$638,000
SOLD MAY 7, 2025
8 Beds
4 Baths
704 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$906 Per Sq Ft

6% Above List Price

7 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • 4-minute walk to Palmisano Park
  • Healy Elementary School Rated 9+

About This Home

As of May 2025

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.

Last Agent to Sell the Property

Ross Cannatello

Jameson Sotheby's Intl Realty License #475152587 Listed on: 04/08/2025

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,382

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 25x125

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Window Screens
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,382

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Concrete, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Enclosed Porch
  • Window Features: Screens
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Patio And Porch Features: Deck, Patio, Screened
  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 12381.92
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2025 05/07/25 Sold $638,000 +6.4% $906 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $599,900 -- $852 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,382 $74,000 $16,895 $57,105
2024 $12,382 $74,000 $16,895 $57,105
2023 $12,049 $62,000 $13,640 $48,360
2022 $12,049 $62,000 $13,640 $48,360
2021 $11,798 $62,000 $13,640 $48,360
2020 $9,716 $46,715 $13,640 $33,075
2019 $10,025 $53,325 $13,640 $39,685
2018 $9,855 $53,325 $13,640 $39,685
2017 $8,917 $44,796 $10,850 $33,946
2016 $8,472 $44,796 $10,850 $33,946
2015 $7,728 $44,796 $10,850 $33,946
2014 $6,464 $37,409 $9,300 $28,109
2013 $6,325 $37,409 $9,300 $28,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12329968

Midwest Real Estate Data (MRED)

APN: 17-28-311-032