2631 S Shields Avenue Chicago IL 60616 MLS #MRD12371730

2631 S Shields Avenue
Chicago, IL, 60616
$448,800
8 Beds
4 Baths
0 SqFt
0 Acres
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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 Under Contract
Beds:
8
Baths:
4
Address:
2631 S Shields Avenue
Type:
Multi Family
Neighborhood:
chiarmoursquare
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

Listing Agent & Office

ManChing Ng
Mango Realty Group

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disclosure
Courtesy of Mango Realty Group. Disclaimer: All data relating to real estate for sale on this page comes from Midwest Real Estate Data (MRED). Detailed information about real estate listings held by brokerage firms other than Century 21 Circle include the name of the listing broker. Neither the listing company nor Century 21 Circle shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
Rover IDX
2631 S Shields Avenue
Chicago, IL