Search
Brick Triplex with Garage
New
For Sale
$610,000

3032 S Wells Street, Chicago, IL 60616

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market4

Property Features for 3032 S Wells Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 6, Bathroom 1, Basement, Bedroom 5, Bedroom 2, Bedroom 4
Parking 2
Parking features Garage
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions 31st Street and North to Wells
Subdivision CHI - Armour Square
Standard status Active
APN 17284350260000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7385

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Building Details

Year built 1890
Building materials Brick
Listing Agency: Carter Realty Group
Listed By: David Hulbert · License #475150587
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 15 at 12:06AM
MLS# 12783227

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 three-unit residential property is built of brick and dates to 1890. The building includes a basement and is heated by a forced-air system using natural gas. A garage provides on-site parking, and public sewer serves the property.

Located in Chicago, the property is a short distance from Chinatown and Guaranteed Rate Field. I-90/I-94, public transportation, shopping, restaurants, and neighborhood services are also identified in the surrounding area.

The three-unit configuration may suit an owner seeking a residence with additional units or an investor pursuing residential rental income.

Key Highlights

  • Three‑unit residential building constructed in 1890
  • Brick construction with basement
  • Garage parking

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Carpet & Flooring Store Wine and Liquor Store (Bike/Boat/Book/etc) Store Tech Support Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,675
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer rental use alongside a garage and forced-air, natural gas heating.
Where is this triplex located?
The property is located at 3032 S Wells Street Chicago, IL.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Three‑unit residential building constructed in 1890; Brick construction with basement; Garage parking
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again