4752 S Lotus AvenueChicago, IL 60638




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.
| 18 hours ago | Listing updated with changes from the MLS® | |
| 18 hours ago | Listing first seen on site |
Based on information submitted to the MLS GRID as of 2026-04-02 09:47 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-04-02 09:47 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.
