Closed
$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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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#: 12329968
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
| Date | Event | Price |
|---|---|---|
| 5/7/2025 | Sold | $638,000+6.4% |
Source: | ||
| 4/15/2025 | Contingent | $599,900 |
Source: | ||
| 4/8/2025 | Listed for sale | $599,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 9/10Healy Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Tilden Career Communty Academy High SchoolGrades: 9-12Distance: 2.5 mi
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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$823,600
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$840,072