$390,000
$429,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
2850 S Lowe AVE Chicago, IL 60616
7 Beds
4 Baths
3,049 Sqft Lot
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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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Wenjian Zhao • EXIT Strategy Realty
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