3032 S Wells St., Chicago, IL 60616

3032 S Wells St., Chicago, IL 60616
Photo 1 of 1
$450,000
Sold on 11/22/22
Beds Baths Sq. Ft. Taxes Built
4 0.00 0 $5,401.02 1890
On the market: 50 days
View full details, 15 photos, school info, and price history
Multi-unit investment property with 2 units in prime Armour Square / Bridgeport location close to IIT, I-90/I-94, public transportation, Chinatown, restaurants, shopping, Sox Park and more! $46,200 annual rent potential and 6.5% cap rate! Unit 1 is currently owner occupied. Unit 2 is currently tenant occupied with a MTM lease. Building also offers newer 2 car garage currently being used by the owner but can be leased out for additional income. Ideal rental investment opportunity due to proximity to IIT campus and high rental demand in area, or live in 1 unit and let tenants pay your mortgage!
Listing courtesy of Christina Corso, Baird & Warner