Chicago, IL 60616,2850 S Lowe AVE
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Chicago, IL 60616,2850 S Lowe AVE
Chicago, IL 60616,2850 S Lowe AVE
Chicago, IL 60616,2850 S Lowe AVE
Chicago, IL 60616,2850 S Lowe AVE

$390,000

Est. payment /mo

$429,000

9.1%
Est.Price: ?

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2850 S Lowe AVE Chicago, IL 60616

7 Beds

4 Baths

3,049 Sqft Lot

SOLD DATE : 03/28/2022

Key Details

Sold Price $390,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11300938

Sold Date 03/28/22

Bedrooms 7

Year Built 1890

Annual Tax Amount $6,746

Tax Year 2020

Lot Size 3,049 Sqft

Lot Dimensions 24 X 124

Property Sub-Type Two to Four Units

Property Description

Prime Bridgeport block, legal two-flat with 4 separate units, each of the four separately metered, two in front and two in rear. A mix of one and two-bedroom units, some with separate dining areas. 2nd floor units are currently rented for a total of $1810/month. Two units on main level are vacant. Newer flooring (2y/o) in one 2nd floor units. Fully rented, this building has grossed $48,000/year. Full unfinished basement with storage for each unit and laundry hookups. Two-car detached garage currently brings in additional rental income. Ready for an owner-occupant or investor! Two units are non-conforming. Gas forced air heating throughout, and central AC in first floor units. A+ location, multiple bus lines crisscross this area. Short walking distance to CTA Orange Lines, grocery store, shops, stores, and city park Top elementary schools Healy and Mark Sheridan are just steps away. Easy access to Chinatown, Edens and Stevenson Express.

Location

State IL

County Cook

Area Chi - Bridgeport

Zoning MULTI

Rooms

Basement Full, Walkout

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Deck

Parking Features Detached

Garage Spaces 2.0

Roof Type Asphalt

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
Listed by Ashley Kaehn • Compass
Bought with Wenjian Zhao • EXIT Strategy Realty
agent

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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