3058 N Lotus Avenue, Chicago, IL

$950,000

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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!

Features of 3058 N Lotus Avenue

MLS® # 12766181
Price $950,000
Bathrooms 0.00
Year Built 1927
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 3058 N Lotus Avenue
Area CHI - Belmont Cragin
City Chicago
County Cook
State IL
Zip Code 60641

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Days on Market 8
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBaird & Warner

Listing Map

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