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$625,000

Est. payment - /mo

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14 Beds

7 Baths

Active Under Contract

1428 S St Louis AVE Chicago, IL 60623

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12365992

Bedrooms 14

Year Built 1920

Annual Tax Amount $3,175

Tax Year 2023

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Welcome to 1428 S St Louis Ave, a fully updated, cash-flowing 4-unit property in Chicago's North Lawndale neighborhood. This solid brick building is completely occupied, generating $6,000 in monthly rental income, and is perfect for both investors seeking strong returns or owner-occupants looking to live in one unit while renting out the others. The building features three spacious 4-bedroom, 2-bathroom units, each renovated with modern finishes, updated kitchens with stainless steel appliances, stylish flooring, and contemporary bathrooms. The legal garden unit offers 2 bedrooms and 1 bathroom, also average condition and income-producing. Recent updates include new electrical, plumbing, HVAC systems, windows, and roof-offering low-maintenance ownership and long-term durability. Located near Douglas Park, public transit, and expressways, this property is in a prime area for continued appreciation and tenant demand. Whether you're building your investment portfolio or seeking to live onsite, 1428 S St Louis Ave delivers immediate income and long-term value. Schedule your private showing today-don't miss this opportunity to own a turnkey, income-generating gem!

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Tahir Hafeez of Real People Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106