1264 S Saint Louis Avenue
Chicago, IL, 60623
$729,000
5 Beds
2 Baths
0 SqFt
0.78 Acres
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MLS #MRD12696124 image #0
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.

Property Details

Price:
$729,000
MLS #:
MRD12696124
Status:
Active Under Contract
Beds:
5
Baths:
2
Type:
Commercial
Neighborhood:
chinorthlawndale
Listed Date:
Jul 6, 2026
Total Sq Ft:
5,900
Lot Size:
3,375 sqft / 0.78 acres (approx)
Year Built:
1906
Chi – North LawndaleChinorthlawndale

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Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick, Wood, Block
Roof
Reflective Coating
Stories
3

Financial

Maintenance Fee
$3,600
Net Operating Income
$85,595
Tax Year
2023
Taxes
$6,750

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 06, 2026
885
Commercial Listed
185
Avg DOM
$1,021,113
Avg List Price

Property Summary

    1264 S Saint Louis Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $729,000

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