4752 S Lotus Avenue, Chicago, IL 60638
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4752 S Lotus Avenue,Chicago, IL 60638
$529,000
- 6 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: cesar sandoval
Office: pak home realty
MLS#:12607101
Source:MLSNI
Price summary
- Price:$529,000
About this home
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....
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Home facts
- Year built:1960
- Listing ID #:12607101
- Updated:April 09, 2026 at 07:54 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Heating:Baseboard, Steam
Structure and exterior
- Roof:Asphalt
- Year built:1960
- Foundation Description:Concrete Perimeter
Schools
- High school:Reavis High School
- Middle school:Charles J Sahs Elementary School
- Elementary school:Charles J Sahs Elementary School
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$529,000
- Tax amount:$7,134 (2024)
Features and amenities
- Amenities:Sump Pump, TV-Cable
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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