Brick Quadplex Requiring
New
For Sale
$275,000
1541 S Saint Louis Avenue, Chicago, IL 60623
Vacant multifamily property with varied layouts, original hardwood floors, separate furnaces, and no garage.
Property SizeContact for details
Days on Market4
Property Features for 1541 S Saint Louis Avenue
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Property Condition
Severity
Repairs Needed
Evidence
in need of rehab
Units
Unit Mix
3 x 3BR/1.5BA, 1 x 1BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$6,555
Building Details
Year Built
1923
Construction
brick
Listing Agency:
Property Plug
Listed By:
Brianna Gulia
Source:
Dawnmckennagroup
Added: Sep 6
Changed: Sep 8
Last Checked: Sep 8 at 7:45AM
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 Property Plug
Investment Insights
Based on property information with market context.
This legal brick quadplex at 1541 S Saint Louis Ave contains four vacant units and is being sold as-is with existing violations. The property requires rehabilitation and includes three three-bedroom, 1.5-bath units plus a garden unit with one bedroom and one bath.
Each residence has separate living and dining rooms, additional sun rooms, and hardwood flooring. Individual furnaces serve the units. There is no garage, and the sale is subject to the property’s existing violations. The building was constructed in 1923 and is located in North Lawndale, Chicago.
Each residence has separate living and dining rooms, additional sun rooms, and hardwood flooring. Individual furnaces serve the units. There is no garage, and the sale is subject to the property’s existing violations. The building was constructed in 1923 and is located in North Lawndale, Chicago.
Key Highlights
- Legal brick quadplex with 4 vacant units
- Three 3‑bed, 1.5‑bath units plus a 1‑bed, 1‑bath garden unit
- Separate living and dining rooms with additional sun rooms
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Vacant multifamily property with varied layouts, original hardwood floors, separate furnaces, and no garage.
Where is this quadplex located?
The property is located at 1541 S Saint Louis Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Legal brick quadplex with 4 vacant units; Three 3‑bed, 1.5‑bath units plus a 1‑bed, 1‑bath garden unit; Separate living and dining rooms with additional sun rooms
