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    Turnkey Six-Unit Greystone Title is generated by Realmo AI

    1264 S Saint Louis Avenue, Chicago, IL 60623

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    Claim this Listing
    New
    For Sale
    $739,000

    MULTI_FAMILY - Chicago, IL

    Lot size:
    0.78 Acres
    Added:
    Jul 6, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 6 at 7:06 pm

    Property Features for 1264 S Saint Louis Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MULTI
    Bedrooms
    15
    Bathrooms
    6
    Rooms
    Bedroom 4, Bedroom 7, Bedroom 6, Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 8, Bathroom 1, Bedroom 15, Bedroom 10, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 13, Bedroom 12, Bedroom 14, Bedroom 3, Bathroom 4, Bedroom 9, Bedroom 11, Basement, Bathroom 5
    Basement
    Unfinished
    Standard status
    Active
    APN
    16232020370000
    Lot size
    0.78 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    6750

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1906
    Floors in Building
    3
    Number of units
    6
    Building materials
    Brick, Wood, Block

    We can help!

    Contact an agent
    Christian Griffin

    Listing agent Christian Griffin License #475171586

    Listing office Real Broker LLC 50 S Main Street STE 200, New York, IL

    Listing date Jul 6, 2026

    MLS# 12696124 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 6‑unit greystone; all six units are leased
    • Fixed‑term leases in place into 2027, with near‑term rent upside on the month‑to‑month units
    • Building‑wide CHA/Section 8 approved for government‑backed rent
    • Recent improvements include new roof, rebuilt rear porch, tuckpointing, and a rear concrete parking pad
    • Utilities include two water heaters and window unit cooling
    • Refreshed units with refinished hardwood floors

    Overview

    Turnkey six-unit greystone at 1264 S Saint Louis Avenue, Chicago, IL 60623, with all six units currently leased. The property features fixed-term leases in place into 2027 for stability, along with near-term rent upside on the month-to-month units. Interior updates include refreshed units with refinished hardwood. Exterior and major systems improvements include a new roof, rebuilt rear porch, tuckpointing, two water heaters, and a rear concrete parking pad.

    The building is listed with MULTI zoning. It is CHA/Section 8 approved building-wide, providing government-backed housing program participation. The 2024 Cook County reassessment has been appealed and resolved, and taxes are documented through the current cycle.

    For buyers seeking a streamlined acquisition, the offering is presented with a full rent roll and P&L available to qualified buyers. Reported finances are supported through DSCR/commercial and are described as covering debt service with room to spare. Leases extending into 2027 and the ongoing Section 8 approval status may support operational planning for an owner-operator or investor looking for a managed, income-producing multifamily asset.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Bar & Pub HVAC Service Accounting Firm Hotel & Motel Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.713293
    Latitude
    41.864434

    FAQs

    What type of property is this?
    Apartment building - Fully leased six-unit building with fixed-term leases into 2027 and updated exterior and interior finishes.
    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 $739,000.
    What are key features of this property?
    This property features: 6‑unit greystone; all six units are leased; Fixed‑term leases in place into 2027, with near‑term rent upside on the month‑to‑month units; Building‑wide CHA/Section 8 approved for government‑backed rent
    More about this property
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