Accepting Backups
4752 Lotus Avenue
Chicago, IL 60638
$529,000
6beds
3baths
—sqft
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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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1960
Garage spaces2
Lot size—
Annual tax$7,133.72
CountyCook
MLS #MRD12607101
Days on market3
Schools
ElementaryCharles J Sahs Elementary School
Middle / JuniorCharles J Sahs Elementary School
High schoolReavis High School
Features
Heating
SteamBaseboard
Parking
Garage Door OpenerYesGarage OwnedDetachedGarage
Utilities
Cable Available
Construction
Brick
Sewer
Public Sewer
Listed by
PAK Home Realty
Cesar Sandoval
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/4/2026, 2:45:07 AM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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