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Brick Triplex with Parking

3041 S Lowe Ave, Chicago, IL 60616

For Sale
$699,000

Brick multifamily property features newer windows, per-unit heating, basement laundry, a patio, and rear parking.

Property SizeContact for details
Days on Market61

Property Features for 3041 S Lowe Ave

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi-Family

Site & Location

Neighborhood Bridgeport

Units

Unit Mix 2 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units 3

Amenities

in-unit laundry
walk-in closet
basement laundry
patio

Building Details

Year Built 1885
Construction brick
Listing Agency: Boutique Home Realty
Listed By: Shopping Casas
Source: Shoppingcasaschicago
Added: Sep 8 Changed: Nov 6 Last Checked: Nov 6 at 8:22AM

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 Boutique Home Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1885, this brick triplex offers a two-level configuration with a practical mix of units. Two apartments each contain 1 bedroom and 1 bathroom, while the second-floor residence provides 3 bedrooms and 2 bathrooms, along with in-unit laundry and a walk-in closet in the primary bedroom. Each unit has a high-efficiency gas-forced heating furnace installed within 9 years. The roof is 9 years old, and all windows were replaced less than 7 years ago.

Additional laundry facilities are located in the basement, and the rear of the property includes 4 parking spaces. A patio provides outdoor space. The property is in Bridgeport, within the Healy School District, and carries a Chicago address.

Key Highlights

  • Brick 3‑unit building with two 1‑bed/1‑bath apartments and one 3‑bed/2‑bath unit
  • Second‑floor unit includes in‑unit laundry and a master bedroom walk‑in closet
  • High‑efficiency, gas‑forced heating furnaces per unit installed within 9 years

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,656
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
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Market

Properties on Market for Triplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Brick multifamily property features newer windows, per-unit heating, basement laundry, a patio, and rear parking.
Where is this triplex located?
The property is located at 3041 S Lowe Ave Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Brick 3‑unit building with two 1‑bed/1‑bath apartments and one 3‑bed/2‑bath unit; Second‑floor unit includes in‑unit laundry and a master bedroom walk‑in closet; High‑efficiency, gas‑forced heating furnaces per unit installed within 9 years
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