$409,900
1540 S Saint Louis Avenue
Chicago, IL, 60623
Incredible Investment Opportunity in North Lawndale! Don’t miss your chance to own this beautifully updated and spacious Greystone 2-unit building in the heart of North Lawndale. Each unit features 4 generous bedrooms, a living room, formal dining room, gleaming hardwood floors, and updated kitchens. The property offers strong potential for both owner-occupants and savvy investors seeking consistent rental income. The first-floor unit is vacant and move-in ready, while the second-floor unit-currently owner-occupied-will be delivered vacant at closing. Separate utilities and a gas forced-air heating system provide added convenience and flexibility for tenants. This solid building is situated in a desirable, rapidly growing neighborhood. Whether you’re looking to live in one unit and rent the other or fully lease both, this is a turnkey opportunity to generate cash flow and build equity.
Property Details
Price:
$409,900
MLS #:
MRD12383467
Status:
Active
Beds:
8
Baths:
2
Address:
1540 S Saint Louis Avenue
Type:
Multi Family
Neighborhood:
CHI – North Lawndale
City:
Chicago
Listed Date:
Jun 4, 2025
State:
IL
ZIP:
60623
Year Built:
1898
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Stone
Parking Features
On Site, Owned
Parking Spots
2
Financial
Tax Year
2023
Taxes
$1,144
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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1540 S Saint Louis Avenue
Chicago, IL
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