1264 S Saint Louis - 6-Unit Investment Property

1264 S Saint Louis Ave, Chicago, IL 60623

  • For Sale $675,000
  • Property Type Multi-Family
  • Property Size 8,000 SF
  • Units 6
  • Lot Size 0.08 Acre
  • Building Class C
  • Year Built 1905
  • Year Renovated 2017
  • Date Updated Feb 7, 2025
6-unit multi-family investment property in Homan Square33 Realty is pleased to present for sale 1264 S. Saint Louis Avenue, a 6-unit multi-family investment property opportunity in Homan Square. The property was extensively rehabbed in 2017 and consists of three 2-bed / 1-bath and three 3-bed / 1-bath apartments with individual gas-forced heat and hot water tanks. The residents are responsible for individual electric and gas responsibilities. 2017 rehab included: electric upgrade to 400 amp, new masthead, plumbing, waste & supply lines, HVAC, masonry, meters, replaced joists where needed, windows, unit interiors - all per plans permits approved by city of Chicago. There is significant opportunity for a new operator to bring rents to market to increase the in-place cap rate of 8.95% to 12.80%
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Highlights

  • 2017 gut-rehab
  • All units occupied by CHA
  • 3 3-bed / 2 2-bed units

Contacts

broker
Gene Hart

33 Realty

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable

  • Transit Score ®

    66/100 Good Transit

  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood North Lawndale
  • Zip Code 60623
  • Market Chicago

Points of Interest

  • Central Park

    0.73 miles

  • Kedzie

    0.81 miles

  • Kostner

    1.27 miles

  • Cicero

    1.81 miles

  • 54th/Cermak

    2.40 miles

  • Uber Tent

    2.47 miles

  • Ashland

    3.02 miles

  • UIC-Halsted (Morgan Street)

    3.26 miles

  • UIC-Halsted (Peoria Street)

    3.37 miles

  • Halsted Street

    3.41 miles

  • GoLo

    0.32 miles

  • BP

    0.39 miles

  • Shell

    0.61 miles

  • Citgo

    0.64 miles

  • Exxon

    0.94 miles

  • Marathon

    1.01 miles

  • Power Gas Station

    1.07 miles

  • Amoco

    1.15 miles

  • EVgo

    2.35 miles

  • Electrify America

    3.08 miles

  • Visitor Parking

    1.73 miles

  • Lot W5

    1.77 miles

  • Lot A4

    1.97 miles

  • Visitor Paerking

    1.98 miles

  • Lot A3

    2.00 miles

  • Lot B2

    2.03 miles

  • Lot C4

    2.04 miles

  • Lot B4

    2.07 miles

  • Shamrock Motel

    1.65 miles

  • Karavan Motel

    1.69 miles

  • Hyatt Place Chicago - Medical / University District

    2.16 miles

  • Hyatt House Chicago - Medical / University District

    2.22 miles

  • Cindy Lyn Motel

    2.46 miles

  • Courtyard by Marriott Chicago at Medical District / UIC

    2.51 miles

  • Hotel Chicago West Loop

    2.52 miles

  • Hyatt House

    3.26 miles

  • Alexandra's place

    3.44 miles

  • Holiday Jones

    3.44 miles

  • Popeyes

    0.12 miles

  • Soule

    0.19 miles

  • Taco Bell

    0.22 miles

  • McDonald's

    0.40 miles

  • Checkers

    0.41 miles

  • Subway

    0.42 miles

  • The SoulFood Lounge

    0.53 miles

  • New Pine Valley Restaurant

    0.73 miles

  • Dunkin'

    0.98 miles

  • Lou Malnati's Pizzeria

    0.99 miles

  • Lawndale Community Academy

    0.08 miles

  • KIPP Ascend North Lawndale

    0.27 miles

  • Herzl Elementary School

    0.33 miles

  • Henry Ford Academy: Power House High

    0.36 miles

  • Olive Child-Parent Center

    0.43 miles

  • Saint Agathas School

    0.44 miles

  • Dvorak Elementary School

    0.44 miles

  • North Lawndale College Prep Charter - Christiana

    0.47 miles

  • Gregory Elementary School

    0.49 miles

  • Johnson Elementary School

    0.53 miles

  • Herzl Child-Parent Center

    0.38 miles

  • Our Lady of Lourdes Child Development Center

    0.87 miles

  • Dorie Miller Child Parent Center

    0.89 miles

  • YMCA Child Care

    1.16 miles

  • New Zion Childcare Academy

    1.98 miles

  • Adams Street Child Care Center

    2.14 miles

  • Taylor Tots

    2.64 miles

  • Kid City

    2.73 miles

  • Luis Munoz Marin Primary Center

    2.86 miles

  • John & Mary Madden Center

    2.93 miles

Frequently Asked Questions

How much does 1264 S Saint Louis - 6-Unit Investment Property cost?

The space currently listed for sale at 1264 S Saint Louis - 6-Unit Investment Property asks for $675,000.

What is the total square footage of 1264 S Saint Louis - 6-Unit Investment Property?

1264 S Saint Louis - 6-Unit Investment Property totals 8,000 square feet.

When was this property built?

1264 S Saint Louis - 6-Unit Investment Property was built in 1905.

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Contact Listing Broker
broker
Gene Hart

33 Realty

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