2818 S Wells St Chicago, IL 60616
Armour Square NeighborhoodEstimated payment $3,492/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/16/2026 05/16/26 | Pending | -- | -- | -- | |
| 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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Ask me questions while you tour the home.