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1264 S Saint Louis Avenue
Chicago IL 60623 US

$675,000

Active Listing ID 12220007
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Lot: 0.78 Acres
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Other

$675,000

Active Listing ID 12220007
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1264 S Saint Louis Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.78 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 675000
  • unparsedaddress: 1264 S Saint Louis Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60623
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.78
  • lotsizeunits: Acres
  • lotsizearea: 0.78
  • livingarea: 5900
  • livingareaunits: Square Feet
  • listagentfullname: Thomas Hart
  • listagentemail: gene.hart@33realty.com
  • listagentkey: 3yd-MREDIL-186526
  • listagentmlsid: 186526
  • listagentpreferredphone: 2194658584
  • listagentofficephone: 7733274975
  • listofficekey: 3yd-MREDIL-84146
  • listagentstatelicense: 475149185
  • listofficemlsid: 84146
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1902
  • listingcontractdate: 2024-12-04
  • listagenturl: http://www.33realty.com
  • countyorparish: Cook
  • parcelnumber: 16232020370000
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Brick, Frame
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"33 Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"gene.hart@33realty.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@33realty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"33 Realty", "ListBrokeragePhone":"(773) 327-4975", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2636 N Lincoln", "ListBrokerageWebsiteUrl":"http://www.33realty.com", "ListOfficeAddress1":"357 W. Chicago Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"163227", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"info@33realty.com", "ListOfficePostalCode":"60654", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12220007/?channel=rexren", "MLSModificationTimestamp":"2024-12-09T01:53:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - North Lawndale"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4271, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/9/2024 8:32:27 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Thomas Hart, 33 Realty, gene.hart@33realty.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.