2818 S Lowe Street, Chicago, Illinois 60616
- $638,000
- 8
- BD
- 4
- BA
- Sold Price
- $638,000
- List Price
- $599,900
- Closing Date
- May 07, 2025
- MLS#
- 12329968
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 8
- Bathrooms
- 4
- County
- Cook
- City
- Chicago
- Neighborhood
- Bridgeport
- Days On Market
- 7
Property Description
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.
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Additional Information
- School District
- 299
- Corporate Limits
- Chicago
- Tax Year
- 2023
- Tax Amount
- $12,381
- Year Built
- 1920
- Lot Dimensions
- 25X125
- Lot Size Range
- Standard Chicago Lot
- Heating
- Natural Gas
- Sewer
- Public Sewer
- Basement
- Yes
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