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Two-Unit Duplex with Finished Attic
New
For Sale
$520,000

2426 N Lotus Avenue, Chicago, IL 60639

Separate utilities and central air serve both residences, with a finished attic arranged for additional living space.

Property SizeContact for details
Days on Market7

Property Features for 2426 N Lotus Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,223

Amenities

central air conditioning
finished attic

Building Details

Year Built 1920
Buildings 1
Listing Agency: Extreme Realty LLC
Listed By: Monica Morales · License #471016503
Source: Dawnmckennagroup
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 11 at 12:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Extreme Realty LLC

Investment Insights

Based on property information with market context.

Built in 1920, this two-unit duplex includes two residential apartments with spacious living areas, bedrooms, kitchens, and bathrooms. Both units have central air conditioning and separate utilities. Updated kitchens and bathrooms add to the existing functionality, while the finished attic is arranged as an in-law living area for added residential space.

The property is located on N Lotus Avenue in Chicago’s Belmont Cragin neighborhood, near parks, schools, shopping, restaurants, public transportation, and major expressways. The configuration supports flexible residential use, including the option to occupy one unit while using the other for rental income, as described in the property information.

Key Highlights

  • Two‑unit duplex built in 1920
  • Finished attic arranged as an in‑law living area
  • Separate utilities for both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Garden Center Skin Care Clinic Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,339
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities and central air serve both residences, with a finished attic arranged for additional living space.
Where is this duplex located?
The property is located at 2426 N Lotus Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1920; Finished attic arranged as an in‑law living area; Separate utilities for both units
More about this property
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