$409,900
8809 S Lowe Avenue
Chicago, IL, 60620
Bring your buyers to this newly rehabbed two unit in the heart of Auburn Gresham! This two-flat is a must-see for those seeking an incredible investment for passive income and/or to live in! The first unit features 2 beds and 1 bath with living room, dining room and full kitchen; Hardwood floors throughout, stainless steel appliances, quartz countertops, 42 inch shaker cabinets. The second unit is a duplex up, featuring additional living space, including additional bedroom and bath. This property is conveniently located and is a prime spot with easy access to schools, parks, and public transportation; minutes from the I90 expressway, CTA and blocks from the Metra stop at 87th & Vincennes. This investment opportunity offers numerous advantages, including a strong rental market in the Auburn Gresham neighborhood. Whether you choose to rent both units or live in one while generating passive income from the other, this property promises to be a lucrative investment.
Property Details
Price:
$409,900
MLS #:
MRD12265065
Status:
Active Under Contract
Beds:
5
Baths:
3
Address:
8809 S Lowe Avenue
Type:
Multi Family
Neighborhood:
CHI – Auburn Gresham
City:
Chicago
Listed Date:
Jan 6, 2025
State:
IL
ZIP:
60620
Year Built:
1885
Schools
School District:
299
Interior
Heating
Forced Air
Exterior
Parking Features
Off Alley, On Site, Owned
Parking Spots
3
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$846
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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8809 S Lowe Avenue
Chicago, IL
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