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Backup Offers

5534 S Lowe Ave, Chicago, IL, 60621

$295,000

Home List Price

$3,503*

Closing Credit

8 Bedrooms
3 Baths
House

Location

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5534 S Lowe Ave, Chicago$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1908
HeatingNatural Gas
WaterfrontFencing
MLS #12124985
StatusAccepting Backup Offers
(Contingent)

About 5534 S Lowe Ave

Discover the perfect blend of modern convenience and timeless charm in this brick 2-flat located in the emerging Englewood area of Chicago. This property, fully renovated in 2011, features 8 bedrooms and 3 bathrooms across two units, each with its own distinct layout and amenities. The first-floor unit is a duplex down, boasting 5 bedrooms and 2 bathrooms, with a separate furnace and laundry hook-up for added convenience. The second-floor unit offers 3 bedrooms and 1 bathroom, also with its own furnace and laundry hook-up. Inside, you'll find hardwood floors throughout, complemented by recessed lighting and ceramic tile floors in the bathrooms, ensuring a contemporary and stylish living space. The building has been well-maintained and houses long-standing tenants, providing a stable and consistent rental income. Whether you're looking to move in and make it your own with a bit of TLC or seeking to expand your investment portfolio, this property presents an excellent opportunity. With its strategic location in a vibrant and growing community, this 2-flat is ideal for both personal residence and as a high-performing rental property. Contact us today to schedule a viewing and make this fantastic property yours! Photos are from the 1st floor duplex only. Access to 2nd unit once under contract. 1st floor is vacant Property is as/is seller will address and appraisal required repairs

Property Details

Property Features

Property Information:

  • Year Built: 1908

Listing Office:

  • Office Name: Premier Midwest Realty, INC
  • Office Phone: (708) 801-9840
  • Listing Agent: Teneshia Brass

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Fencing

Lot Features

Lot Information:

  • Lot: Fencing

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: 55th Street to Lowe Avenue South

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000

Tax Information:

  • Annual Amount: $2,266
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

5534 S Lowe Ave vs Chicago

145 DAYS ON ROCKET

+112 Days

$295,000

-$68.9K Less

KEY TAKEAWAY

This property is $68.9K less than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12124985

Listing Office:

  • Office Name: Premier Midwest Realty, INC
  • Office Phone: (708) 801-9840
  • Listing Agent: Teneshia Brass

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 28, 2011Home Sold
$335,000
Jul 30, 2010Home Sold
$20,000
Mar 04, 2010Home Sold
$14,000
Feb 06, 2007Home Sold
$310,000
Jun 13, 2006Home Sold
$174,000
Sep 23, 2005Home Sold
$174,000

Tax History

YEARPROP. TAXASSESSMENT
2019$2,266$11,279
2018$2,227$11,279
2017$3,993$18,549

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1065213
5
/10

  • Brownell Elementary School

  • 6741 S Michigan Ave

  • 1.81 miles

  • Public District Grades PK-6

school-card-donut-1065214
10
/10

  • Bronzeville Classical Elementary School

  • 8 W Root St

  • 2.01 miles

  • Public District Grades KG-4

school-card-donut-1065215
4
/10

  • Univ of Chicago Charter-Nth Kenwood

  • 1119 E 46th St

  • 2.58 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,625. Most Chicago, IL residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5534 S Lowe Ave

What is the listing price of this property?

The listing price of 5534 S Lowe Ave property is $295,000.

What type of property is this?

The property 5534 S Lowe Ave is a house located in Chicago, Illinois, 60621.

Is this property for sale now?

Accepting Backup Offers: 5534 S Lowe Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,266 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 28, 2011 for $335,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5534 S Lowe Ave has 8 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 5534 S Lowe Ave is 1908.

Rocket Homes›Illinois›Cook County›Chicago›60621›5534 S Lowe Ave

This home is located at 5534 S Lowe Ave in Chicago, IL and zip code 60621 in the Englewood neighborhood. This home was built in 1908. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $295,000.

In November 2024 more than 521 listings in Chicago, IL were sold above the asking price. During the same period more than 254 listings were sold at asking price, while more than 845 were sold below. In November 2024 in Chicago, IL there were 2.1% more homes for sale than in October 2024. In November 2024 median list price was $363,936 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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