NOT LISTED FOR SALE

2909 S Wells St Chicago, IL 60616

Armour Square Neighborhood
7 Beds
5 Baths
2,320 Sq Ft
-- Built

Sale Details

Date Sold: December 28, 2023

Last sale price $550,000 $237 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Balcony
  • Property is near park
  • Tennis Courts
  • 2 Car Detached Garage

About This Home

As of December 2023

Wonderful opportunity in the rarely available Armour Square/Bridgeport area! This huge 2-flat currently fresh repaint would bring you a very healthy investment potential -market $4400/mo, $52,800/yr. Keep as a steady rental or live in one unit and collect rental income from another!. So easy to rent as BOTH units have Central Air and Washer and Dryer in units! Both units are RARE DUPLUX UP/DOWN, while the 1st unit duplex to basement offers 3 beds/2.1 baths, and the 2nd unit duplex to the 3rd floor offers 4 beds/2 full baths, total 4000 s/f! 2-car garage! Beautiful stone facade. IN ADDITION, there's a wet bar in Both units. Fridge and stove in 1st unit is 3 yrs, furnace and water heater in 1st unit is 4 yrs, windows 4 yrs. roof 7 yrs. Need a home office, music studio? this is your place! Adjacent to the IIT campus, Chinatown for dinning, 90/94 Highway access right around the corner, 3 minutes' drive to downtown Chicago. Priced to move!

Last Agent to Sell the Property

Ying Li

Berkshire Hathaway HomeServices Chicago Listed on: 11/15/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Brian Aurelio

@properties Christie's International Real Estate License #475165648

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,613

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • Ceiling Fan
  • Screened Porch
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Deck

Lot Details

  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Location

  • Property is near park

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 2 Units

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,613

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch Screened, Cable Access
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Concrete

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3613.26
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 12, 2023
Sold by
Bought by
Seller's Agent
Ying Li
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Brian Aurelio
@properties Christie's International Real Estate
List Price
$559,900
Sold Price
$550,000
Premium/Discount to List
-$9,900
-1.77%
Views
164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,240
Interest Rate
0.0675%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
0.0475%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
0.0948%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
0.0975%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$550,000 Chicago Title
$300,000 --
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $537,240
Previous Owner $240,000
Previous Owner $99,000
Previous Owner $129,600
Source: Public Records

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
12/28/2023 12/28/23 Sold $550,000 -1.8% $237 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $559,900 -- $241 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,896 $54,000 $16,350 $37,650
2024 $6,896 $54,000 $16,350 $37,650
2023 $6,701 $36,000 $13,200 $22,800
2022 $6,701 $36,000 $13,200 $22,800
2021 $6,570 $36,000 $13,200 $22,800
2020 $5,870 $29,454 $13,200 $16,254
2019 $6,113 $33,856 $13,200 $20,656
2018 $6,009 $33,856 $13,200 $20,656
2017 $4,944 $26,342 $10,500 $15,842
2016 $4,776 $26,342 $10,500 $15,842
2015 $4,346 $26,342 $10,500 $15,842
2014 $4,630 $27,523 $9,000 $18,523
2013 $4,528 $27,523 $9,000 $18,523
Source: Public Records

Agents Affiliated with this Home

  • Ying Li

    Seller's Agent in 2023

    Ying Li

    Berkshire Hathaway HomeServices Chicago

    (312) 929-5516

    2 in this area

    38 Total Sales

    Ying Li
    Section Image
  • Brian Aurelio

    Buyer's Agent in 2023

    Brian Aurelio

    @ Properties

    (312) 576-5002

    1 in this area

    88 Total Sales

    Brian Aurelio
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11931154

Midwest Real Estate Data (MRED)

APN: 17284270040000

Illinois Cook County Chicago 60616 Armour Square

2909 S Wells St, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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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