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6-Unit Apartment Building
New
For Sale
$1,198,000

4762 N Lotus Avenue, Chicago, IL 60630

Five two-bedroom residences and one one-bedroom residence each have an individual boiler.

Property SizeContact for details
Days on Market7

Property Features for 4762 N Lotus Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $14,631

Amenities

coin-operated laundry

Building Details

Year Built 1957
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Century 21 Circle
Listed By: David Gust · License #471000200
Source: Dawnmckennagroup
Added: Oct 15 Changed: Oct 19 Last Checked: Oct 21 at 3:46AM

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 Century 21 Circle

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Investment Insights

Based on property information with market context.

This 1957 apartment building contains six residences: five with two bedrooms and one with a single bedroom. Each unit is served by its own boiler. The property also has seven electric meters, six assigned parking spaces, and coin-operated laundry in the basement.

Jefferson Park is directly across from the building, and the Jefferson Park CTA and Metra terminal is a three-minute walk away. Shopping, dining, and expressways are also cited among the nearby amenities.

Key Highlights

  • Six apartments: five two‑bedroom units and one one‑bedroom unit
  • Individual boiler serving each residence
  • Seven separate electric meters

Property Analytics

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Lease Details

Multi-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five two-bedroom residences and one one-bedroom residence each have an individual boiler.
Where is this apartment building located?
The property is located at 4762 N Lotus Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Six apartments: five two‑bedroom units and one one‑bedroom unit; Individual boiler serving each residence; Seven separate electric meters
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