5624 S Lowe Avenue Chicago, IL $ 249,999
5624 S Lowe Avenue
$ 249,999
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5624 S Lowe Avenue

Chicago, IL, 60621
$ 249,999
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,539

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Multi-Family Home for sale in Chicago, IL

for $249,999 with 6 bedrooms and 2 full baths. This home was built in 1893.

Affordable 2-unit property offering a rare opportunity for both investors and owner-occupants looking to house hack in the New City / Englewood area. Live in one unit while generating rental income from the other to lessen your monthly expenses, or fully rent both units for steady cash flow. Each unit features a practical layout with separate living spaces, allowing for flexible use and rental optimization. Property is priced to reflect condition and is being sold as-is, making it an ideal value-add opportunity for buyers seeking to renovate, increase rents, and build equity over time. Strong rental demand in the area, easy access to public transportation, major roadways, and neighborhood amenities. With continued investment and redevelopment throughout the South Side, this property presents long-term upside for both appreciation and income growth. Perfect for first-time investors, house-hackers, or experienced buyers looking for a low entry point multi-unit asset. Tenants are on a month-to-month basis.Basement is unfinished.Bring your vision

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Multi-Family Active

Price

$ 249,999

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,817

Style

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12556621

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Frame
Year Built 1893
Township Lake
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions Halsted to 57th St - E to Lowe - N to Address
City Chicago
High School District 299
MLS Area CHI - Englewood
Tax Annual Amount 3817.5
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley Yes Owned
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 25X124.7
Waterfront Y/N N
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* Excluded Features
List By
Fulton Grace Realty

Broker

iraist@fultongrace.com;iraist@fultongrace.com

Email

Affordability Calculator

$1,857
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$318
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2026$249,999 Listed Price

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5624 S Lowe Avenue, Chicago, IL, 60621 is a Multi-Family Home for sale at $249,999. 5624 S Lowe Avenue has 6 bedrooms, 2.0 baths, and was built in 1893. The property's zip code is 60621 which is in Chicago, IL