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1438 S Saint Louis Avenue, Chicago, IL 60623
$750,000
1438 S Saint Louis Avenue, Chicago, IL 60623View this property at 1438 S Saint Louis Avenue, Chicago, IL 60623
1438 S Saint Louis AvenueChicagoIL60623
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Property Description
Discover the ultimate investment opportunity in North Lawndale! This captivating 7-unit multi-family property offers a blend of luxury and convenience. Recently renovated, each unit shines with modern upgrades, attracting cash-flowing tenants. With a mix of three and two-bedroom apartments, this property promises steady returns. Set in an up-and-coming area amidst new developments and renovations, it's poised for significant appreciation. Act now to secure this lucrative asset, poised to thrive as the neighborhood blossoms. Don't miss your chance to reap the rewards of this prime investment! Purchase with equity current appraisal is at 775k!! 3- 3br 4-2 br ... upgraded units
Full Property Details
Full Property Details for 1438 S St Louis Ave
General
- Price: $750,000
- Taxes: $8,023 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12011389
- Updated: 4/11/2024
- Added to Site: 25 day(s) ago
Location
- Area: CHI - North Lawndale
- County: Cook
- Driving Directions: GO WEST ON 1200 SOUTH ROOSEVELT RD TO SAINT LOUIS AVE, TURN SOUTH AND TRAVEL TO 1400 SOUTH, LOCATE THE ADDRESS.
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Trash: 2200
Structural Information
- Exterior Const.: Block, Stone
- Stories/Levels: 3
- Year Built: 1912
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 7
- Units w/Range/Oven: 7
Lot Features
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $7,704
- Operating Expenses: $13,400
- Assessment Year: 1912
- Tax Amount: $8,023.5
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Trash: 2200
Disclosures and Reports
- Property ID: 16232150260000
Listed by 5th Group Corp
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Schools
Schools serving 1438 S St Louis Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3615 W 16th St, Chicago, IL 60623 | PK-8 | 0.2 mi | |
2345 S Christiana Ave, Chicago, IL 60623 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1438 S St Louis Ave
Date
Details
Price
Change
Source
4/05/2024
Listed
$750,000
85.19%
MLS
6/27/2022
Sold
$405,000
—
Public Record
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
Tax History for 1438 S St Louis Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$11,203
2%
$54,284
—
2021
$10,952
64%
$54,284
81%
2020
$6,687
11%
$29,917
—
2019
$6,031
2%
$29,917
—
2018
$5,929
-4%
$29,917
5%
2017
$6,183
107%
$28,624
92%
2016
$2,992
9%
$14,940
—
2015
$2,738
—
$14,940
1%
2014
$2,751
2%
$14,829
—
2013
$2,697
1%
$14,829
—
2012
$2,661
—
$14,829
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1438 S St Louis Ave
1438 S Saint Louis Avenue, Chicago, IL 60623 (MLS# 12011389) is a Commercial property. 1438 S Saint Louis Avenue is currently listed for $750,000 and was received on April 05, 2024. Want to learn more about 1438 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.