318 N Lotus Ave
Chicago, IL 60644
Upon Request
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Executive Summary

Portfolio Asking Price:  $2,825,000

A 20-unit walk-up apartment building in Chicago’s Austin neighborhood, offered as part of a 95-unit, five-property portfolio. Built in 1926 on an 8,487 SF lot, the property needs a full renovation and lease-up. This is a good fit for a buyer with experience repositioning West Side multifamily.

  • Units: 20
  • Unit Mix: (3) 2BR, (17) 1BR
  • Occupancy: 40%
  • Year Built: 1926

Sold as-is. Receiver sale subject to court approval. Offered only as part of the 95-unit portfolio.

Property Location

Chicago » 60644 » 318 N Lotus Ave

Property Details

Status Active
Property Type Multifamily
Price Upon Request
Residential Unit Mix (3) 2BR, (17) 1BR

Portfolio Properties

4918 W Augusta Blvd
Chicago , 60651
551 N Central Ave
Chicago , 60644
318 N Lotus Ave
Chicago , 60644
42-52 N Waller Ave
Chicago , 60644

Broker Contact

Nate Gautsche

Nate Gautsche, CCIM

Mobile: (312) 925-2521

Office: (773) 327-9300

Email: NateG@crer.com

vCard: Download

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