Updated Two-Unit
For Sale
$535,000
Pending
2818 S Wells Street, Chicago, IL 60616
Legal two-unit property with separate utility meters, in-unit laundry, and private outdoor space.
Property SizeContact for details
Days on Market116
Property Features for 2818 S Wells Street
General Information
Standard status
Pending
Property subtype
Multi-Family
Building Details
Year Built
1881
Listing Agency:
Century 21 S.G.R., Inc.
(312) 730-8319
Listed By:
Qizhong Guan
Source:
Chicago-home-listings.kw
Added: May 7
Changed: Aug 29
Last Checked: Aug 29 at 11:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 S.G.R., Inc.
Investment Insights
Based on property information with market context.
This legal duplex contains two residential units arranged across the first and second floors. The first-floor residence includes 3 bedrooms, a remodeled bathroom, an updated kitchen with stainless steel appliances, and a dining area. The second unit offers 3 bedrooms, an oversized living room, a granite-counter kitchen, and a private deck. Both units feature central heat and air, in-unit laundry, updated flooring, newer hot water tanks, and separate utility meters.
Additional improvements include newer porches, fully fenced front and back yards, and 4-car tandem parking. Built in 1881, the property is near White Sox Stadium and Armour Square Park, with grocery stores, public transit, Buses 24/29, I-90/94, Chinatown, and the Loop nearby. The property is being sold as-is.
Additional improvements include newer porches, fully fenced front and back yards, and 4-car tandem parking. Built in 1881, the property is near White Sox Stadium and Armour Square Park, with grocery stores, public transit, Buses 24/29, I-90/94, Chinatown, and the Loop nearby. The property is being sold as-is.
Key Highlights
- Legal 2‑unit duplex with 3 bedrooms in each residence
- First‑floor unit remodeled 3 years ago with stainless steel appliances
- Second‑floor unit includes a private deck off the kitchen
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,916
Businesses Nearby
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Legal two-unit property with separate utility meters, in-unit laundry, and private outdoor space.
Where is this duplex located?
The property is located at 2818 S Wells Street Chicago, IL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Legal 2‑unit duplex with 3 bedrooms in each residence; First‑floor unit remodeled 3 years ago with stainless steel appliances; Second‑floor unit includes a private deck off the kitchen
