Chicago, IL 60623 1264 S Saint Louis Avenue

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Presented By: Real Broker LLC
  • MLS# 12524907
  • 11/28/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • SQFT • 5,900

Home Details

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
Presented By: Real Broker LLC

Interior Features for 1264 S Saint Louis Avenue

Other Interior Features

BasementUnfinished

General for 1264 S Saint Louis Avenue

Additional Parcels Y/NNo
Cap Rate11.4
CityChicago
Construction MaterialsBrick, Wood, Block
CoolingWindow Unit(s)
CountyCook
Current UseMulti-Family
DirectionsHoman Ave. to Roosevelt W to St Louis.
ElectricCircuit Breakers, Service - 201 to 600 Amps
Electric Expense504
Fuel Expense
Gross Income117192
Insurance Expense4200
Lot Size Square Feet3375
MLS AreaCHI - North Lawndale
MaintenanceExpense3600
Net Operating Income85652
Number Of Units Total6
Operating Expense25680
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofReflective Coating
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount6750
Tax Year2023
Tenant PaysElectricity
Trash Expense1920
UtilitiesSewer Connected
Water Sewer Expense3600
Year Built1906
ZoningMULTI

Exterior for 1264 S Saint Louis Avenue

Building Area Total5900
Foundation DetailsBrick/Mortar, Concrete Perimeter
Frontage TypeCity Street
Lot Dimensions27 X 135
Lot Size Acres0.78
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $745,000
MLS#12524907
List Date 11/28/2025
Property Type Multi-Family
Phone 847.485.2500
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