NOT LISTED FOR SALE

2911 S Wells St Chicago, IL 60616

Armour Square Neighborhood
7 Beds
3 Baths
2,266 Sq Ft
1984 Built

Sale Details

Date Sold: October 5, 2022

Last sale price $662,000 $292 Per Sq Ft

4 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Family Room
  • Laundry Room

About This Home

As of October 2022

Rarely available...38 year old, 2 flat this close to Chinatown. 3 bedrooms each unit with 1 bedroom in-law apartment in the basement. Separate Central air and heat. Spacious bedrooms. Dining room open to kitchen. Large vegetable garden in the rear. Currently both apartments are rented out month to month. Rent can be much higher. Washer and dryer hookups in basement.

Last Agent to Sell the Property

Heidi Eng

HEIDI H CHOW ENG License #471022901 Listed on: 08/15/2022

Last Buyer's Agent

Hermia Cheung

Richland Properties and Homes License #471014479

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,591

Year Built

  • Built in 1984

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Lot Dimensions are 25x125x25x125
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,591

Year Built

Built in 1984

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1984
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 25X125X25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 8591.06
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • 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
Aug 15, 2022
Closed on
Sep 20, 2022
Sold by
Bought by
Seller's Agent
Heidi Eng
HEIDI H CHOW ENG
Buyer's Agent
Hermia Cheung
Richland Properties and Homes
List Price
$598,000
Sold Price
$662,000
Premium/Discount to List
$64,000
10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
0.0555%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2020
Sold by
Bought by

Purchase Details

Closed on
May 28, 2009
Sold by
Bought by
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
$662,000 Chicago Title
-- Attorney
-- None Available
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 $350,000
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
10/05/2022 10/05/22 Sold $662,000 +10.7% $292 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $598,000 -- $264 / 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 $9,703 $56,300 $16,350 $39,950
2024 $9,703 $56,300 $16,350 $39,950
2023 $9,459 $45,989 $13,200 $32,789
2022 $9,459 $45,989 $13,200 $32,789
2021 $8,578 $45,989 $13,200 $32,789
2020 $8,591 $38,565 $13,200 $25,365
2019 $1,347 $44,328 $13,200 $31,128
2018 $1,327 $44,328 $13,200 $31,128
2017 $1,421 $37,874 $10,500 $27,374
2016 $1,826 $37,874 $10,500 $27,374
2015 $1,755 $37,874 $10,500 $27,374
2014 $1,740 $36,488 $9,000 $27,488
2013 $1,746 $36,488 $9,000 $27,488
Source: Public Records

Agents Affiliated with this Home

  • Heidi Eng

    Seller's Agent in 2022

    Heidi Eng

    HEIDI H CHOW ENG

    (312) 804-2888

    6 in this area

    54 Total Sales

    Heidi Eng
    Section Image

  • H

    Buyer's Agent in 2022

    Hermia Cheung

    Richland Properties and Homes

    (312) 965-0071

    3 in this area

    30 Total Sales

    Hermia Cheung
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11491662

Midwest Real Estate Data (MRED)

APN: 17284270050000

Illinois Cook County Chicago 60616 Armour Square

2911 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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