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2904 S Wells Street
Chicago IL 60616 US

$1,080,000

Active Listing ID 12614240
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14 bed
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7.00 Bath (7 Full)
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Lot: 0.07 Acres
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Other

$1,080,000

Active Listing ID 12614240
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2904 S Wells Street Excellent investment opportunity in the desirable neighborhood! This well-maintained multi-unit property features a total of 7 residential units , offering multiple streams of rental income. The front building includes a 3 bed/1 bath unit on the first floor, a 2 bed/1 bath unit on the second floor, and a 1 bed/1 bath unit on the third floor, while the rear building consists of three 2 bed/1 bath units. Additional income is generated from the coach house unit and parking space. The property is in solid condition, with 6 units featuring central heating and cooling and 1 unit equipped with central heat and window AC. Current rents are below market and have not been increased in years, presenting a strong value-add opportunity for investors to enhance cash flow through future rent adjustments. The versatile unit mix appeals to a wide tenant base and helps minimize vacancy. Conveniently located near transportation, restaurants, and local amenities, this is an ideal asset for both seasoned investors and those seeking stable long-term income.

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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 7

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1080000
  • unparsedaddress: 2904 S Wells Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60616
  • bathroomsfull: 7
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.07
  • lotsizeunits: Acres
  • lotsizearea: 0.07
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.840946
  • longitude: -87.633224
  • listagentfullname: QianKun Chen
  • listagentemail: chen.qiankun@kalerealty.com
  • listagentkey: 3yd-MREDIL-882869
  • listagentmlsid: 882869
  • listagentpreferredphone: (312) 939-5253
  • listagentofficephone: 3129395253
  • listofficekey: 3yd-MREDIL-86995
  • listofficemlsid: 86995
  • disclaimer: 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.
  • sourcesystemid: MREDIL
  • yearbuilt: 1885
  • listingcontractdate: 2026-04-09
  • listagenturl: http://kalerealty.com
  • countyorparish: Cook
  • parcelnumber: 17284260190000
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 8, Bedroom 11, Bedroom 14, Bedroom 2, Bedroom 13, Bathroom 5, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 9, Bedroom 10, Bathroom 1, Bathroom 4, Bathroom 7, Bedroom 7, Bedroom 1, Bathroom 3, Bathroom 6, Bedroom 4, Bedroom 12
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.633224, 41.840946
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Kale Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chen.qiankun@kalerealty.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Lyle@kalerealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a2a01761336e11e8b7100242ac110005/20190701172450784.png", "ListBrokerageName":"Kale Realty", "ListBrokeragePhone":"(312) 939-5253", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2447 N Ashland", "ListBrokerageWebsiteUrl":"http://kalerealty.com", "ListOfficeAddress1":"3323 W. Diversey Ave. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"86995", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":"Lyle@kalerealty.com", "ListOfficePostalCode":"60647", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-04-09 14:12:04", "Neighborhoods":[{"Description":null, "Name":"CHI - Armour Square"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":17227, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/9/2026 2:17:18 PM GMT
Source Updated Date: 4/11/2026 6:55:26 PM GMT

Courtesy of: QianKun Chen, Kale Realty, chen.qiankun@kalerealty.com

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.