NOT LISTED FOR SALE

2932 S Shields Ave Chicago, IL 60616

Armour Square Neighborhood
3 Beds
2 Baths
-- Sq Ft
1,307 Sq Ft Lot

Last Sold September 20, 2022

Last sale price $388,000

34 Days on Market

About This Home

As of September 2022

WOW!!!! Location, Location, Location!!! ***** TWO unit building in The heart of prime very desirable Armour Square and very close to Chinatown***** Perfect investment opportunity! Beautiful treelined street! The building features lots of natural sun, 1bed/1bath 1st floor unit, 2bed/1 bath 2nd floor unit and bonus extra attached additional room/studio possibility of making conforming unit for extra income. Conveniently located - walking distance to Chinatown, James Ward Elementary School, Santa Lucia School, Red Line, restaurants, Guaranteed Rate Field grocery stores, & more. Easy access to Downtown, IIT, lakefront, & I-90/94. Call now to schedule a private showing before it is GONE... Don't miss this opportunity!

Last Agent to Sell the Property

Maja Brajic

Chicago Hillcrest Realty Inc License #471018675 Listed on: 06/10/2022

Last Buyer's Agent

Heidi Eng

HEIDI H CHOW ENG License #471022901

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,752

Lot Details

  • Lot Dimensions are 31x54
  • Fenced Yard
  • Irregular Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units
  • 2 Flat

Building Details

  • Gross Income $24,000
  • Net Operating Income $19,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,752

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • 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: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished,Cellar
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Block
  • Lot Features: Fenced Yard, Irregular Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 31X54
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 19000
  • GrossIncome: 24000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4751.59
  • Tax Year: 2020
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $388,000 -3.0% --
07/15/2022 07/15/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $399,999 -- --
Source: Midwest Real Estate Data (MRED)

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 $5,486 $41,000 $9,183 $31,817
2024 $5,486 $41,000 $9,183 $31,817
2023 $4,644 $26,000 $7,414 $18,586
2022 $4,644 $26,000 $7,414 $18,586
2021 $4,559 $26,000 $7,414 $18,586
2020 $4,752 $24,432 $7,414 $17,018
2019 $4,953 $28,083 $7,414 $20,669
2018 $4,869 $28,083 $7,414 $20,669
2017 $4,746 $25,422 $5,897 $19,525
2016 $5,092 $25,422 $5,897 $19,525
2015 $4,659 $25,422 $5,897 $19,525
2014 $4,267 $25,564 $5,055 $20,509
2013 $4,171 $25,564 $5,055 $20,509
Source: Public Records

Agents Affiliated with this Home

  • Maja Brajic

    Seller's Agent in 2022

    Maja Brajic

    Chicago Hillcrest Realty Inc

    (773) 416-5920

    1 in this area

    23 Total Sales

    Maja Brajic
    Section Image
  • Heidi Eng

    Buyer's Agent in 2022

    Heidi Eng

    HEIDI H CHOW ENG

    (312) 804-2888

    6 in this area

    59 Total Sales

    Heidi Eng
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11431038

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60616 Armour Square

2932 S Shields Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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