SoldNov 22, 2022

Listed by Christina Corso from Baird & Warner

Source: Midwest Real Estate Data, LLC #11643942

3032 S Wells St, Chicago, IL, 60616

Amount undisclosed

4
2
2

MultiFam

30+ days on the market

Sold: Nov 22, 2022

What's around 3032 S Wells St

About this property

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!

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