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
See this Listing
Schools
Interior
Exterior
Stories
2
Financial
Tax Year
2025
Taxes
$12,561
Map
Community
- Address3058 N Lotus Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60641
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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Copyright 2026. All rights reserved.
3058 N Lotus Avenue
Chicago, IL


