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.
Details
MLS #
12541334
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
308
Listing Provided By
Mango Realty Group | Man Ching Ng
Features
Bed(s)
8
Bath(s)
4
Basement
Y
Interior
Rooms Total
16
Heating
Gas
Exterior
Construction Materials
Frame
Parking
Parking Features
Yes, Owned
Utilities
Sewer
Public Sewer
Taxes
Tax Year
2023
Tax Annual Amount
8228.64
Area Information
State
IL
County
Cook
City
Chicago
Zip Code
60616
Area
CHI Armour Square
Listing VS Median (in 60616)
Price: $398,000
low | high
Med: $290,000
77.13567839196% of Average
On site: 308
low | high
Med: 125
100% of Average
Sourced by Back At You
Market Activity 60616
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Oct 2026
Sales: 1
Avg $ Per SqFt: $387.56
Min Sale Price: $324,000
Max Sale Price: $324,000
Med Sale Price: $324,000
Date: Sep 2026
Sales: 16
Avg $ Per SqFt: $329.93
Min Sale Price: $33,500
Max Sale Price: $912,500
Med Sale Price: $386,750
Date: Aug 2026
Sales: 24
Avg $ Per SqFt: $317.6
Min Sale Price: $99,000
Max Sale Price: $843,600
Med Sale Price: $362,500
Date: Jul 2026
Sales: 29
Avg $ Per SqFt: $297.51
Min Sale Price: $117,500
Max Sale Price: $1,388,000
Med Sale Price: $380,000
Date: Jun 2026
Sales: 31
Avg $ Per SqFt: $336.79
Min Sale Price: $111,000
Max Sale Price: $1,468,000
Med Sale Price: $400,000
Date: May 2026
Sales: 39
Avg $ Per SqFt: $296.86
Min Sale Price: $125,000
Max Sale Price: $975,000
Med Sale Price: $360,000
Date: Apr 2026
Sales: 46
Avg $ Per SqFt: $297.49
Min Sale Price: $110,000
Max Sale Price: $1,283,000
Med Sale Price: $374,000
Date: Mar 2026
Sales: 47
Avg $ Per SqFt: $319.19
Min Sale Price: $133,000
Max Sale Price: $1,380,000
Med Sale Price: $390,000
Date: Feb 2026
Sales: 41
Avg $ Per SqFt: $282.17
Min Sale Price: $90,000
Max Sale Price: $966,000
Med Sale Price: $395,000
Date: Jan 2026
Sales: 34
Avg $ Per SqFt: $304.11
Min Sale Price: $100,000
Max Sale Price: $1,455,000
Med Sale Price: $373,000
Date: Dec 2025
Sales: 17
Avg $ Per SqFt: $270.2
Min Sale Price: $101,000
Max Sale Price: $580,000
Med Sale Price: $368,000
Date: Nov 2025
Sales: 23
Avg $ Per SqFt: $279.66
Min Sale Price: $90,000
Max Sale Price: $1,700,000
Med Sale Price: $375,000
Sourced by Back At You
Oct 2026
Sales:
1
Avg $ Per SqFt:
$387.56
Min Sale Price:
$324,000
Max Sale Price:
$324,000
Med Sale Price:
$324,000
Sep 2026
Sales:
16
Avg $ Per SqFt:
$329.93
Min Sale Price:
$33,500
Max Sale Price:
$912,500
Med Sale Price:
$386,750
Aug 2026
Sales:
24
Avg $ Per SqFt:
$317.6
Min Sale Price:
$99,000
Max Sale Price:
$843,600
Med Sale Price:
$362,500
Jul 2026
Sales:
29
Avg $ Per SqFt:
$297.51
Min Sale Price:
$117,500
Max Sale Price:
$1,388,000
Med Sale Price:
$380,000
Jun 2026
Sales:
31
Avg $ Per SqFt:
$336.79
Min Sale Price:
$111,000
Max Sale Price:
$1,468,000
Med Sale Price:
$400,000
May 2026
Sales:
39
Avg $ Per SqFt:
$296.86
Min Sale Price:
$125,000
Max Sale Price:
$975,000
Med Sale Price:
$360,000
Apr 2026
Sales:
46
Avg $ Per SqFt:
$297.49
Min Sale Price:
$110,000
Max Sale Price:
$1,283,000
Med Sale Price:
$374,000
Mar 2026
Sales:
47
Avg $ Per SqFt:
$319.19
Min Sale Price:
$133,000
Max Sale Price:
$1,380,000
Med Sale Price:
$390,000
Feb 2026
Sales:
41
Avg $ Per SqFt:
$282.17
Min Sale Price:
$90,000
Max Sale Price:
$966,000
Med Sale Price:
$395,000
Jan 2026
Sales:
34
Avg $ Per SqFt:
$304.11
Min Sale Price:
$100,000
Max Sale Price:
$1,455,000
Med Sale Price:
$373,000
Dec 2025
Sales:
17
Avg $ Per SqFt:
$270.2
Min Sale Price:
$101,000
Max Sale Price:
$580,000
Med Sale Price:
$368,000
Nov 2025
Sales:
23
Avg $ Per SqFt:
$279.66
Min Sale Price:
$90,000
Max Sale Price:
$1,700,000
Med Sale Price:
$375,000
MLS Number: 12541334
Man Ching Ng – (773) 886-0660 – michael@mangorg.com
Mango Realty Group – (773) 886-0660 – michael@mangorg.com
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12541334
Man Ching Ng – (773) 886-0660 – michael@mangorg.com
Mango Realty Group – (773) 886-0660 – michael@mangorg.com
