4752 S Lotus Avenue, Chicago, IL 60638

• 6 beds |
• 3 baths

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.

Listing Status:

Active

Data Last Updated:

April 2, 2026 at 1:19PM

Listing Office:

PAK Home Realty : 773-332-1826

Listing Agent:

Cesar Sandoval : 773-332-1826

MLS ID:

12607101

Interior

• Basement: FinishedExterior EntryConcreteRec/Family AreaStorage SpaceWalk-Up AccessFullWalk-Out Access
• Heating: SteamBaseboard

Exterior

• Parking: Garage Door OpenerYesGarage OwnedDetachedGarageParking spaces: 2

Construction

• Roofing: Asphalt
• General: Concrete Perimeter

Location

• HOA Amenities: CurbsSidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 110
• County: Cook

Lot

• Zoning: 19091020250000
• Fencing: Fenced

Utilities

• Utilities: Cable Available
• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple