Solid, income-producing multi-unit real estate seldom combines convenience, tenant appeal, and location as well as this corner-lot property at 2958 S Lowe Ave in Chicago. The building comprises four spacious apartments-two on the first floor (each 2 bedrooms, 1 bath) and two on the second floor (one 2-bedroom, 1 bath and one 3-bedroom, 1 bath)-each flowing naturally with hardwood flooring through most rooms and tile in high-traffic areas. Tenants enjoy independent comfort controls thanks to individual furnaces, air conditioning units, and water boilers, as well as in-unit laundry that boost convenience and marketability. An unfinished basement houses the mechanical equipment, while a rare two-car garage on the premises adds significant appeal in this neighborhood. The location could not be more transit-friendly: easy access to I-55 and I-90, minutes from Rate Field, and close to both the Metra Rock Island Line (35th St-Lou Jones station) and CTA Orange and Red Lines ensure tenants can commute or explore downtown and surrounding amenities with ease. Separate utilities streamline management and minimize cost-sharing hassles, and the spacious floor plans help attract quality occupants. Although there are four physical dwelling units, prospective buyers should verify. Don't miss the chance to add a well-maintained, tenant-ready multi-family property with private systems, in-unit laundry, and a two-car garage in a desirable Chicago location to your portfolio-schedule your showing today to discover its full potential
Active
$720,000
2958 S Lowe Ave, Chicago, IL 60616
9beds
--sqft
Est.:
Multi Family
Built in 1889
-- sqft lot
$701,000 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious apartmentsWater boilersIn-unit laundryCorner-lot propertyIndividual furnacesSpacious floor plansTwo-car garage
- 8 days
- on Zillow |
- 385 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: August 20, 2025 at 10:07pm
Listing courtesy of:
Hugo Sanchez 708-860-1622,
Realty of America, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12447609

Travel times
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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 3,125 Square Feet
- Dimensions: 25 X 125
Details
- Parcel number: 17283200460000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1889
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $529,990
- Annual tax amount: $11,182
- Date on market: 8/15/2025
- Ownership: Fee Simple
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