2958 S Lowe Avenue
Chicago, IL, 60616
$720,000
9 Beds
4 Baths
0 SqFt
0 Acres
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$720,000
2958 S Lowe Avenue
Chicago, IL, 60616
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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 #:
MRD12447609
Status:
Active
Beds:
9
Baths:
4
Type:
Multi Family
Neighborhood:
CHI – Bridgeport
Listed Date:
Aug 15, 2025
Year Built:
1889
Chi – BridgeportChi – Bridgeport

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
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Sep 06, 2025
1,465
Multi Family Listed
82
Avg DOM
$494,896
Avg List Price

Community

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Property Summary

    2958 S Lowe Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60616. It is listed for $720,000 To schedule a showing of MLS#mrd12447609 at 2958 S Lowe Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2958 S Lowe Avenue
Chicago, IL