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Price cut: $20,000
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Two to Four Units · Chicago, IL
$715,000$735,000
8 beds · 4 baths
2918 S Wells Street, Chicago, IL, 60616
A brick-and-mortar place to make your own — room to make it home.
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What’s special

2-car garage
Exceptional investment opportunity in Chicago's sought-after Armour Square neighborhood. This solid brick 4-unit building features four residential units spread across two stories, offering a total of 8 bedrooms and 4 full bathrooms. With strong income-producing potential in an area known for consistent rental demand, this property is an excellent addition to any investment portfolio. Select units feature high ceilings and hardwood flooring, adding character and appeal for tenants. The location is a major advantage, placing residents within easy reach of some of Bridgeport's most popular destinations, including Maria's Packaged Goods & Community Bar, Bridgeport Coffeehouse, Antique Taco, and Bridgeport Art Center. Public transportation, nearby expressways, and close proximity to Chinatown and Rate Field provide added convenience and broad tenant appeal. Combining a desirable location, classic brick construction, and strong rental potential, this Armour Square multifamily property presents an outstanding opportunity for investors looking to grow their portfolio in one of Chicago's most established and accessible neighborhoods. Schedule your showing today.
— the listing agent’s description

The home

8 beds
4 baths
Built in 1888
0.25-acre lot
2-car garage
Two to Four Units

What it’ll cost

$9,010 taxes / yr
No HOA
Listed $735,000
Now $715,000
28 days on dwello

Estimated monthly payment

$4,762/mo
Principal & interest$3,802
Property taxes$751
Homeowners insurance$209
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Tour it with a real dwello agent
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On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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28 days on dwello
Price history
Price reduced
Jul 7, 2026
↓ $20,000$715,000
Listed for sale
Jun 10, 2026
$735,000
Now $20,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$9,010/yr
Assessed value
2025
County assessor
$51,564~$515,640 mkt
2024
$51,564~$515,640 mkt
2023
$46,021~$460,210 mkt
2022
$46,021~$460,210 mkt
2021
$49,339~$493,390 mkt
2020
$31,726~$317,260 mkt
2019
$39,126~$391,260 mkt
2018
$40,585~$405,850 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasForced AirBrickPublic SewerYesGarage Owned
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Gregory Gromek · Homesmart Realty Group
Listing last updated Jul 7, 2026 · data refreshed from the MLS Jul 7, 2026, 5:09 AM CT
Based on information submitted to the MLS GRID as of Jul 7, 2026, 5:09 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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