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Three-Unit Multifamily Building
For Sale
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1268 S Saint Louis Avenue, Chicago, IL 60623

All residences are occupied and configured with three bedrooms and two bathrooms.

Property SizeContact for details
Days on Market143

Property Features for 1268 S Saint Louis Avenue

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 3 x 3BR/2BA
Multifamily Units 3

Additional Details

Gross Income $39,600

Building Details

Buildings 1
Listing Agency: KW Commercial Chicago - Lincoln Park
Listed By: Tracii Randolph · License #IL 475.186292
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 9:13PM

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 KW Commercial Chicago - Lincoln Park

Investment Insights

Based on property information with market context.

This three-unit residential income property contains three spacious apartments, each arranged with three bedrooms and two bathrooms. The units offer functional layouts and are currently occupied, providing an existing rental operation for the next owner.

Residents occupy the apartments on a month-to-month basis, with no written leases in place. The building is located at 1268 S Saint Louis Avenue in Chicago’s North Lawndale neighborhood. Its three-apartment configuration and consistent occupancy support continued use as a multifamily rental property.

Key Highlights

  • Three apartments, each with 3 bedrooms and 2 bathrooms
  • Currently fully occupied across all three units
  • Month‑to‑month tenancy with no leases in place

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Skin Care Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - All residences are occupied and configured with three bedrooms and two bathrooms.
Where is this triplex located?
The property is located at 1268 S Saint Louis Avenue Chicago, IL.
What are key features of this property?
This property features: Three apartments, each with 3 bedrooms and 2 bathrooms; Currently fully occupied across all three units; Month‑to‑month tenancy with no leases in place
(312) 914-6323 Call to check price and availability
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