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Michael Schatz

[email protected] +1(312) 961-4450

$ 720,000

Est. payment -/mo

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Active

2958 S Lowe AVE Chicago, IL 60616

9 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12401226

Bedrooms 9

Year Built 1889

Annual Tax Amount $11,182

Tax Year 2023

Lot Dimensions 25 X 125

Property Sub-Type Two to Four Units

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

Location

State IL

County Cook

Area Chi - Bridgeport

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding,Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Hugo Sanchez • Realty of America, LLC

Michael Schatz

+1(312) 961-4450

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