NOT LISTED FOR SALE

2848 S Lowe Ave Chicago, IL 60616

Bridgeport Neighborhood

Estimated Value: $350,000 - $500,000

6 Beds
2 Baths
966 Sq Ft
$428/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2019

Last sale price $317,000 $328 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,663 / mo

32 Days on Market

About This Home

As of December 2019

Legal 2 Flat in Bridgeport prime location. New Roof 2017. Central Heat. 2 car garage. Not a fixer upper, but seller requests to sell in as-is.

Last Agent to Sell the Property

Yiu Ching To

Renet Realty & Mgmt Co License #475149014 Listed on: 09/16/2019

Last Buyer's Agent

Jimmy Li

Chi Real Estate Group LLC License #475137358

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,048

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x124

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Healy Elementary School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,048

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

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

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Elementary School: Healy Elementary School

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X124
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4047.98
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Dec 16, 2019
Sold by
Bought by
Seller's Agent
Yiu Ching To
Renet Realty & Mgmt Co
Buyer's Agent
Jimmy Li
Chi Real Estate Group LLC
List Price
$350,000
Sold Price
$317,000
Premium/Discount to List
-$33,000
-9.43%
Current Estimated Value
$413,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,908
Avg. Annual Appreciation
4.16%
Original Mortgage
$253,600
Outstanding Balance
$219,316
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$194,592

Purchase Details

Listed on
Sep 16, 2019
Closed on
Dec 12, 2019
Sold by
Bought by
Seller's Agent
Yiu Ching To
Renet Realty & Mgmt Co
Buyer's Agent
Jimmy Li
Chi Real Estate Group LLC
List Price
$350,000
Sold Price
$317,000
Premium/Discount to List
-$33,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Outstanding Balance
$219,316
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$194,592

Purchase Details

Closed on
Sep 11, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.45%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$158,500 First American Title
$158,500 First American Title
-- None Available
$67,333 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $253,600
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $317,000 -9.4% $328 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $350,000 -- $362 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,282 $31,000 $15,999 $15,001
2024 $5,282 $31,000 $15,999 $15,001
2023 $5,110 $31,000 $13,640 $17,360
2022 $5,110 $31,000 $13,640 $17,360
2021 $5,028 $31,000 $13,640 $17,360
2020 $3,500 $21,295 $13,640 $7,655
2019 $4,118 $23,928 $13,640 $10,288
2018 $4,048 $23,928 $13,640 $10,288
2017 $3,959 $21,766 $10,850 $10,916
2016 $3,859 $21,766 $10,850 $10,916
2015 $3,838 $23,568 $10,850 $12,718
2014 $3,260 $20,139 $9,300 $10,839
2013 $3,185 $20,139 $9,300 $10,839
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2019

    Yiu Ching To

    Renet Realty & Mgmt Co

    Section Image
  • Jimmy Li

    Buyer's Agent in 2019

    Jimmy Li

    Chi Real Estate Group LLC

    (312) 404-5960

    8 in this area

    75 Total Sales

    Jimmy Li
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10518860

Midwest Real Estate Data (MRED)

APN: 17-28-311-044-0000

Illinois Cook County Chicago 60616 Bridgeport

2848 S Lowe Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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