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 |
| Taxes | $6,750 |
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 |
|---|---|
| New Construction | 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
| Office | Real Broker LLC |
|---|