3032 S. Wells Street, Chicago, Cook County, IL, 60616 Chicago IL US

Multi-unit investment property with 2 units + basement in prime Armour Square / Bridgeport location close to IIT, I-90/I-94, public transportation, Chinatown, restaurants, shopping, Sox Park and more! $46,200 annual rent potential and 6.5% cap rate! Unit 1 has 2 bedrooms, 1 bath, laminate flooring, updated kitchen, large living room with brick fireplace and laundry located in the basement. Unit 1 is currently owner occupied. Unit 2 has 3 bedrooms, 1 bath, laminate flooring, kitchen, living room, and private laundry. This unit is currently tenant occupied until 7/2023. Basement with front and back entrance, 2 rooms, and additional bathroom. Building also offers 2 car garage currently being used by the owner but can be leased out for additional income. Ideal rental investment opportunity due to proximity to IIT campus and high rental demand in area, or live in 1 unit and let tenants pay your mortgage! Find out more about this property. Request details here