Prime Armour Square - Fully Rented Legal 4-Flat. Exceptional investment opportunity in the heart of Armour Square! Fully rented legal 4-unit building located just steps from Chinatown and one block from James Ward Elementary School. All units are separately metered with tenants paying their own utilities. Fenced backyard offers two parking spaces. Outstanding location with easy access to major expressways and public transportation. Current rents are below market-plenty of upside potential. Always easy to rent. Ideal for investors seeking stable income and long-term appreciation.
Active
$448,800
2631 S Shields Ave, Chicago, IL 60616
8beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 37 days
- on Zillow |
- 773 |
- 44 |
Zillow last checked: 7 hours ago
Listing updated: May 26, 2025 at 10:07pm
Listing courtesy of:
ManChing Ng 773-886-0660,
Mango Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12371730

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Owned
Lot
- Size: 2,400 Square Feet
- Dimensions: 24X100
Details
- Parcel number: 17284010190000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $390,000
- Annual tax amount: $8,228
- Date on market: 5/21/2025
- Ownership: Fee Simple
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