6-Unit Apartment Building with
New
For Sale
$950,000
3058 N Lotus Avenue, Chicago, IL 60641
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market4
Property Features for 3058 N Lotus Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 5, Bathroom 6, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 7, Bathroom 4, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 8
Directions
Central to Barry go west to the corner of Lotus and Barry
Subdivision
CHI - Belmont Cragin
Standard status
Active
APN
13281100190000
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12561
Building Details
Year built
1927
Floors in Building
2
Number of units
6
Listing Agency:
Baird & Warner
(773) 250-0400
Listed By:
John Fleming · License #475152289
(312) 265-8000
Added: Sep 23
Changed: Sep 25
Last Checked: Sep 26 at 7:06AM
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.
Investment Insights
Based on property information with market context.
Built in 1927, this six-unit apartment building includes two 2BD/1BA residences and four 1BD/1BA residences. The interiors retain original woodwork, solid wood doors, and hardwood flooring, while select kitchens and the windows have been updated. A brand-new roof adds a significant recent improvement, and the building has been maintained by the same owner for more than 40 years.
The exterior provides a 2-car garage and two off-street parking spaces. The property is located at 3058 N Lotus Avenue in Chicago, Illinois, and is reported at a 7% cap rate. A potential seventh garden unit is also identified in the property information.
The exterior provides a 2-car garage and two off-street parking spaces. The property is located at 3058 N Lotus Avenue in Chicago, Illinois, and is reported at a 7% cap rate. A potential seventh garden unit is also identified in the property information.
Key Highlights
- Six‑unit mix: two 2BD/1BA units and four 1BD/1BA units
- Brand‑new roof and updated windows
- Original woodwork, solid wood doors, and hardwood floors
Property Analytics
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Current Use
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
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained multifamily property with varied unit layouts, recent building updates, and dedicated parking improvements.
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‑unit mix: two 2BD/1BA units and four 1BD/1BA units; Brand‑new roof and updated windows; Original woodwork, solid wood doors, and hardwood floors
