3142 South Wells, Chicago IL 60616
$340,000

Property Description

Searching for the perfect location for your next home or investment project? This property, zoned RT-4, offers a fantastic opportunity to build a single-family home or even a multi-unit building. Currently, it features a frame two-unit building with a full basement and a brick two-car garage. The property requires a full renovation or teardown to make way for new construction. An owner-occupant may also have the potential to add a coach house, neighbors on both sides have a coach house; it's in an ADU area. Don't miss out on this prime development opportunity, SFH comps million plus.

Features & Information

Key Details

  • List Price $340,000
  • Property Taxes $5,935.19
  • Acreage 0.07
  • Lot Dimensions 25X125
  • Status New

Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

Location

  • General Information None
  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property 31st Street - Wells South To Property
  • Property Taxes

  • Tax $5,935.19
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 17332030190000

Listed by Alejandra Neri for RE/MAX LOYALTY | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 2/23/2025 8:32 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.

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