2958 S Lowe Avenue, Chicago, IL 60616
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2958 S Lowe Avenue,Chicago, IL 60616
$720,000
- 9 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:hugo sanchez
Office:realty of america, llc.
MLS#:12447609
Source:MLSNI
Price summary
- Price:$720,000
About this home
Solid, income-producing multi-unit real estate seldom combines convenience, tenant appeal, and location as well as this corner-lot property at 2958 S Lowe Ave in Chicago. The building comprises four spacious apartments-two on the first floor (each 2 bedrooms, 1 bath) and two on the second floor (one 2-bedroom, 1 bath and one 3-bedroom, 1 bath)-each flowing naturally with hardwood flooring through most rooms and tile in high-traffic areas. Tenants enjoy independent comfort controls thanks to individual furnaces, air conditioning units, and water boilers, as well as in-unit laundry that boost convenience and marketability. An unfinished basement houses the mechanical equipment, while a rare two-car garage on the premises adds significant appeal in this neighborhood. The location could not be more transit-friendly: easy access to I-55 and I-90, minutes from Rate Field, and close to both the Metra Rock Island Line (35th St-Lou Jones station) and CTA Orange and Red Lines ensure tenants can commute or explore downtown and surrounding amenities with ease. Separate utilities streamline management and minimize cost-sharing hassles, and the spacious floor plans help attract quality occupants. Although there are four physical dwelling units, prospective buyers should verify. Don't miss the chance to add a well-maintained, tenant-ready multi-family property with private systems, in-unit laundry, and a two-car garage in a desirable Chicago location to your portfolio-schedule your showing today to discover its full potential
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Home facts
- Year built:1889
- Listing Id #:12447609
- Added:423 day(s) ago
- Updated:August 16, 2025 at 10:43 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1889
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$720,000
- Tax amount:$11,182 (2023)
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