Back 41638 North Lotus Avenue
Off Market

41638 North Lotus Avenue

Channel Lake IL 60002

4
3
7
3000 sq. ft.
0.37 ac.
Single-Family
Last sold for $299,000
Kristina BetancourtKristina Betancourt, last sold this property on 25 September 2026 after 84 days on market.

Overview

Whether you're looking for a permanent vacation or an addition to your portfolio. This solid brick home on an oversized .37-acre lot is the definition of "opportunity knocks." It's all about the water and the vibes. Set in a knit community, between Lake Marie and the channel. You're just minutes from Pelican Bay Marina, Your Boat Club, and local favorites like Toppers & Choppers Grill. Enjoy seasonal views of Lake Marie from the front and channel access right in the rear-perfect for dropping in a canoe or heading out for a day on the boat. Back at home, the entertaining space is unmatched. The grand sunken living room and foyer leads you to another massive family and dining room. While the massive yard features a fenced dog run, ensuring your four-legged friends enjoy the lake life just as much as you do and a deck, with opportunity to expand a larger front deck that wraps around the side of the home. For maximum outdoor entertaining space. The value-add potential here is massive. The basement is already framed with electrical and drywall in place, ready to be converted into an additional full bath, bedroom, and recreation space. The flexible floor plan, including two main-level bedrooms and two massive second-floor rooms with skylights, offers a seamless path to creating an in-law suite or a multi-generational setup. Many improvements over the past year, and a few include a fully redone kitchen, with flooring, cabinets, new appliances, and quartz countertops, partially updated 1/2 baths, new water softener, many rooms repainted, epoxy floors in the basement, nest thermostat, refinished hardwood floors, new carpet, new upstairs windows, new washer and dryer, and new water heater.

Features

4 bedrooms
3 bathrooms
7 carspaces
1 garage space
3000 sq. ft. floor area
0.37 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Channel Lake over the last 12 months, the estimated median property value of 41638 North Lotus Avenue is $443.5k.

Median value
$443.5k
Estimated value range
$140k - $1.41m
Median days on market
11
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Channel Lake. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 41638 North Lotus Avenue

2026
Sold
$299,000
25 Sep 2026 by Kristina Betancourt, of Compass
2025
Sold
$265,000
07 Apr 2025 by WILLIAM KARNER, of REMAX CityView | Chicago
2015
Sold
$76,000
25 Feb 2015 by Julian Taylor, of Goldtree Realty, Inc

Happy sellers in Channel Lake

60%
60% of sellers in Channel Lake reported that their sale price either exceeded or met their price expectations.

Channel Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Channel Lake over the last 12 months.

Local market activity for 4 bedroom single-family properties in Channel Lake

In the last 12 months, 91 four-bedroom single-family properties similar to 41638 North Lotus Avenue, have been sold.

This represents a 29% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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