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Listed by Wenxue Zhangof Kale Realty
$ 409,000
Est. payment /mo
Price Dropped by $20K
2612 S Lowe Avenue Chicago, IL 60616
4 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12492396
Bedrooms 4
Annual Tax Amount $5,908
Tax Year 2023
Lot Dimensions 24*125
Property Sub-Type Two to Four Units
Property Description
Prime Bridgeport Investment Opportunity! Don't miss this exceptional 2-unit building located in the highly sought-after Healy Elementary School District. Perfectly positioned just steps from vibrant Chinatown, this property offers unbeatable convenience with easy access to Downtown Chicago, public transportation, and major highways. The first-floor unit is currently vacant, featuring 2 bedrooms and 1 bathroom, high ceilings. It was previously rented for $1,250 per month, plus $50 for a parking space. The second-floor unit also offers 2 bedrooms and 1 bathroom and is filled with natural light. It is currently rented for $1,100 per month, plus $50 for parking, on a month-to-month lease-well below market value, providing strong upside potential. A large unfinished basement includes a dryer and a brand-new washer, ample storage space, and room for future customization. The spacious front yard offers opportunities for an urban garden. Exterior parking spaces add further convenience. This property is perfect for investors or owner-occupants-live in one unit and rent the other for added income. Experience the best of Bridgeport living in a thriving, accessible neighborhood with endless potential.
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Healy Elementary School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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