Chicago, IL 60623,1264 S Saint Louis Avenue
Chicago, IL 60623,1264 S Saint Louis Avenue
Chicago, IL 60623,1264 S Saint Louis Avenue
Chicago, IL 60623,1264 S Saint Louis Avenue
Chicago, IL 60623,1264 S Saint Louis Avenue
Chicago, IL 60623,1264 S Saint Louis Avenue
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$ 675,000
Est. payment | /mo

5,900 SqFt


Save
$ 675,000
Est. payment | /mo
Save

5,900 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $114

MLS Listing ID 12220007

Year Built 1902

Annual Tax Amount $4,271

Tax Year 2023

Lot Size 0.780 Acres

Lot Dimensions 27 X 125

Property Description

We are pleased to present for sale 1264 S. Saint Louis Avenue, a 6-unit multi-family investment property opportunity in Homan Square. The property was extensively rehabbed in 2017 and consists of three 2-bed / 1-bath and three 3-bed / 1-bath apartments with individual gas-forced heat and hot water tanks. The residents are responsible for individual electric and gas responsibilities. 2017 rehab included: electric upgrade to 400 amp, new masthead, plumbing, waste & supply lines, HVAC, masonry, meters, replaced joists where needed, windows, unit interiors - all per plans permits approved by city of Chicago. There is significant opportunity for a new operator to bring rents to market to increase the in-place cap rate of 8.95 to 12.80.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace Y

Exterior

Utilities Available Sanitary Sewer, Water-Municipal

View Y/N true

Roof Type Reflective Coating

Building

Foundation Brick/Mortar, Concrete Perimeter

Structure Type Brick,Wood Frame

Others

HOA Fee Include None

Listed by Thomas Hart • 33 Realty
agent-avatar

+1(262) 960-2899

levittsells@gmail.com

101 Broad St Unit 102, Geneva, WI, 53147, United States

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