1418 S Saint Louis Avenue
Chicago, IL, 60623
$399,999
8 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12564543 image #0
Great investment opportunity in North Lawndale!!!! This duplex offers strong income potential, along with an assumable 2.75percent FHA loan – subject to lender approval and the owner occupancy requirements. Ideal for buyers looking to maximize cash flow while securing a low interest rate. Perfect for buyers looking to help reduce their mortgage while generating rental income or investors seeking steady cash flow. Each unit offers four bedrooms and one bathroom, providing strong rental appeal. Both units are currently occupied, with one unit featuring long-term tenants and the other recently renovated and newly leased through April 2027 delivering immediate and stable income Recent improvements include a new roof 2024 and new HVAC system for one unit the property also includes an unfinished basement offering additional value add potential

Property Details

Price:
$399,999
MLS #:
MRD12564543
Status:
Active
Beds:
8
Baths:
2
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Feb 9, 2026
Year Built:
1900
GreystoneChi – North LawndaleChinorthlawndale

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Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Architectural Style
Greystone
Construction Materials
Brick
Parking Features
Yes
Parking Spots
2
Parking Total
2

Financial

Tax Year
2024
Taxes
$5,243

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of May 16, 2026
1,371
Multi Family Listed
79
Avg DOM
$515,111
Avg List Price

Property Summary

    1418 S Saint Louis Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $399,999

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1418 S Saint Louis Avenue
Chicago, IL