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Renovation Duplex with Proposed Plans
For Sale
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3442 S Lowe Avenue, Chicago, IL 60616

Gutted frame property with partial rough framing and an excavated basement, offered as-is for full redevelopment.

Property SizeContact for details
Days on Market72

Property Features for 3442 S Lowe Avenue

General Information

Standard status Active
Property subtype Multifamily
Zoning MULTI

Property Condition

Severity Major Repairs Needed
Evidence needs a complete renovation

Additional Details

Public Transit Yes

Building Details

Construction frame
Listing Agency: eXp Realty, LLC
Listed By: Sheyla Padilla · License #475176474
Source: Crexi
Added: Jun 29 Changed: Sep 7 Last Checked: Sep 7 at 9:15AM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This frame duplex property at 3442 S Lowe Avenue has been stripped for renovation, with rough framing remaining, some second-floor work completed, and the basement excavated. Available plans propose a duplex-down first-floor arrangement with 4 bedrooms and 2 baths, plus a duplex-up second-floor layout containing 2 bedrooms and 2 baths. The plans, existing construction progress, and partially prepared basement provide a defined starting point, but the building still requires a complete renovation. The property is being sold strictly as-is, and buyers are to verify the plans, zoning, permits, code compliance, and intended use.

The property is in Chicago’s Bridgeport area, 4 blocks from the White Sox Stadium. Public transportation, neighborhood restaurants, parks, and major city access are also identified in the surrounding area. Zoning is listed as MULTI.

Key Highlights

  • Proposed duplex‑down first‑floor plan with 4 bedrooms and 2 baths
  • Proposed duplex‑up second‑floor plan with 2 bedrooms and 2 baths
  • Gutted frame property with rough framing still in place

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Wine and Liquor Store Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

1,591
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 - Gutted frame property with partial rough framing and an excavated basement, offered as-is for full redevelopment.
Where is this duplex located?
The property is located at 3442 S Lowe Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Proposed duplex‑down first‑floor plan with 4 bedrooms and 2 baths; Proposed duplex‑up second‑floor plan with 2 bedrooms and 2 baths; Gutted frame property with rough framing still in place
(888) 574-9405 Call to check price and availability
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