
2859 S Lowe Ave Chicago, IL 60616
Bridgeport Neighborhood
--
Bed
--
Bath
5,520
Sq Ft
3,125
Sq Ft Lot
About This Home
As of June 2025Very rare Bridgeport 6 units multi family available. 2 Units are 1Bed/1Bath and 4 Units are 2Bed/1Bath All been renovated in past 6 years. Most Units are central HVAC and tenants responsible for Gas and Electric. Building hallway floor and stairs been updated, new tuckpointed exterior wall and roof fresh coat sealer. Fully occupied, low rent great investment opportunity for new buyer. Great location close to school, restaurant, shop and public transportation. Don't miss this great investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,519
Year Built
- Built in 1892
Lot Details
- 3,125 Sq Ft Lot
- Lot Dimensions are 25x125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
Utilities
- Central Heating and Cooling System
- Window Unit Cooling System
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $450
- Insurance Expense $3,187
- Trash Expense $1,176
- Water Sewer Expense $1,800
- Operating Expense $17,162
- Gross Income $90,000
- Net Operating Income $72,838
Similar Home in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/26/2025 06/26/25 | Sold | $1,165,000 | -9.7% | $211 / Sq Ft |
04/14/2025 04/14/25 | Pending | -- | -- | -- |
04/06/2025 04/06/25 | For Sale | $1,290,000 | -- | $234 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Jay Zhang
Richland Properties and Homes
(309) 883-1701
5 in this area
17 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12330865

APN: 17283120240000
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