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$995,000
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Property Description
A Rare Little Village Investment Opportunity - Exceptional 9-Unit Building including Storefront & Additional Side Lot. A truly exceptional opportunity to own one of Little Village's most beautifully maintained and distinguished 9-unit properties, complete with a storefront and an impressive additional lot. This fully occupied building is in immaculate condition and features long-term tenants, offering an attractive investment with established rental history and strong pride of ownership. The property showcases a thoughtful blend of recent updates and desirable features, including five updated units completed within the past year and many new windows installed in 2026. All units are equipped with forced-air heating, while four units offer the added comfort of central air conditioning. Tenants are responsible for their own utilities, further enhancing the property's investment appeal. Additional highlights include partial finished basement, two garages, and a gorgeous adjacent lot, creating an exceptional package with valuable space and versatility. Ideally situated near an array of neighborhood conveniences, shopping, dining, transportation, and everyday amenities. Meticulously maintained, fully rented, and positioned in a desirable Little Village location, this is a rare opportunity for an investor seeking a property that combines income, condition, location, and long-term potential. OFFERED FOR SALE AS-IS.
Full Property Details
Full Property Details for 2701 S St Louis Ave
General
- Price: $995,000
- Taxes: $11,808 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12729142
Interior
- Basement: Finished, E
Location
- Area: CHI - South Lawndale
- County: Cook
- Township: Lake
- Driving Directions: 26th St to Drake, south to 27th St, east to property.
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Trash: 4367
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Square Feet: 7,950
- Current Bldg. Use: Multi-Family
- Year Built: 1905
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,348
- Lot Dimensions: 50 x 125
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $5,500
- Operating Expenses: $40,200
- Assessment Year: 1905
- Tax Amount: $11,808.57
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 1992
- Pays Trash: 4367
Disclosures and Reports
- Property ID: 16264100010000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 2701 S St Louis Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ortiz De Dominguez Elementary School 3000 South Lawndale Avenue, Chicago, IL 60623 | PK-2 | 0.4 mi |
Gary Elementary School, Chicago, IL 3740 West 31st Street, Chicago, IL 60623 | 3-8 | 0.5 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 2701 S St Louis Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,951
—
$58,776
39%
2023
$8,951
3%
$42,425
—
2022
$8,726
2%
$42,425
—
2021
$8,531
-13%
$42,425
-3%
2020
$9,756
11%
$43,796
—
2019
$8,799
2%
$43,796
—
2018
$8,651
34%
$43,796
46%
2017
$6,471
7%
$30,058
—
2016
$6,020
9%
$30,058
—
2015
$5,508
-15%
$30,058
-14%
2014
$6,449
2%
$34,758
—
2013
$6,322
1%
$34,758
—
2012
$6,237
—
$34,758
—
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 2701 S St Louis Ave
2701 S Saint Louis Avenue, Chicago, IL 60623 (MLS# 12729142) is a Commercial property. 2701 S Saint Louis Avenue is currently listed for $995,000 and was received on August 13, 2026. Want to learn more about 2701 S Saint Louis Avenue? Do you have questions about finding other Commercial real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

