7-Unit Apartment
For Sale
$1,080,000
2904 S Wells Street, Chicago, IL 60616
The property includes front and rear buildings, a coach house, and a mix of one-, two-, and three-bedroom layouts.
Property SizeContact for details
Days on Market207
Property Features for 2904 S Wells Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
MULTI
Site & Location
Neighborhood
Armour Square
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA, 1 x 1BR/1BA, 3 x 2BR/1BA
Multifamily Units
7
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$17,226
Building Details
Year Built
1885
Stories
3
Units
7
Listing Agency:
Kale Realty
Listed By:
QianKun Chen · License #475171061
(312) 939-5253
Source:
Fishmangroup
Added: Apr 9
Changed: Oct 31
Last Checked: Oct 29 at 8:34PM
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 Kale Realty
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Investment Insights
Based on property information with market context.
Built in 1885, this multifamily property contains 7 residential units across front and rear buildings and a coach house. The front building has three apartments: one each with 3 bedrooms, 2 bedrooms, and 1 bedroom, all with 1 bathroom. The rear building contains three 2-bedroom, 1-bathroom apartments. The coach house adds another unit, and a parking space also generates income.
Six units have central heating and cooling; the remaining unit has central heat and window AC. The property is zoned MULTI and is near transportation, restaurants, and local amenities.
Six units have central heating and cooling; the remaining unit has central heat and window AC. The property is zoned MULTI and is near transportation, restaurants, and local amenities.
Key Highlights
- 7 residential units across front and rear buildings and a coach house
- Front building includes 3‑bedroom, 2‑bedroom, and 1‑bedroom apartments, each with 1 bathroom
- Rear building has three 2‑bedroom, 1‑bathroom apartments
Property Analytics
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,599
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The property includes front and rear buildings, a coach house, and a mix of one-, two-, and three-bedroom layouts.
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 and rear buildings and a coach house; Front building includes 3‑bedroom, 2‑bedroom, and 1‑bedroom apartments, each with 1 bathroom; Rear building has three 2‑bedroom, 1‑bathroom apartments
