2958 South Lowe, Chicago IL 60616
$720,000

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Property Description

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

Features & Information

Key Details

  • List Price $720,000
  • Property Taxes $11,182.28
  • Price/ Sq. Ft. Unavailable
  • Year Built 1889
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 14
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2
  • # of Garage Spaces:  Garage Door Opener(s)

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Vinyl Siding,Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Hardwood Floors
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Hardwood Floors
  • Unit 3 Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Hardwood Floors
  • Unit 4 Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Hardwood Floors

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property Merge Onto S Wentworth Ave, Right Turn Onto W 31st Ave, Turn Right Onto S Lowe Ave
  • Schools

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

  • Tax 11182.28
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 17283200460000

Utilities

  • Sewer Sewer-Publ

Listed by Hugo Sanchez for Realty of America, LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/29/2025 12:02 PM. 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.

Explore Bridgeport

Age-old beauty and a rich history give Bridgeport an edge over many Chicago neighborhoods. Built on the backs of Irish, German, and Norwegian immigrants, Bridgeport is a stronghold of elegant working-class culture. Welcoming an even more diverse mix of residents today, the shopping, dining and culture here overflow with options for amazing international cuisine, independent boutiques and global festivals. And who could forget, Bridgeport is where the 2005 World Champion Chicago White Sox play their home games. (So don't expect to see many Cubs fans around these parts!) Any time the Sox hit a home run, fireworks shoot out from the stadium as the roar of the crowd serenades the colorful display.


Read More About Bridgeport...

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