2818 S Wells St Chicago, IL 60616
Armour Square NeighborhoodEstimated payment $3,472/month
About This Home
This turnkey, legal 2-unit building located on the prime block of Armour Square offers a perfect blend of modern updates and an unbeatable location. The 1st floor was remodeled just 3 years ago and features 3 decent-sized bedrooms, a sleek and modern bath, and an updated kitchen with stainless steel appliances, and a spacious dining area. The 2nd floor boasts an oversized living room, 3 large bedrooms, a modern kitchen with granite countertops, and a huge private deck off the kitchen. Both units are designed for modern convenience with central heat/air, in-unit laundry, updated flooring, newer hot water tank, and separate utility meters. The property is further enhanced by newer porches, a fully-fenced front and back yards, and rare 4-car tandem parking. Perfectly situated for city living, you are just steps from White Sox Stadium and Armour Square Park, a block away to grocery stores, public transit, Buses 24/29, I-90/94, Chinatown, and the Loop. Great opportunity for investors or owner-occupied in 1 unit and rent the other! Sold "as-is."
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,423
Year Built
- Built in 1881 | Remodeled in 2023
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 25 x 125
Home Design
- Frame Construction
- Asphalt Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
- Parking Included in Price
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
- Armour Square Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,263 | $40,242 | $17,031 | $23,211 |
| 2024 | $6,263 | $40,242 | $17,031 | $23,211 |
| 2023 | $6,084 | $33,000 | $13,750 | $19,250 |
| 2022 | $6,084 | $33,000 | $13,750 | $19,250 |
| 2021 | $5,966 | $33,000 | $13,750 | $19,250 |
| 2020 | $6,848 | $33,844 | $13,750 | $20,094 |
| 2019 | $6,951 | $38,028 | $13,750 | $24,278 |
| 2018 | $6,833 | $38,028 | $13,750 | $24,278 |
| 2017 | $5,437 | $25,256 | $10,937 | $14,319 |
| 2016 | $5,059 | $25,256 | $10,937 | $14,319 |
| 2015 | $4,628 | $25,256 | $10,937 | $14,319 |
| 2014 | $4,204 | $22,660 | $9,375 | $13,285 |
| 2013 | $3,643 | $22,660 | $9,375 | $13,285 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $535,000 | +92.4% | -- | |
| 09/04/2013 09/04/13 | Sold | $278,000 | -15.5% | $144 / Sq Ft | View Prior Sale |
| 07/04/2013 07/04/13 | Pending | -- | -- | -- | |
| 05/06/2013 05/06/13 | For Sale | $329,000 | +18.3% | $170 / Sq Ft | |
| 05/05/2013 05/05/13 | Off Market | $278,000 | -- | -- | |
| 05/01/2013 05/01/13 | For Sale | $329,000 | -- | $170 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12641629
APN: 17-28-417-020
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.