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  • $638,000

    2818 S Lowe Ave, Chicago, IL 60616

    8beds
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $823,600 Zestimate®
    $--/sqft
    $1,604 Estimated rent

    Home value

    $823,600

    $692,000 - $988,000

    $1,604/mo

    Zestimate® history
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    $4,309/mo

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    $4,309/mo

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    What's special

    Discover this investment-ready, all-brick 4-unit building in the heart of Bridgeport. The basement was redone 10 years ago and boasts original hardwood floors, soaring ceilings, large windows, and separate utilities- ideal for maximizing rental income. A full, dry basement provides laundry hookups and abundant storage located in the detached brick carriage house offers additional income potential or private garage space. Solid masonry construction and 10-year-old exterior tuckpointing ensure low maintenance and long-term durability. Situated on a treelined block just steps from McGuane Park-with its baseball diamonds, playgrounds, and community center-residents enjoy year-round recreation. Art enthusiasts will appreciate proximity to the Bridgeport Art Center and nearby galleries along the Halsted corridor. Daily conveniences are within easy reach: grab your morning coffee at Gio's, Bridgeport Coffee House, shop at Mariano's, or dine at local favorites like Honky Tonk BBQ and SmallBar. Commuters benefit from seamless access to public transit via the #35 bus on 35th Street (connecting to the CTA Red Line at Cermak-McCormick Place), plus quick drives to I90/94. Explore nearby Chinatown's culinary scene, catch a game at Guaranteed Rate Field, or head downtown in under 15 minutes. With solid cash flow and value-add potential, 2818 S. Lowe is a must-see for any Chicago rental portfolio. All units are month-to-month. Highest and best due by Monday at 5pm.

    Zillow last checked: 8 hours ago

    Listing updated: May 08, 2025 at 09:43am

    Listing courtesy of:

    Ross Cannatello 312-751-0300,

    Jameson Sotheby's Intl Realty

    Bought with:

    Non Member

    NON MEMBER

    Source: MRED as distributed by MLS GRID,MLS#: 12329968MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Features
    • Windows: Screens
    • Basement: Unfinished,Concrete,Full

    Property

    Features
    • Patio & porch: Deck, Patio, Screened
    Lot
    • Size: 3,125 sqft
    • Dimensions: 25X125
    Details
    • Parcel number: 17283110320000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/7/2025Sold$638,000+6.4%
    Source: MRED as distributed by MLS GRID #12329968
    4/15/2025Contingent$599,900
    Source: MRED as distributed by MLS GRID #12329968
    4/8/2025Listed for sale$599,900
    Source: MRED as distributed by MLS GRID #12329968

    Public tax history

    YearProperty taxesTax assessment
    2023$12,382 +2.8%$62,000
    2022$12,049 +2.1%$62,000
    2021$11,798 +21.4%$62,000 +32.7%

    Find assessor info on the county website

    Neighborhood: Bridgeport

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $823,600
    2% more+ $16,472
    With Zillow Showcase(estimated)
    $840,072