For Sale Commercial MLS# 12766181

3058 N Lotus Avenue

Chicago, IL 60641

$950,000

midwest-real-estate-data logo

Take the tour

About 3058 N Lotus Avenue

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

Property

Type
commercial
Year built
1927

Schools

District
Chicago Public School District 299

Location

Subdivision
Belmont Cragin
Neighborhood
Belmont Cragin

Location

Neighborhood
Belmont Cragin
School district
Chicago Public School District 299

Ask about this property

Questions on 3058 N Lotus Avenue, Chicago, IL 60641, or want to see it in person?

Listed by John Fleming, Baird & Warner

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.