3465 S. Lituanica Ave Chicago, IL 60608     Phone: 773.847.4669     
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3123 S. Wells


Two to Four Units MLS #:09523960 List Price:$849,000
Status:ACTV List Date:03/07/2017 Orig List Price:$898,000
Area:8034 List Dt Rec:03/07/2017 Sold Price: 
Address: 3123 S Wells St , Chicago, Illinois 60616 Contingency Flag:
Directions:31st Street to Wells Turn South to Address
Sold by:
Closed: Contract: List. Mkt Time:36
Off Mkt: Financing: Concessions:
Year Built:2007 Blt Before 78:No Contingency:
Dimensions:25X125 County:Cook
Ownership:Condo Subdivision: Model:
Corp Limits:Chicago Township:South Chicago Parking:Garage
Coordinates: S:3123 W:225   # Spaces: Gar:2
Acreage: Total Units:3 Parking Incl. In Price:
Total Rooms:17 Total Baths (Full/Half):7/0 3 BR Unit:Yes
Total Bedrooms:10 Basement:Full, Walkout Zoning:Multi-Family
Waterfront:No
Utility Costs:
Remarks:   3 unit Armour Square condo building built in 2007 with individual PIN #'s sold as a package. Units consist of one Duplex 5 bedroom 3 bath, one 3 bedroom 2 bath, and one 2 bedroom 2 bath penthouse. All units have hardwood flooring in all rooms, stainless steel appliances and in-unit laundry access. Ideal for related living situation or investor looking to rent out and eventually sell each parcel individually. Property is conveniently located to downtown, all highways, public transportation, IIT, Lakefront, etc. Property is in excellent condition and each unit is in move in condition.
School Data
Elementary: (299)  
Junior High: (299)  
High School: (299)  
Other:  
Taxes/Assessments
PIN:17332030581001
Mult PINs: (See Agent Remarks)
Tax Amount:$14,444.99
Tax Year:2015
Exemptions:Homeowner
Special Assessments:No
Special Service Area:No
Financial Info
Total Rental Income: 
Net Operating Income: 
Gross Income: 
Gross Expenses: 
Other Income:
Floor Level Sq Ft. Rooms Bedrooms Bathrooms Master Bath Sec Deposit Rent Lease Exp
Unit #1 1 9 5 3/0 Full 0 0 N/A
Unit #2 2 6 3 2/0 Full 0 0 N/A
Unit #3 3 0 5 2 2/0 Full 0 0 N/A
Unit #4 /
Age:6-10 Years
Type-Multi Unit:3 Story Unit/s
Style:
Const Opts:
General Info:None
Amenities:
Ext. Bldg. Type:Brick
Lot Size:Less Than .25 Acre
Lot Desc:
Roof:Rubber
Foundation:
Exst Bas/Fnd:
Ext Prop Feats:
Garage Ownership:Owned
Garage On Site:Yes
Garage Type:Detached
Garage Details:
Parking Ownership:
Parking On Site:
Parking Details:
Appliances/Features (1):Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Appliances/Features (2):Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Appliances/Features (3):Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Appliances/Features (4):
Bath Amn:
Basement Details:Finished, Exterior Access
Additional Rooms:
Tenant Pays (1):Electric, Gas
Tenant Pays (2):Electric, Gas
Tenant Pays (3):Electric, Gas
Tenant Pays (4):
Water:Lake Michigan
Sewer:Sewer-Public
Heating:Gas
Equipment:CO Detectors, Sump Pump
HERS Index Score:
Green Disc:
Green Rating Srce:
Green Feats:
Possession:Closing
Sale Terms:
Agent Remarks:   Family owned property which consists of 3 individually owned condo's. Must be sold as a package, this will be 3 individual sales at closing. Pro-Forma rents are conservatively estimated at $2400 for the unit 1 duplex, $1850 for unit 2, and $1,750 for unit 3. Ideal for related living situation with investment exist strategy to sell off individually.   Multiple Parcels - Tax amount includes: 17332030581001/$5,048.96, 17332030581002/$4,921.36, 17332030581003/$4,474.67