Address
8809 S Lowe Avenue, Chicago, IL
Price
$ 99,900
Property Attributes
  • MLS#11829901
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Auburn Gresham
  • Zip60620
  • Style
  • Year Built1885
  • Taxes$ 443
  • Price$ 99,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Welcome to this fantastic opportunity in the Auburn Gresham neighborhood! This two-flat investor building is a must-see for those seeking an incredible investment with endless potential as it has already been gutted. Built with durability and functionality in mind, this is situated in a desirable location, it offers a prime spot for both residents and visitors alike, with easy access to schools, parks, and public transportation. The first unit features 2 beds and 1 bath with living room and dining room and full kitchen, providing a comfortable living space for tenants. The second unit boasts the same. The flexible layout of each unit allows for customization according to your preferences and needs. This investment opportunity offers numerous advantages, including a strong rental market in the Auburn Gresham neighborhood. Whether you choose to rent both units or live in one while generating passive income from the other, this property promises to be a lucrative endeavor. BRING YOUR IDEAS!

Price History
7/13/2023 Listed $105,000
10/5/2023 5% - $99,900

General Features

Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Year Built 1885
Township Lake
Tax Year 2022
Percent Ownership Fee Simple
County Cook
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Total Rooms 10
Status Contingent
Directions east/west on 87th St to Lowe,1-way south to property.
City Chicago
High School District 299
MLS Area CHI - Auburn Gresham
Waterfront Y/N No
Street Name Lowe
Tax Annual Amount 443.44
Days on Market 210
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement None
Street Suffix Avenue
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Basement Crawl
Full Baths Building 2
Total Number of Units 2

Exterior Features

Water Source Lake Michigan
Total Parking 3
Foundation Details Brick/Mortar
Lot Dimensions 25 X 125
Lot Size Acres 0.07
Exterior Stucco

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60620

Price
AVG $240K
$100K
Taxes
AVG $2,836
$443
Visits
AVG 205
760
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1885
Walkscore
AVG 71
61
Data Provided by Walkscore® not using MLS data