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Updated Two-Unit Multifamily Duplex
For Sale
Contact for pricing
Pending

2702 S Lowe Ave, Chicago, IL 60616

Legal two-unit building features 3-bed, 1-bath layouts, central air, a two-car garage, and a full basement for laundry.

Days on Market114

Property Features for 2702 S Lowe Ave

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily

Additional Details

Multifamily Units 2

Amenities

deck
basement

Building Details

Tenancy Multi
Listing Agency: Kale Realty
Listed By: QianKun Chen · License #IL
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 31 at 11:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kale Realty

Investment Insights

Based on property information with market context.

An updated legal two-unit multifamily duplex with two separate units, each offering three bedrooms and one bathroom. The first-floor unit includes central air and heat, while the second-floor unit includes central air. Additional improvements include a two-car garage and an oversized deck for both units. A full basement provides space for laundry.

Located in Bridgeport, the property is described as walkable to the Orange Line and nearby shopping and dining, including Cermak Produce and Walgreens, plus restaurants.

Both units share a consistent functional layout with three bedrooms per unit, central air, and deck space, supported by the full basement for laundry and the attached two-car garage.

Key Highlights

  • Legal 2‑unit building with both units featuring 3 bedrooms and 1 bathroom
  • Central air and heat on the 1st floor; central air on the 2nd floor
  • 2‑car garage included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Tech Support Center Tanning Salon Veterinary Clinic

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,044
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Legal two-unit building features 3-bed, 1-bath layouts, central air, a two-car garage, and a full basement for laundry.
Where is this duplex located?
The property is located at 2702 S Lowe Ave Chicago, IL.
What are key features of this property?
This property features: Legal 2‑unit building with both units featuring 3 bedrooms and 1 bathroom; Central air and heat on the 1st floor; central air on the 2nd floor; 2‑car garage included
(312) 939-5253 Call to check price and availability
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