3058 N Lotus Avenue Chicago, IL ^$ 950,000

3058 N Lotus Avenue

^$ 950,000

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Recently Listed

3058 N Lotus Avenue

Chicago, IL, 60641

^$ 950,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 6,561

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Multi-Family Home for sale in Chicago, IL

for $950,000 with 3 bedrooms. This home was built in 1927.

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!

Multi-Family Active

Price

^$ 950,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 12,561

Style

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12766181

Features

General

Year Built 1927

Stories Count 2

Tax Year 2025

Gross Income 92940

County Cook

Net Operating Income 69510

Operating Expense 23430

Insurance Expense 4515

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions Central to Barry go west to the corner of Lotus and Barry

City Chicago

Number Of Units Total 6

MLS Area CHI - Belmont Cragin

Tax Annual Amount 12561

Electric Expense 459

Fuel Expense 5548

Trash Expense 2659

Water Sewer Expense 1888

Additional Parcels Y/N N

Virtual Tour https://real.vision/3058-north-lotus-avenue?o=u

Standard Status Active

Cap Rate 7

Exterior

Lot Dimensions 30x125

* Excluded Features

List By

Baird & Warner

Broker

john.fleming@bairdwarner.com;john.fleming@dreamtown.com

Affordability Calculator

$7,608

Per Month

Monthly Principal & Interest: $6,561
Monthly Property Taxes: $1,047
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$640,266

Percent of Sale Price 33%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/24/2026	$950,000		Listed Price

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3058 N Lotus Avenue, Chicago, IL, 60641 is a Multi-Family Home for sale at $950,000. 3058 N Lotus Avenue has 3 bedrooms, 0.0 baths, and was built in 1927. The property's zip code is 60641 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

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 Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. 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.

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Data is updated as of 10/10/2026.

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3058 N Lotus Avenue

Multi-Family Home for sale in Chicago, IL

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