 blk West of 90/94) between 31ST and 32ND |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Armour Square |
| Waterfront Y/N | No |
| Street Name | Wells |
| Tax Annual Amount | 6636 |
| Days on Market | 14 |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Full,English |
|---|---|
| Street Suffix | Street |
| Total Bedrooms | 7 |
| Total Baths | 7 |
| Bedrooms Possible | 7 |
| Basement | Exterior Access |
| Full Baths Building | 4 |
| Half Baths Building | 3 |
| Total Number of Units | 3 |
Exterior Features
| Water Source | Lake Michigan,Public |
|---|---|
| Total Parking | 2 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 25X125 |
| Lot Size Acres | 0.07 |
| Garage Onsite | Yes |
| Garage Type | Detached |
| Garage Ownership | Owned |
| Exterior | Aluminum Siding,Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60616
Price
Taxes
Visits
Year Built
