NOT LISTED FOR SALE

5534 S Lowe Ave Chicago, IL 60621

Englewood Neighborhood
8 Beds
3 Baths
-- Sq Ft
1908 Built

Last Sold December 27, 2024

Last sale price $290,000

116 Days on Market

Highlights

  • Fenced Yard
  • Paved or Partially Paved Lot
  • 2-minute walk to Hope Park

About This Home

As of December 2024

Discover the perfect blend of modern convenience and timeless charm in this brick 2-flat located in the emerging Englewood area of Chicago. This property, fully renovated in 2011, features 8 bedrooms and 3 bathrooms across two units, each with its own distinct layout and amenities. The first-floor unit is a duplex down, boasting 5 bedrooms and 2 bathrooms, with a separate furnace and laundry hook-up for added convenience. The second-floor unit offers 3 bedrooms and 1 bathroom, also with its own furnace and laundry hook-up. Inside, you'll find hardwood floors throughout, complemented by recessed lighting and ceramic tile floors in the bathrooms, ensuring a contemporary and stylish living space. The building has been well-maintained and houses long-standing tenants, providing a stable and consistent rental income. Whether you're looking to move in and make it your own with a bit of TLC or seeking to expand your investment portfolio, this property presents an excellent opportunity. With its strategic location in a vibrant and growing community, this 2-flat is ideal for both personal residence and as a high-performing rental property. Contact us today to schedule a viewing and make this fantastic property yours! Photos are from the 1st floor duplex only. Access to 2nd unit once under contract. 1st floor is vacant Property is as/is seller will address and appraisal required repairs

Last Agent to Sell the Property

Teneshia Brass

Premier Midwest Realty, INC License #475161550 Listed on: 07/30/2024

Co-Listed By

Kason Rainey

Premier Midwest Realty, INC License #471018849

Last Buyer's Agent

Leo Sanchez

Realty of America, LLC License #475207636

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1908 | Remodeled in 2011

Lot Details

  • Lot Dimensions are 40 x 20
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,262

Year Built

Built in 1908 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 40 X 20
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2262
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
12/27/2024 12/27/24 Sold $290,000 -1.7% --
11/23/2024 11/23/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $295,000 -7.8% --
09/18/2024 09/18/24 Price Changed $320,000 -1.5% --
08/09/2024 08/09/24 Price Changed $324,900 0.0% --
07/30/2024 07/30/24 For Sale $325,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Teneshia Brass

    Seller's Agent in 2024

    Teneshia Brass

    Premier Midwest Realty, INC

    (773) 814-5741

    1 in this area

    74 Total Sales

    Teneshia Brass
    Section Image
  • Kason Rainey

    Seller Co-Listing Agent in 2024

    Kason Rainey

    Premier Midwest Realty, INC

    (708) 253-8080

    1 in this area

    121 Total Sales

    Kason Rainey
    Section Image
  • Leo Sanchez

    Buyer's Agent in 2024

    Leo Sanchez

    Realty of America, LLC

    (773) 226-2073

    4 in this area

    22 Total Sales

    Leo Sanchez
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12124985

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60621 Englewood

5534 S Lowe Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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