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Updated Two-Unit Duplex
For Sale
Under Contract
$260,000

7923 S Lowe Avenue, Chicago, IL 60620

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market171

Property Features for 7923 S Lowe Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Basement, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions 80th St to Lowe South
Subdivision CHI - Auburn Gresham
Standard status Active Under Contract
APN 20831300800000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2612

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1891
Building materials Frame
Listing Agency: Real Broker, LLC
Listed By: Mike Matariyeh
Added: Apr 8 Changed: Sep 17 Last Checked: Sep 25 at 3:06PM
MLS# 12613124

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex in Chicago provides a residential income configuration with four bedrooms, two bathrooms, and a basement. The frame building was constructed in 1891 and has been recently updated with modern finishes and other upgrades. Natural-gas heating and public sewer service are in place.

Located at 7923 S Lowe Avenue, the property sits on a cul-de-sac and is described as being steps from a coming-soon Metra train station. Expressway access is also nearby, adding a transportation connection to the surrounding context.

Key Highlights

  • Two‑unit duplex with four bedrooms and two bathrooms
  • Recently updated interiors with modern finishes and upgrades
  • 1891 construction with frame materials

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

746
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Frame construction with a basement, natural-gas heating, and public sewer service.
Where is this duplex located?
The property is located at 7923 S Lowe Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑unit duplex with four bedrooms and two bathrooms; Recently updated interiors with modern finishes and upgrades; 1891 construction with frame materials
More about this property
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