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$749,000

  • For Sale
  • Active
  • Commercial
  • 5,900 Sq. Ft.
See This Home
Save This Home
See This Home
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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

Full Property Details for 1264 S St Louis Ave

General

  • Price: $749,000
  • HOA FEE: $3,600
  • Taxes: $4,271 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12524907
  • Updated: 12/4/2025
  • Added to Site: 50 day(s) ago

Interior

  • Basement: Unfinished

Additional Information

  • Security/Safety: Smoke or Fire Protectors

Location

  • Area: CHI - North Lawndale
  • County: Cook
  • Driving Directions: Homan Ave. to Roosevelt W to St Louis.
  • Location Details: In City Limits

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air, Gas, Separate per Unit

Utilities

  • Water: Municipal Water
  • Trash: 1920
  • Onsite: Sewer Connected

Structural Information

  • Construction: Brick, Wood, Block
  • Exterior Const.: Brick, Wood, Block
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation: Brick/Mortar, Concrete Perimeter
  • Roof: Reflective Coating
  • Stories/Levels: 3
  • Square Feet: 5,900
  • Current Bldg. Use: Multi-Family
  • Year Built: 1906
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 6

Lot Features

  • Lot Size (Acres): 0.78
  • Lot Size (Sq. Ft.): 3,375
  • Lot Dimensions: 27 x 135
  • Frontage: City Street
  • Potential Use: Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $3,600
  • Insurance Fee: $1,800
  • Operating Expenses: $23,986
  • Security Deposit: Smoke or Fire Protectors
  • Assessment Year: 1906
  • Tax Amount: $4,271
  • Tax Year: 2023
  • Tenant Pays: Electricity
  • Pays Electric: 504
  • Pays Trash: 1920

Disclosures and Reports

  • Documents Avail.: Appraisal, Rent Roll
  • Property ID: 16232020370000

Listed by Real Broker LLC

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Listing agent

— 1264 S St Louis Ave —

  • Real Broker LLC

(312) 607-7630

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1264 S St Louis Ave

School District:Chicago Public School District 299
NameGradesDistance
Lawndale Elementary Community Academy
3500 West Douglas Boulevard, Chicago, IL 60623
K-80.1 mi
Manley Career Academy High School
2935 West Polk Street, Chicago, IL 60612
12-110.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1264 S St Louis Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/28/2025
Listed
$749,000
13.83%
MLS
3/13/2025
Sold
$658,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1264 S St Louis Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,271
3%
$20,174
—
2022
$4,164
2%
$20,174
—
2021
$4,070
9%
$20,174
21%
2020
$3,723
-4%
$16,658
-13%
2019
$3,860
-3%
$19,148
-5%
2018
$3,975
-7%
$20,057
1%
2017
$4,278
8%
$19,807
—
2016
$3,967
9%
$19,807
—
2015
$3,630
-5%
$19,807
-4%
2014
$3,834
2%
$20,665
—
2013
$3,758
-7%
$20,665
-8%
2012
$4,025
—
$22,429
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1264 S Saint Louis Avenue, Chicago, IL 60623 (MLS# 12524907) is a Commercial property. 1264 S Saint Louis Avenue is currently listed for $749,000 and was received on November 28, 2025. Want to learn more about 1264 S Saint Louis Avenue? Do you have questions about finding other Commercial real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

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