$720,000
2958 S Lowe Avenue
Chicago, IL, 60616
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
Property Details
Price:
$720,000
MLS #:
MRD12401226
Status:
Active
Beds:
9
Baths:
4
Address:
2958 S Lowe Avenue
Type:
Multi Family
Neighborhood:
CHI – Bridgeport
City:
Chicago
Listed Date:
Jun 23, 2025
State:
IL
ZIP:
60616
Year Built:
1889
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Flat
Financial
Tax Year
2023
Taxes
$11,182
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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2958 S Lowe Avenue
Chicago, IL
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