6-Unit Apartment
For Sale
$739,000
1264 S Saint Louis Ave, Chicago, IL 60623
Fully leased apartment property with fixed-term agreements extending into 2027.
Property Size5,900 SF
Price / SF$125.25
Days on Market26
Property Features for 1264 S Saint Louis Ave
General Information
Standard status
Active
Size
5,900 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
6
Building Details
Year Built
1906
Buildings
1
Construction
greystone
Tenancy
Multi
Listing Agency:
Real Broker LLC
(312) 607-7630
Listed By:
Christian Griffin · License #475171586
Source:
Saladinosells
Added: Aug 5
Changed: Aug 29
Last Checked: Aug 29 at 1:27PM
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
Investment Insights
Based on property information with market context.
This 5,900-square-foot apartment building, constructed in 1906, contains 6 units with 15 bedrooms and 6 bathrooms. Recent property work includes a new roof, a rebuilt rear porch, tuckpointing, two water heaters, a rear concrete parking pad, and refreshed interiors with refinished hardwood floors.
The building is CHA/Section 8 approved throughout. All six units are leased, with fixed-term agreements extending into 2027 and month-to-month tenancy providing near-term rent upside. The 2024 Cook County reassessment appeal has been resolved, and taxes are documented through the current cycle. Located at 1264 S Saint Louis Ave in Chicago, the property also includes a full rent roll and P&L for qualified buyers.
The building is CHA/Section 8 approved throughout. All six units are leased, with fixed-term agreements extending into 2027 and month-to-month tenancy providing near-term rent upside. The 2024 Cook County reassessment appeal has been resolved, and taxes are documented through the current cycle. Located at 1264 S Saint Louis Ave in Chicago, the property also includes a full rent roll and P&L for qualified buyers.
Key Highlights
- 6 units with 15 bedrooms and 6 bathrooms
- 5,900 SF apartment building constructed in 1906
- All six units leased; fixed‑term leases extend into 2027
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased apartment property with fixed-term agreements extending into 2027.
Where is this apartment building located?
The property is located at 1264 S Saint Louis Ave Chicago, IL.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: 6 units with 15 bedrooms and 6 bathrooms; 5,900 SF apartment building constructed in 1906; All six units leased; fixed‑term leases extend into 2027
