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$460,000

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
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Step into a rare investment opportunity in the heart of North Lawndale with this beautifully updated Greystone, designed to deliver both modern comfort and strong income potential. This 3-unit building offers a first-floor 4 bed/1 bath fully renovated in 2023 with new kitchens, baths, flooring, and carpet. The second-floor 5 bed/1 bath was refreshed in 2025, while the garden-level 3 bed/1 bath requires only minor finishing touches. Recent upgrades include three new water heaters (2023) and a roof replaced just four years ago. Additional features include storage space with laundry hookups for extra income. With convenient access to the CTA, major highways, and neighborhood redevelopment, this property is an excellent opportunity for both investors and owner-occupants seeking a turnkey, high-potential asset

Full Property Details for 1549 S St Louis Ave

General

  • Price: $460,000
  • Taxes: $2,153 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12481964
  • Updated: 10/21/2025
  • Added to Site: 113 day(s) ago

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 12

Parking

  • Total Spaces: 3
  • Parking Features: Unassigned, On Site, Owned
  • Parking On-Site: Yes

Location

  • Area: CHI - North Lawndale
  • County: Cook
  • Township: West Chicago
  • Driving Directions: Independence south to St Louis and go south to property

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Year Built: 1900
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Assessment Year: 1900
  • Tax Amount: $2,153.36
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16232240180000

Listed by Hunter's Realty, Inc.

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— 1549 S St Louis Ave —

  • Hunter's Realty, Inc.

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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 1549 S St Louis Ave

School District:Chicago Public School District 299
NameGradesDistance
Johnson Elementary School, Chicago, IL
1420 South Albany Avenue, Chicago, IL 60623
PK-80.5 mi
Manley Career Academy High School
2935 West Polk Street, Chicago, IL 60612
12-111 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 1549 S St Louis Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/15/2025
Price Reduced
$460,000
-2.13%
MLS
9/26/2025
Listed
$470,000
27.03%
MLS
6/30/2023
Sold
$370,000
—
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 1549 S St Louis Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,153
3%
$10,171
—
2022
$2,099
-13%
$10,171
-15%
2021
$2,421
-21%
$11,999
-13%
2020
$3,071
-2%
$13,739
-13%
2018
$3,130
-2%
$15,793
—
2019
$3,184
-15%
$15,793
-9%
2017
$3,768
8%
$17,442
—
2016
$3,493
9%
$17,442
—
2015
$3,196
-5%
$17,442
-4%
2014
$3,368
2%
$18,155
—
2013
$3,302
1%
$18,155
—
2012
$3,258
—
$18,155
—
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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Listed by Hunter's Realty, Inc.

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Listed by Wilonda Cannon and Jordin Johnson

1549 S Saint Louis Avenue, Chicago, IL 60623 (MLS# 12481964) is a Multi-Family property with 3 units containing 12 bedrooms and 0 full bathrooms. 1549 S Saint Louis Avenue is currently listed for $460,000 and was received on September 26, 2025. Want to learn more about 1549 S Saint Louis Avenue? Do you have questions about finding other Multi-Family 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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