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3-Unit Triplex
New
For Sale
$610,000

3032 S Wells Street, Chicago, IL 60616

Residents have access to public transportation, shopping, restaurants, and I-90/I-94.

Property SizeContact for details
Days on Market7

Property Features for 3032 S Wells Street

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood Armour Square
Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $7,385

Building Details

Year Built 1890
Buildings 1
Listing Agency: Carter Realty Group
Listed By: David Hulbert · License #475150587
Source: Kalelrealty
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 31 at 3:01PM

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 Carter Realty Group

Rey
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Investment Insights

Based on property information with market context.

This Chicago triplex contains three residential units and dates to 1890. The building is positioned within reach of Chinatown and Guaranteed Rate Field, with access to I-90/I-94 and public transportation. Shopping, restaurants, and other neighborhood amenities are also nearby.

Key Highlights

  • Three residential units
  • Built in 1890
  • A few blocks from Chinatown and Guaranteed Rate Field

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Residents have access to public transportation, shopping, restaurants, and I-90/I-94.
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 residential units; Built in 1890; A few blocks from Chinatown and Guaranteed Rate Field
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