1264 S Saint Louis Avenue, Chicago, IL

$739,000

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0.78

Acres

About 1264 S Saint Louis Avenue

Turnkey 6-unit greystone. - all six units leased. Fixed-term leases in place into 2027 for stability, with near-term rent upside on the month-to-month units. This property has 15 bedrooms and 6 bathrooms. New roof, rebuilt rear porch, two water heaters, tuckpointing, rear concrete parking pad, and refreshed units with refinished hardwood. CHA/Section 8 approved building-wide - dependable, government-backed rent. The 2024 Cook County reassessment is already appealed and resolved, with taxes documented through the current cycle. Finances cleanly via DSCR/commercial and covers debt service with room to spare. Full rent roll and P&L available to qualified buyers.

Features of 1264 S Saint Louis Avenue

MLS® # 12696124
Price $739,000
Bathrooms 0.00
Acres 0.78
Year Built 1906
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 1264 S Saint Louis Avenue
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick, Wood, Block
Roof Reflective Coating
Foundation Brick/Mortar, Concrete Perimeter

Additional Information

Days on Market 10
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker LLC

Listing Map

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