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    Upgraded 6-Unit Multifamily Investment Property Title is generated by Realmo AI

    1264 S Saint Louis Avenue, Chicago, IL 60623

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    For Sale
    $749,000

    Turnkey Homan Square investment property with recent upgrades and strong income.

    Type:Commercial
    Lot size:
    0.78 Acres
    Added:
    Nov 28, 2025
    Days on Market:
    206
    Last Refresh:
    Apr 5 at 9:09 pm

    Property Features for 1264 S Saint Louis Avenue

    General Information

    Standard status
    Active
    Lot size
    0.78 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1906

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    Listing Contact
    CHRISTIAN GRIFFIN

    Listing agent CHRISTIAN GRIFFIN License #475171586

    Listing office REAL BROKER LLC

    Listing date Nov 28, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of REAL BROKER LLC

    HighLights

    • Turnkey investment property with strong income potential.
    • Extensive upgrades completed in 2020, including new roof and porch, plumbing, HVAC, and electrical systems.
    • Low operating expenses due to tenants paying for their own electric and gas.
    • Apartments refreshed with new paint, refinished hardwood floors, and upgraded bathrooms and appliances.
    • New concrete parking pad, modern glass front entry door, and fresh tuckpointing.
    • Two new water heaters and professionally resealed roof for improved efficiency and reduced maintenance.

    Overview

    This well-maintained 6-unit multi-family property is located in Homan Square. The building has been extensively updated to provide long-term stability, reduced maintenance costs, and strong income potential. Major improvements were completed in 2020, including a new roof and porch, along with upgraded plumbing, HVAC systems, and electricals throughout the building. Additional recent upgrades include a newly installed concrete parking pad in the rear, a modern glass front entry door for enhanced security, and fresh tuckpointing completed this year. Each apartment has been refreshed with new paint and beautifully refinished hardwood floors. Bathrooms and appliances were upgraded this year, and two new water heaters have been added for improved efficiency. The roof has also been professionally resealed. Residents are responsible for their own electric and gas, keeping operating expenses low for the owner. This property offers outstanding income potential and long-term value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7132
    Latitude
    41.8644

    FAQs

    What type of property is this?
    Apartment building - Turnkey Homan Square investment property with recent upgrades and strong income.
    Where is this apartment building located?
    The property is located at 1264 S Saint Louis Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: Turnkey investment property with strong income potential.; Extensive upgrades completed in 2020, including new roof and porch, plumbing, HVAC, and electrical systems.; Low operating expenses due to tenants paying for their own electric and gas.
    More about this property
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