3058 N Lotus Avenue
Chicago, IL, 60641
$950,000
3 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12766181 image #0
Exceptional turnkey 6-unit multifamily investment with immediate value-add potential for a 7th garden unit! Owned and meticulously maintained by the same owner for over 40 years, this ultra-clean building boasts a 7% Cap Rate. Key updates include a BRAND NEW roof, updated windows, and select updated kitchens. Features (2) 2BD/1BA units and (4) 1BD/1BA units, showcasing timeless original woodwork, solid wood doors, and classic hardwood floors. Exterior includes a 2-car garage plus 2 off-street parking spots. Ideal addition to any portfolio with strong cash flow from day one!

Property Details

Price:
$950,000
MLS #:
MRD12766181
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chibelmontcragin
Listed Date:
Sep 23, 2026
Year Built:
1927
Chi – Belmont CraginChibelmontcragin

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Schools

Interior

Exterior

Stories
2

Financial

Net Operating Income
$69,510
Tax Year
2025
Taxes
$12,561

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 05, 2026
892
Commercial Listed
183
Avg DOM
$1,019,086
Avg List Price

Property Summary

    3058 N Lotus Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60641. It is listed for $950,000

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