2958 S Lowe Ave

Chicago, IL 60616
  • $720,000

    Price
  • 9

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing 88555 - 897491

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

Listing Highlights for 2958 S Lowe Ave

Status Active
Days on Site 32
Property Type Multi-Family
MLS ® 12447609
Year Built 1889
Total Square Footage 0
Lot/Acreage 25 X 125
County Cook
School District 299

Interior Details

  • Bedrooms: 9
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Roof: Flat
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,On Site,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $11,182
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 17283200460000
  • Tax Year: 2023

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Listing Location

Questions About..

2958 S Lowe Ave Chicago, IL 60616

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Originating MLS: mred

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