Active
Chicago, IL 60616
2631 S Shields Avenue
$398,000
Listed at $398,000
142 days on market
$8,229/yr taxes
01About this home
Exceptional investment opportunity in the heart of Armour Square! Fully rented 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.
02Inside the home
03By the numbers
$398,000
List price
—
Square feet
8
Bedrooms
4
Bathrooms
—
Year built
—
Lot size
2
Garage spaces
$8,229
Annual taxes
Two to Four Units
Style
142
Days on market
04Features
Heating
Natural Gas
Parking
Owned
Construction
Frame
Sewer
Public Sewer
05Neighborhood
- Carbon Mexican Grill 350 ft
- Ricobene's 500 ft
- Grand Palace 750 ft
- Furama Restaurant 0.3 mi
- Tai Ho Yee Food Company 0.3 mi
- Sze Chuan Cuisine 0.3 mi
- Fat Lee Supermarket 800 ft
- Silver State City Food Company 0.3 mi
- Best Choice Oriental Grocery 0.3 mi
- Happy Market 0.4 mi
- Park To Shop Supermarket 0.4 mi
- FreshMart 0.4 mi
- 26th Street Park 200 ft
- Sun Yat-Sen Park 0.2 mi
- Sintic Park 0.3 mi
- Daniel Hale Williams Park 0.4 mi
- Park No. 540 0.4 mi
- Healy School Park 0.5 mi
- Oriental Tea House 0.5 mi
- Tbaar 0.5 mi
- Molly Tea 0.5 mi
- Starbucks 0.5 mi
- Dunkin' 0.6 mi
- Uni Uni Bubble Tea 0.6 mi
POI data via Mapbox · OpenStreetMap contributors
06History
Every event we have for this address, straight from the MLS.
Jan 6, 2026
Listed for saleThis listing
$398,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello
Real answers about this home — pricing, schools, what to ask, anything.
Ask Dwello
08See it for yourself
Stand in the kitchen.
See the light at 4pm.
Photos can only do so much. Pick a time — we'll meet you at the door.
Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Explore the area
See every home for sale in Chicago, IL
Listed by Mango Realty Group · Man Ching Ng · 773-886-0660
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12541334
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12541334