Six-Unit Apartment
3058 N Lotus Avenue, Chicago, IL 60641
For Sale
$950,000
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market49
Property Features for 3058 N Lotus Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Taxes and HOA fees
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Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Baird & Warner
(773) 250-0400
Listed By:
John Fleming · License IL #475152289
(312) 265-8000
Added: Sep 23
Changed: Oct 24
Last Checked: Nov 10 at 10:06AM
MLS# 12766181
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1927 apartment building contains six units: two with two bedrooms and one bathroom each, and four with one bedroom and one bathroom each. Original woodwork, solid wood doors, and hardwood floors remain in the interiors. Select kitchens and the windows have been updated, and the roof is new.
The property includes a two-car garage and two off-street parking spaces. A 7% cap rate is reported.
The property includes a two-car garage and two off-street parking spaces. A 7% cap rate is reported.
Key Highlights
- Six apartments: two 2‑bedroom/1‑bathroom units and four 1‑bedroom/1‑bathroom units
- 1927 construction
- New roof; updated windows and select kitchens
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,533
Businesses Nearby
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Business Placement
Demographics for 60641, IL
69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
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Market
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - A six-unit layout combines one- and two-bedroom apartments with a detached garage and additional off-street parking.
Where is this apartment building located?
The property is located at 3058 N Lotus Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Six apartments: two 2‑bedroom/1‑bathroom units and four 1‑bedroom/1‑bathroom units; 1927 construction; New roof; updated windows and select kitchens
