Date
Details
Price
Change
Source
6/10/2026
Listed
$735,000
—
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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$735,000
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Property Description & Video
2918 S Wells Street, Chicago, ILVideo Tour of 2918 S Wells Street, Chicago, IL.
Exceptional investment opportunity in Chicago's sought-after Armour Square neighborhood. This solid brick 4-unit building features four residential units spread across two stories, offering a total of 8 bedrooms and 4 full bathrooms. With strong income-producing potential in an area known for consistent rental demand, this property is an excellent addition to any investment portfolio. Select units feature high ceilings and hardwood flooring, adding character and appeal for tenants. The location is a major advantage, placing residents within easy reach of some of Bridgeport's most popular destinations, including Maria's Packaged Goods & Community Bar, Bridgeport Coffeehouse, Antique Taco, and Bridgeport Art Center. Public transportation, nearby expressways, and close proximity to Chinatown and Rate Field provide added convenience and broad tenant appeal. Combining a desirable location, classic brick construction, and strong rental potential, this Armour Square multifamily property presents an outstanding opportunity for investors looking to grow their portfolio in one of Chicago's most established and accessible neighborhoods. Schedule your showing today.
Full Property Details
Full Property Details for 2918 S Wells St
General
- Price: $735,000
- Taxes: $9,010 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12671601
- Updated: 6/16/2026
- Added to Site: 12 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Ceiling Fan(s), Water Heater-Gas
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Armour Square
- County: Cook
- Township: South Chicago
- Driving Directions: 31st Street West, to Wells. North to property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Concrete, Storage Space, Full
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.25
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 125
- Fence: Yes
- Zoning: LNC
- Fencing (Description): Chain Link
Financial Considerations
- Assessment Year: 1888
- Tax Amount: $9,010
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17284260250000
Listed by HomeSmart Realty Group
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Listing agents
— 2918 S Wells St —
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NMLS#: 1598647
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Schools
Schools serving 2918 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 | 0.2 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2918 S Wells St
Tax History
Tax History for 2918 S Wells St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,010
—
$51,564
12%
2023
$9,010
3%
$46,021
—
2022
$8,762
-5%
$46,021
-7%
2021
$9,252
45%
$49,338
56%
2020
$6,376
-11%
$31,725
-19%
2019
$7,172
-2%
$39,126
-4%
2018
$7,338
17%
$40,585
25%
2017
$6,263
4%
$32,471
—
2016
$6,003
10%
$32,471
—
2015
$5,470
8%
$32,471
9%
2014
$5,057
-7%
$29,823
—
2013
$5,424
1%
$29,823
—
2012
$5,352
—
$29,823
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2918 S Wells St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 960Sq. Ft.
Listed by Sheila Gentile (708) 220-2174
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,228Sq. Ft.
Listed by Mary Wallace (708) 203-1412
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,143Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 1Total Bath
- 1,403Sq. Ft.
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2918 S Wells Street, Chicago, IL 60616 (MLS# 12671601) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 2918 S Wells Street is currently listed for $735,000 and was received on June 10, 2026. Want to learn more about 2918 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.