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$398,000

2631 Shields Ave

Chicago, IL
Active
8
Bedrooms
301
Days On Market

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.

Listing Information

Listing Updated
7 days ago
Listed By
Man Ching Ng · Mango Realty Group, 7738860660
MLS#
12541334
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
2631 S Shields Ave, Chicago, IL 60616
City
Chicago
County
Cook
Zip Code
60616

Architecture

Bedrooms
8
Construction Materials
Frame
Garage Spaces
0

Property Features

Sewer
Public Sewer

Tax & Financial Information

List Price
$398,000
Annual Taxes
$8,228

Schools

73/100
Haines Elementary School
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
529
Parent reviews
5.0★ avg · 2 reviews
Student body
83% Asian · 13% Black · 3% Hispanic / Latino
Free/reduced lunch
85%
Phone
(773) 534-9200
73/100
Healy Elementary School
Elementary · Grades KG–08 · 0.5 mi
City
Chicago
Students
1,410
Parent reviews
5.0★ avg · 2 reviews
Student body
69% Asian · 19% Hispanic / Latino · 7% White
Free/reduced lunch
82%
Phone
(773) 534-9190
72/100
National Teachers Elementary Academy
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
740
Parent reviews
5.0★ avg · 4 reviews
Student body
72% Black · 12% White · 7% Hispanic / Latino
Free/reduced lunch
66%
Phone
(773) 534-9970
71/100
Williams Multiplex Elementary School
Grades PK–05 · 0.3 mi
City
Chicago
Parent reviews
5.0★ avg · 2 reviews
Phone
(773) 534-9245
70/100
Young Womens Leadership Chartr High School
Grades M–M · 0.9 mi
City
Chicago
Students
158
Student–teacher
9.8
Student body
94% Black · 4% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
88%
Phone
(312) 949-9400
60/100
Perspectives Charter High School
Grades 06–12 · 0.9 mi
City
Chicago
Students
1,705
Student–teacher
16.7
Student body
94% Black · 4% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
91%
Phone
(312) 225-7400
55/100
Drake Elementary School
Elementary · Grades PK–08 · 0.3 mi
City
Chicago
Students
343
Student body
97% Black · 3% Hispanic / Latino · 0% White
Free/reduced lunch
92%
Phone
(773) 534-9129
52/100
Sheridan Elementary Math & Science Academy
Elementary · Grades KG–08 · 0.3 mi
City
Chicago
Students
529
Student body
55% Asian · 21% Hispanic / Latino · 12% Black
Free/reduced lunch
58%
Phone
(773) 534-9120

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
01/06/2026Listed for sale$398,000

Listed by Man Ching Ng · Mango Realty Group · 7738860660

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 26, 2026 at 3:23 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12541334

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