2 days on Rocket
$8,063 Closing Credit¹
#12398508, Ivan Man, Listing office: Century 21 Realty Associates
$720,000 List price
2958 S Lowe Ave Chicago, IL 60616
$8,550
Closing credit¹
9 beds
4 baths
House
Property details
About 2958 S Lowe Ave
Solid, income-producing multi-unit real estate seldom combines convenience, tenant appeal, and location as well as this corner-lot property at 2958 S Lowe Ave in Chicago. The building comprises four spacious apartments-two on the first floor (each 2 bedrooms, 1 bath) and two on the second floor (one 2-bedroom, 1 bath and one 3-bedroom, 1 bath)-each flowing naturally with hardwood flooring through most rooms and tile in high-traffic areas. Tenants enjoy independent comfort controls thanks to individual furnaces, air conditioning units, and water boilers, as well as in-unit laundry that boost convenience and marketability. An unfinished basement houses the mechanical equipment, while a rare two-car garage on the premises adds significant appeal in this neighborhood. The location could not be more transit-friendly: easy access to I-55 and I-90, minutes from Rate Field, and close to both the Metra Rock Island Line (35th St-Lou Jones station) and CTA Orange and Red Lines ensure tenants can commute or explore downtown and surrounding amenities with ease. Separate utilities streamline management and minimize cost-sharing hassles, and the spacious floor plans help attract quality occupants. Although there are four physical dwelling units, prospective buyers should verify. Don't miss the chance to add a well-maintained, tenant-ready multi-family property with private systems, in-unit laundry, and a two-car garage in a desirable Chicago location to your portfolio-schedule your showing today to discover its full potential
Highlights
Home typeResidential
HeatingNatural Gas, Forced Air
StatusActive
(New)
(New)
BasementYes
Year built1889
ParkingGarage Door Opener, On Site, Garage Owned, Detached, Garage
MLS #12401226
Garage2 spaces
Summary
- Basement: Yes
- Total Bedroom Count: 9
- Garage Space: 2 spaces
- Parking: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Heating: Natural Gas, Forced Air
- List Price: $720,000
- Annual Tax Amount: $10,900
- Tax Year: 2022
- Directions: Merge Onto S Wentworth Ave, Right Turn Onto W 31st Ave, Turn Right Onto S Lowe Ave
- Year Built: 1889
- MLS Number: 12401226
- MLS Name: MRED
- Office Name: Realty of America, LLC
- Office Phone: (708) 788-1900
- Office Email: tanya.diaz@roaworld.com
- Listing Agent: Hugo Sanchez
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Get an agent. Get a mortgage. Save big.¹
$720,000
2958 S Lowe Ave
$8,550
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 27, 2011 | Home Sold | $330,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $52,999 | $10,900 |
| 2020 | $31,677 | $7,056 |
| 2019 | $36,411 | $7,315 |
| 2018 | $36,411 | $7,192 |
| 2017 | $32,486 | $6,993 |
History based on county public records data.
Nearby schools
6
N. Greene Elementary School
Public District KG-5
1.6 mi
•3525 S Honore St
10
Bronzeville Classical Elementary School
Public District KG-4
1.6 mi
•8 W Root St
4
Cooper Elementary Academy
Public District PK-5
1.7 mi
•1624 W 19th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,074. Most Chicago, IL residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
46%
<35k
45%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2958 S Lowe Ave
The listing price of 2958 S Lowe Ave property is $720,000.
The property 2958 S Lowe Ave is a house located in Chicago, Illinois, 60616.
Active Listing: 2958 S Lowe Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2958 S Lowe Ave are: N. Greene Elementary School (GreatSchools Rating 6/10), Bronzeville Classical Elementary School (GreatSchools Rating 10/10), Cooper Elementary Academy (GreatSchools Rating 4/10), Healy Elementary School (GreatSchools Rating 9/10), Sheridan Elementary Math & Science Academy (GreatSchools Rating 9/10), J. Ward Elementary School (GreatSchools Rating 9/10), Yccs- Mckinley-Lakeside Leadership Academy (GreatSchools Rating 1/10), Yccs-Youth Connection Leadership Academy (GreatSchools Rating 1/10), Air Force Academy High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2022 is $10,900 (source: MLS/based on county public records data).
The last sale was on October 27, 2011 for $330,000 (source: MLS/tax record).
The property at 2958 S Lowe Ave has 9 bedrooms and 4 bathrooms.
The year of construction for 2958 S Lowe Ave is 1889.
This home is located at 2958 S Lowe Ave in Chicago, IL and zip code 60616 in the Bridgeport neighborhood. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $720,000.
While more than 1048 listings in Chicago, IL in May 2025 were sold above asking price, there were more than 390 listings sold at asking price, and more than 906 were sold below. The number of homes for sale in Chicago, IL increased by 13.6% between April and May 2025. In May 2025 median list price was $376,030 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.