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Six-Flat Apartment Building
New
For Sale
$1,075,000

4752 N Lotus Avenue, Chicago, IL 60630

Red-brick multifamily property with spacious units and updated kitchens and baths in Jefferson Park.

Property SizeContact for details
Days on Market3

Property Features for 4752 N Lotus Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning MULTI
Lease Term 12 Months

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Cap Rate 7.5%
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $15,067

Building Details

Year Built 1924
Buildings 1
Stories 2
Units 6
Construction red brick
Listing Agency: Compass
Listed By: Matthew Mika · License #471001481
Source: Cavanaghrealty
Added: Aug 12 Changed: Aug 13 Last Checked: Aug 13 at 6:35AM

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 Compass

Investment Insights

Based on property information with market context.

Built in 1924, this red-brick, L-shaped six-flat apartment building contains spacious rental units, with most kitchens and bathrooms updated. The property is zoned MULTI and is reported at a 7.5% cap rate based on current rents.

Located on a side street at 4752 N Lotus Avenue in Chicago’s Jefferson Park area, the building is within walking distance of the Jefferson Park terminal, which provides Blue Line and Metra access. Shopping is also within walking distance, while the Kennedy Expressway is only minutes away. The combination of established transit access, neighborhood retail, and six residential units supports the property’s multifamily configuration.

Key Highlights

  • Six‑flat apartment building at 4752 N Lotus Avenue
  • 7.5% cap rate at current rents
  • Red‑brick L‑shaped building constructed in 1924

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Acupuncture Gym & Fitness Center Catering Service Nursing Home Discount Store Furniture & Home Goods

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,619
Businesses Nearby

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
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?
Apartment building - Red-brick multifamily property with spacious units and updated kitchens and baths in Jefferson Park.
Where is this apartment building located?
The property is located at 4752 N Lotus Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Six‑flat apartment building at 4752 N Lotus Avenue; 7.5% cap rate at current rents; Red‑brick L‑shaped building constructed in 1924
More about this property
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