New

Price cut: $24K (7/9)

$398,000

1506 N Lotus Ave, Chicago, IL 60651

5beds

1,159sqft

Get pre-qualified

Single Family Residence

Built in 1925

3,833 Square Feet Lot

$396,300 Zestimate^®

$343/sqft

$-- HOA

What's special

Wow! to this beautifully renovated bungalow offering 5 spacious bedrooms and 2 full bathrooms. This move-in-ready home has been completely updated from top to bottom, featuring modern finishes, updated flooring, a stunning kitchen with new cabinetry and countertops, and beautifully remodeled bathrooms. The spacious layout provides plenty of room for family living, entertaining, or working from home. The finished living spaces are filled with natural light, creating a warm and inviting atmosphere throughout. Major updates ensure peace of mind and low-maintenance living for years to come. Conveniently located near schools, parks, shopping, dining, and transportation, this fully renovated home combines classic bungalow charm with today's modern amenities. Don't miss the opportunity to make this exceptional property your new home!

3 days

226

24

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom 5

Primary bedroom

Level: Second
Area: 168 Square Feet
Dimensions: 12X14

Bedroom 2

Level: Second
Area: 120 Square Feet
Dimensions: 10X12

Bedroom 3

Level: Main
Area: 120 Square Feet
Dimensions: 10X12

Bedroom 4

Level: Main
Area: 100 Square Feet
Dimensions: 10X10

Bedroom 5

Level: Basement
Area: 104 Square Feet
Dimensions: 13X8

Dining room

Level: Main
Area: 270 Square Feet
Dimensions: 15X18

Family room

Level: Second
Area: 120 Square Feet
Dimensions: 10X12

Kitchen

Level: Main
Area: 168 Square Feet
Dimensions: 12X14

Laundry

Level: Basement
Area: 25 Square Feet
Dimensions: 5X5

Living room

Level: Main
Area: 216 Square Feet
Dimensions: 12X18

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Range, Microwave, Dishwasher, Refrigerator

Features

Basement: Finished,Full

Interior area

Total structure area: 0
Total interior livable area: 1,159 sqft

Property

Parking

Total spaces: 2.5
Parking features: Yes, Detached, Garage
Garage spaces: 2.5

Accessibility

Accessibility features: No Disability Access

Features

Stories: 1.5

Lot

Size: 3,833 Square Feet

Details

Parcel number: 16041020370000
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Brick
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1925
Major remodel year: 2026

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs, Sidewalks, Street Lights, Street Paved

HOA

Services included: None

Location

Region: Chicago

Financial & listing details

Price per square foot: $343/sqft
Tax assessed value: $196,000
Annual tax amount: $3,937
Date on market: 7/9/2026
Ownership: Fee Simple

Estimated market value

$396,300

$376,000 - $416,000

$2,533/mo

Price history

Date	Event	Price
7/9/2026	Price change	$398,000-5.7%$343/sqft
Source: MRED as distributed by MLS GRID #12700809 Report a problem
6/30/2026	Listed for sale	$422,000-3%$364/sqft
Source: MRED as distributed by MLS GRID #12690504 Report a problem
6/28/2026	Listing removed	$435,000$375/sqft
Source: MRED as distributed by MLS GRID #12677212 Report a problem
6/19/2026	Price change	$435,000-3%$375/sqft
Source: MRED as distributed by MLS GRID #12677212 Report a problem
6/13/2026	Listed for sale	$448,500+149.2%$387/sqft
Source: MRED as distributed by MLS GRID #12677212 Report a problem
11/10/2025	Sold	$180,000$155/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$19,600 -2%
2023	$4,220 +2.6%	$20,000
2022	$4,114 +2.3%	$20,000
2021	$4,022 +43%	$20,000 +58.4%
2020	$2,813 -0.2%	$12,629 -10%
2019	$2,819 +1.7%	$14,033
2018	$2,772 +1.9%	$14,033 +11.1%
2017	$2,719 +7.5%	$12,631
2016	$2,530 +9.3%	$12,631
2015	$2,315 +7.8%	$12,631 +9.2%
2014	$2,146 -10.1%	$11,567 -11.8%
2013	$2,386 +1.4%	$13,119
2012	$2,354 +1.1%	$13,119 -8.7%
2011	$2,329 -8.5%	$14,372 -8.2%
2010	$2,546 +4.4%	$15,649
2009	$2,440 -5.7%	$15,649 -13.3%
2008	$2,588 -3.3%	$18,043 -4.3%
2007	$2,677 -1.1%	$18,851
2006	$2,706 +16%	$18,851 +32%
2005	$2,333 +169.7%	$14,278
2004	$865 -11.1%	$14,278
2003	$973 -27.3%	$14,278 +91.8%
2002	$1,337 +42.5%	$7,443
2001	$938 -15.9%	$7,443
2000	$1,116 +0.4%	$7,443 -4.7%
1999	$1,111	$7,810

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: North Austin

Getting around

87 / 100

Very Walkable

62 / 100

Good Transit

54 / 100

Bikeable

Nearby schools

GreatSchools rating

3/10
Young Elementary School
Grades: PK-8Distance: 0.3 mi
1/10
Orr Academy High School
Grades: 9-12Distance: 2.1 mi

Schools provided by the listing agent

District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.