2631 S Shields Avenue, Chicago, IL
  • $398,000

Description

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.

  • Listing Courtesy of: Mango Realty Group

Details

Updated on June 27, 2026 at 4:03 am
  • Property ID MRD12541334
  • Price $398,000
  • Bedrooms 8
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 17284010190000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 172
  • Cumulative Days On Market 396
  • Tax Annual Amount 8228.64
  • Heating Natural Gas
  • Parking Features Yes,Owned
  • Directions 26th Street to Shields, south to property
  • Address 2631 S Shields Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60616
  • Country United States

Overview

Property ID: MRD12541334
  • Multi Family
  • Property Type
  • 8
  • Bedrooms

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