2716 S Wells Street, Chicago, IL 60616 - Photo 1

1/1

$693,000

Sold
Closed
Multi-Family
6 Total Beds

1/1

Property Description

Great Investment Opportunity! All brick building in the heart of Chicago....close to schools, shopping, dining and everything that is Chicago...3 units of income for the right buyer...short 2 mile bike ride to the lakefront....property being sold AS IS.....

Full Property Details

Full Property Details for 2716 S Wells St

General

Sold For: $693,000
Taxes: $10,556 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12387547
Added to Site: 220 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 5

Bedrooms

Total Bedrooms: 6

Additional Information

Equipment: Carbon Monoxide Detectors, Sump Pump, Multiple Water Heaters, Water Heater-Gas
Other Features: Commuter Train, Interstate Access

Location

Area: CHI - Armour Square
County: Cook
Driving Directions: west 31 st to wells st north on wells to address

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas, Forced Air

Utilities

Water: Lake Michigan

Structural Information

Construction: Brick, Stone
Exterior Const.: Brick, Stone
Basement Desc.: None
Year Built: 1973
Built Before 1978: Yes

Unit Information

Units in Building: 3

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 25 x 125

Financial Considerations

Assessment Year: 1973
Tax Amount: $10,556
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 17284130250000

Listed by Home Sellers Realty Inc.
Sold by Landmark & Property Group, Inc

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Schools

Schools serving 2716 S Wells St

School District:Chicago Public School District 299

Name	Grades	Distance
Ward J Elementary School 2701 South Shields Avenue, Chicago, IL 60616	K-8	0.1 mi
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653	12-11	1.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2716 S Wells St

Date

Details

Price

Change

Source

8/11/2025

Sold

$693,000

0.73%

MLS

6/30/2025

Price Increased

$688,000

2.99%

MLS

6/10/2025

Listed

$668,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2716 S Wells Street, Chicago, IL 60616 (MLS# 12387547) is a Multi-Family property that was sold at $693,000 on August 11, 2025. Want to learn more about 2716 S Wells Street? Do you have questions about finding other Multi-Family real estate for sale in Armour Square? You can browse all Armour Square real estate or contact a Coldwell Banker agent to request more information.

2716 S Wells St Chicago, IL 60616