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$625,000
Est. payment /mo
14 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
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
Zoning MULTI
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Roof Type Flat
Building
Foundation Stone
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
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Listed by Tahir Hafeez • Real People Realty