Six-Unit Greystone Apartment
For Sale
$739,000
1264 S Saint Louis Avenue, Chicago, IL 60623
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.78 Acres
Days on Market50
Property Features for 1264 S Saint Louis Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
15
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 6, Bathroom 4, Basement, Bedroom 13, Bedroom 9, Bedroom 11, Bedroom 14, Bathroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 15, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 6, Bathroom 3, Bedroom 10, Bedroom 3, Bedroom 12
Basement
Unfinished
Directions
Homan Ave. to Roosevelt W to St Louis.
Subdivision
CHI - North Lawndale
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
Listing Agency:
Real Broker LLC
(217) 960-8605
Listed By:
Christian Griffin · License #475171586
(267) 241-1073
Added: Jul 6
Changed: Aug 20
Last Checked: Aug 24 at 2:06PM
MLS# 12696124
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.
Investment Insights
Based on property information with market context.
This six-unit apartment property in Chicago was built in 1906 and includes 15 bedrooms and 6 bathrooms. The building has a new roof, rebuilt rear porch, two water heaters, completed tuckpointing, and refreshed units with refinished hardwood floors. Window-unit cooling serves the apartments, and a rear concrete parking pad provides on-site parking.
All six units are leased, with fixed-term agreements extending into 2027 and additional month-to-month tenancy in the current rent structure. The building is approved for CHA/Section 8 occupancy throughout. The property occupies 0.78 acres and uses MULTI zoning, offering a clearly defined multifamily configuration with recent capital improvements already completed.
All six units are leased, with fixed-term agreements extending into 2027 and additional month-to-month tenancy in the current rent structure. The building is approved for CHA/Section 8 occupancy throughout. The property occupies 0.78 acres and uses MULTI zoning, offering a clearly defined multifamily configuration with recent capital improvements already completed.
Key Highlights
- 6‑unit apartment building with 15 bedrooms and 6 bathrooms
- All six units leased; fixed‑term leases extend into 2027
- Building‑wide CHA/Section 8 approval
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily property with updated major components, refreshed interiors, and building-wide CHA/Section 8 approval.
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 apartment building with 15 bedrooms and 6 bathrooms; All six units leased; fixed‑term leases extend into 2027; Building‑wide CHA/Section 8 approval
