1540 S Saint Louis Avenue
Chicago, IL, 60623
$419,900
8 Beds
2 Baths
0 SqFt
0 Acres
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$419,900
1540 S Saint Louis Avenue
Chicago, IL, 60623
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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:
$419,900
MLS #:
MRD12437690
Status:
Active Under Contract
Beds:
8
Baths:
2
Type:
Multi Family
Neighborhood:
CHI – North Lawndale
Listed Date:
Aug 4, 2025
Year Built:
1898
Chi – North LawndaleChi – North Lawndale

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
$1,203
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Sep 03, 2025
1,476
Multi Family Listed
82
Avg DOM
$497,711
Avg List Price

Community

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Property Summary

    1540 S Saint Louis Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $419,900 To schedule a showing of MLS#mrd12437690 at 1540 S Saint Louis Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1540 S Saint Louis Avenue
Chicago, IL