Skip To Content

1264 S Saint Louis Avenue

Chicago, IL 60623
  • $749,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 12524907
UPDATED: 106 min ago
$749,000
  • 0
    BEDS
  • 0.78
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1906
County:
Area:

School Ratings & Info

Description

Exceptionally Maintained and Upgraded 6-Unit Multi-Family Investment Property in Homan Square Discover a turnkey investment opportunity in the heart of Homan Square. This well-maintained 6-unit building has been extensively updated to provide long-term stability, reduced maintenance costs, and strong income potential. Major improvements were completed in 2020, including a new roof and porch, along with upgraded plumbing, HVAC systems, and electricals throughout the building. Additional recent upgrades include a newly installed concrete parking pad in the rear, a modern glass front entry door for enhanced security, and fresh tuckpointing completed this year. Each apartment has been refreshed with new paint and beautifully refinished hardwood floors. Bathrooms and appliances were upgraded this year, and two new water heaters have been added for improved efficiency. The roof has also been professionally resealed. Residents are responsible for their own electric and gas, keeping operating expenses low for the owner. Whether you're an experienced investor or entering the multi-family market for the first time, this property offers outstanding income potential and long-term value

Monthly Payment Calculator



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-02-16T13:19:08.907 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.chicagocityliving.com/homes/170958542
Print Image

1264 S Saint Louis Avenue Chicago, IL 60623

  • Price: $749,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 106 min ago
  • MLS #: 12524907
0
Beds
0
Baths
0
½ Baths
0.78
Acres
1906
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Exceptionally Maintained and Upgraded 6-Unit Multi-Family Investment Property in Homan Square Discover a turnkey investment opportunity in the heart of Homan Square. This well-maintained 6-unit building has been extensively updated to provide long-term stability, reduced maintenance costs, and strong income potential. Major improvements were completed in 2020, including a new roof and porch, along with upgraded plumbing, HVAC systems, and electricals throughout the building. Additional recent upgrades include a newly installed concrete parking pad in the rear, a modern glass front entry door for enhanced security, and fresh tuckpointing completed this year. Each apartment has been refreshed with new paint and beautifully refinished hardwood floors. Bathrooms and appliances were upgraded this year, and two new water heaters have been added for improved efficiency. The roof has also been professionally resealed. Residents are responsible for their own electric and gas, keeping operating expenses low for the owner. Whether you're an experienced investor or entering the multi-family market for the first time, this property offers outstanding income potential and long-term value
Exterior Features

Foundation Details Brick/MortarConcrete Perimeter Frontage Type City Street Outdoor Parking PavedPrivate LotParking On-Site Roof Reflective Coating Roof Structure FlatWood Joists

Interior Features

Basement Details Unfinished Cooling Window Unit(s) Heat Ventilation Forced AirGasSeparate Per Unit

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 5900 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit BreakersService - 201 to 600 Amps Fire Protection Smoke or Fire Protectors Gross Income 111000 Gross Scheduled Income 111000 Insurance Expense 1800 Location In City Limits Maintenance Expense 3600 Mls Actual Status Active Net Operating Income 87014 Operating Expense 23986 Ownership Types Limited Liability Corp Possible Use Multi-Family Tax Annual Amount 4271 Tax Year 2023 Tenant Pays Electricity Total Monthly Income 7600 Type Multi Family 5+ Utilities Sewer Connected Water Source Municipal Water Zoning MULTI

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Real Broker LLC: 217-960-8605.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-02-16T13:19:08.907 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_12524907-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_12524907-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_12524907-1.jpg
Logo
Leila Keene & Marjorie Allabastro Team | Baird & Warner
2526 N Lincoln Ave
Chicago IL, 60642