3142 South Wells Street

Chicago, IL 60616

$360,000
Price
7
Beds
4
Baths
3
1/2 Baths
3,518 Sq. Ft.
$102 / Sq. Ft.
3,518
Sq. Ft.
$102
per Sq. Ft.

Description

Incredible opportunity for owner occupied buyer to design the home of your dreams! It's possible for ONE FIXED RATE LOAN to get you the house and the rehab for one low rate! Blocks to Guaranteed Rate Field. Envision the possibilities: Three unit property with open concepts and living spaces with large kitchens and laundry, a duplexed owner's unit. OR a SFH modern home with a primary retreat... Could a Coach House be possible?!?!? The neighbors did it! Gutted and ready for renovation, this property...Incredible opportunity for owner occupied buyer to design the home of your dreams! It's possible for ONE FIXED RATE LOAN to get you the house and the rehab for one low rate! Blocks to Guaranteed Rate Field. Envision the possibilities: Three unit property with open concepts and living spaces with large kitchens and laundry, a duplexed owner's unit. OR a SFH modern home with a primary retreat... Could a Coach House be possible?!?!? The neighbors did it! Gutted and ready for renovation, this property is perfect for first time buyer OR contractors/flippers with cash, hard money, or rehab/ 203K financing, offering a blank canvas in one of Chicago's most desirable locations.
  1. Listed by Alejandra Neri • RE/MAX LOYALTY

Property Details for 3142 South Wells Street

Area
CHI - Armour Square
Township
South Chicago
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas, Forced Air
LISTING UPDATED: 12/19/2024 12:07 AM

Property Details for 3142 South Wells Street

StatusActive
MLS #12180007
Days on Market59
Taxes$4,307 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1888
Lot Size0.07 AC / 3,049 SF
CountyCook County

Building Information for 3142 South Wells Street

Stories-Residences3Year Built1888Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 3142 South Wells Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Basement Type: Full, English
  • Bedrooms Possible: 7
  • Basement Description: Exterior Access
  • # Full Baths in Building: 4
  • # Half Baths in Building: 3
  • Num of Baths: 4.3
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding, Brick
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 3142
  • East Coordinate: 0
  • West Coordinate: 200
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Cash, Other
  • Public Document Count: 0
  • Photos Count: 15
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 0

Property History for 3142 South Wells Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3142 South Wells Street

Taxable ValueLand$13,750Additions$7,190Total$20,940
Tax Record2022$4,307 ($359 / month)
Home Facts
Baths2Total Finished SqFt1,344 SqFtAbove Grade Finished SqFt1,344 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1888CountyCOOKAPN17-33-202-041

Schools near 3142 South Wells Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Ward J Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

YCCS-Youth Connection Leadership
Charter9 to 12

Youth Connections Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3142 South Wells Street is a multi-family home for sale in Chicago, IL 60616. This property was listed for sale on October 24, 2024 by RE/MAX LOYALTY, it's currently listed at $360,000. It has been on the market for a total of 59 days and was last sold on August 11, 2021. This listing's school district is Chicago Public Schools. Nearby schools include Ward J Elementary School, Phillips Academy High School and YCCS-Youth Connection Leadership. 3142 South Wells Street is a 7-bed, 5.5-bath, 3,518 sqft multi-family home built in 1888.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX LOYALTY

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/19/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.