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1264 S Saint Louis Ave
Chicago, IL 60623

1264 S Saint Louis · Multifamily Property For Sale · 6 Units

Executive Summary

33 Realty is pleased to present 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

PROPERTY FACTS

Price Per Unit $112,500
Sale Type Investment
Cap Rate 8.76%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.08 AC
Building Size 8,000 SF
No. Stories 3
Year Built/Renovated 1906/2017
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - -
3+1 3 - -

zoning

Zoning Code RT-4 (Apartment Building With 2 To 6 Units)
RT-4 (Apartment Building With 2 To 6 Units)
  • Listing ID: 34076196

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 1264 S Saint Louis Ave, Chicago, IL 60623

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