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4752 S Lotus Avenue, Chicago, IL 60638

$529,000
  • 4752 S Lotus Avenue, Chicago, IL 60638 Main Photo

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New to the Market Contingent
BEDS6 BATHS3 full MLS#12607101
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 220

Property Description

Solid all-brick legal LARGE 2-flat situated on a rare double lot (50' frontage), offering exceptional space, flexibility, and long-term upside. The main level features a spacious 3-bedroom, 1-bath unit, while the second floor offers a well-laid-out 2-bedroom, 1-bath unit-ideal for owner-occupants or investors seeking strong rental potential. In ADDITION , the property includes a highly desirable 3RD in-law unit with two completely separate entrances, providing excellent versatility for extended family living or additional income potential. A wide concrete driveway leads to a standout 2-story garage with interior stairs accessing a full second level-perfect for storage, workspace, or future value-add opportunities. Significant capital improvements have been completed, including full electrical panel and meter replacement, updated FURNACE SYSTEMS and water heaters, new sump pump, and extensive plumbing upgrades. Additional enhancements include a remodeled basement with expanded open floor plan living space, updated bathrooms, newer windows, roof repairs, foundation crack remediation, and multiple appliance replacements, delivering true turnkey confidence. The building offers favorable taxes and a good utility setup, with the second-floor tenant paying their own electric, while ownership covers gas and water. Located in a quiet, well-maintained community, residents benefit from unique local amenities including access to a free health clinic and dental care, low-cost park district gym membership, nearby parks and forest preserves, and convenient proximity to I-55, Archer Avenue, and Midway Airport. This is a rare opportunity to own a well-maintained, income-generating asset with multiple streams of potential revenue, strong infrastructure, and long-term appreciation upside.

4752 S Lotus Avenue | MLS# 12607101

This multi-family property located at 4752 S Lotus Avenue, Chicago, IL 60638 is currently listed for sale with an asking price of $529,000. S Lotus Avenue is located within the District 220 school district. Search Chicago real estate on bbaneytufly.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Exterior Entry, Concrete, Rec/Family Area, Storage Space, Walk-Up Access, Full, Walk-Out Access
Garage: 2
Heating: Steam, Baseboard
Lot Size: 50 X 125
Roof Type: Asphalt
Taxes: $7,133
Year Built: 1960

Feature Descriptions

Exterior: Brick
Lot Dimensions: 50 X 125
Other Equipment: TV-Cable, Sump Pump
Parcel#: 19091020250000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 12
Township: Stickney
Water: Lake Michigan

Local Schools

High School: Reavis High School
Middle School: Charles J Sahs Elementary School
Elementary School: Charles J Sahs Elementary School
School District: District 220

Listed By / Shown By

Listed By

Agency Name: PAK Home Realty
Agency Phone: 708-417-4983

Shown By

Agent Name: Brenda Baney-Tufly
Agent Phone: (815) 988-3476
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,151.59 per month $2,402.88 Principal & Interest $594.42 Property Tax $154.29 Homeowner's Insurance

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