About 3058 N Lotus Avenue
Exceptional turnkey 6-unit multifamily investment with immediate value-add potential for a 7th garden unit! Owned and meticulously maintained by the same owner for over 40 years, this ultra-clean building boasts a 7% Cap Rate. Key updates include a BRAND NEW roof, updated windows, and select updated kitchens. Features (2) 2BD/1BA units and (4) 1BD/1BA units, showcasing timeless original woodwork, solid wood doors, and classic hardwood floors. Exterior includes a 2-car garage plus 2 off-street parking spots. Ideal addition to any portfolio with strong cash flow from day one!
Features of 3058 N Lotus Avenue
| MLS® # | 12766181 |
|---|---|
| Price | $950,000 |
| Bathrooms | 0.00 |
| Year Built | 1927 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | New |
Community Information
| Address | 3058 N Lotus Avenue |
|---|---|
| Area | CHI - Belmont Cragin |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60641 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Days on Market | 3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Baird & Warner |
|---|