7-Unit Apartment
For Sale
$1,080,000
2904 S Wells Street, Chicago, IL 60616
MULTI_FAMILY - Chicago, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market124
Property Features for 2904 S Wells Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
14
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 6, Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 13, Bathroom 1, Bedroom 8, Bedroom 6, Bedroom 1, Bathroom 5, Bedroom 11, Bathroom 3, Bedroom 12, Bedroom 7, Bedroom 9, Bedroom 3, Bedroom 10, Bedroom 14, Bathroom 7, Bedroom 5
Directions
31st to Wells, north to address
Subdivision
CHI - Armour Square
Standard status
Active
APN
17284260190000
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
17227
Building Details
Year built
1885
Floors in Building
3
Number of units
7
Listing Agency:
Kale Realty
(312) 939-5253
Listed By:
QianKun Chen · License #475171061
(312) 939-5253
Added: Apr 9
Changed: Aug 3
Last Checked: Aug 10 at 3:06AM
MLS# 12614240
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7-unit apartment building in solid condition includes both a front building and a rear building, with additional space in a coach house and parking space. The front building offers a 3 bed/1 bath unit on the first floor, a 2 bed/1 bath unit on the second floor, and a 1 bed/1 bath unit on the third floor. The rear building consists of three 2 bed/1 bath units.
Additional income is generated from the coach house unit and the parking space. The property was built in 1885 and sits on a 0.07-acre lot.
Heating and cooling are provided by central systems in 6 of the units, while 1 unit is equipped with central heat and window AC. The unit mix is designed to appeal to a range of tenants, and the property has been maintained as a multi-unit rental asset at 2904 S Wells Street in Chicago, IL 60616.
Additional income is generated from the coach house unit and the parking space. The property was built in 1885 and sits on a 0.07-acre lot.
Heating and cooling are provided by central systems in 6 of the units, while 1 unit is equipped with central heat and window AC. The unit mix is designed to appeal to a range of tenants, and the property has been maintained as a multi-unit rental asset at 2904 S Wells Street in Chicago, IL 60616.
Key Highlights
- 7 residential units across front building, rear building, and coach house unit
- Front building unit mix: 3 bed/1 bath, 2 bed/1 bath, and 1 bed/1 bath
- Rear building includes three 2 bed/1 bath units
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,599
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?
Apartment building - Well-maintained 7-unit apartment property with front and rear buildings plus a coach house and parking space.
Where is this apartment building located?
The property is located at 2904 S Wells Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: 7 residential units across front building, rear building, and coach house unit; Front building unit mix: 3 bed/1 bath, 2 bed/1 bath, and 1 bed/1 bath; Rear building includes three 2 bed/1 bath units
