Chicago, IL 60623 1540 S Saint Louis Avenue
$419,900



27 more




























Presented By: Realty of America, LLC
Home Details
Incredible Investment Opportunity in North Lawndale! Don't miss your chance to own this beautifully updated and spacious Greystone 2-unit building in the heart of North Lawndale. Each unit features 4 generous bedrooms, a living room, formal dining room, gleaming hardwood floors, and updated kitchens. The property offers strong potential for both owner-occupants and savvy investors seeking consistent rental income. The first-floor unit is vacant and move-in ready, while the second-floor unit-currently owner-occupied-will be delivered vacant at closing. Separate utilities and a gas forced-air heating system provide added convenience and flexibility for tenants. This solid building is situated in a desirable, rapidly growing neighborhood. Whether you're looking to live in one unit and rent the other or fully lease both, this is a turnkey opportunity to generate cash flow and build equity.
Presented By: Realty of America, LLC
Interior Features for 1540 S Saint Louis Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Full
Total Number of Units2
General for 1540 S Saint Louis Avenue
CityChicago
Construction MaterialsStone
ContingencyAttorney/Inspection
CountyCook
DirectionsOGDEN TO DRAKE, RIGHT ON 15TH, RIGHT ON ST. LOUIS TO PROP
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - North Lawndale
Middle/Junior School District299
ModificationTimestamp2025-08-05T08:02:23.212Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount1203
Tax Year2023
Total Rooms13
TownshipWest Chicago
Year Built1898
ZoningMULTI
Exterior for 1540 S Saint Louis Avenue
BuyerOfficeFax(708) 386-4328
Lot Dimensions25X125
Parking FeaturesOn Site, Owned
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
