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Brick Triplex with Garages
New
For Sale
$575,000

2242 S Saint Louis Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market4

Property Features for 2242 S Saint Louis Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 7, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 4
Parking 15
Parking features Garage, Owned, Driveway, Open
Patio and Porch features Porch
Elementary school Cardenas Elementary School
Middle school Cardenas Elementary School
High school Farragut Career Academy Senior H
Elementary school district 299
Middle school district 299
High school district 299
Directions 26TH STREET TO ST. LOUIS - N TO ADDRESS
Subdivision CHI - South Lawndale
Standard status Active
APN 16262010300000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6228

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

in-unit laundry

Building Details

Year built 1890
Building materials Brick
Roof type Rubber, Flat
Listing Agency: Capital Investment Realty Group Inc
Listed By: Otis Lazich · License #471009343
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 21 at 1:06AM
MLS# 12737067

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.

Built in 1890, this brick triplex includes two simplex residences with 2 bedrooms and 1 bathroom each, along with an upper duplex offering 3 bedrooms and 2.1 bathrooms. The simplex units feature eat-in kitchens, in-unit laundry, and stainless steel appliances. The duplex includes in-unit laundry, hardwood floors, and a jacuzzi in one full bathroom.

Parking includes an attached 1-car garage, a separate 5-car garage at the rear, and 4 additional spaces alongside the building. The property also has a porch, flat rubber roofing, natural gas heat, public water, and public sewer. Located at 2242 S Saint Louis Avenue in Chicago, the property is near Douglas Park, the Pink Line, and area amenities.

Key Highlights

  • Three‑unit brick property with two simplex residences and one upper duplex
  • Two simplex units each offer 2bd/1ba, eat‑in kitchens, in‑unit laundry, and SS appliances
  • Duplex‑up unit includes 3bd/2.1ba, hardwood floors, in‑unit laundry, and a jacuzzi

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm (Bike/Boat/Book/etc) Store Hotel & Motel HVAC Service

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

Location Intelligence

Trade Area within ½ mile

2,131
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit brick property with varied layouts, in-unit laundry, and on-site parking.
Where is this triplex located?
The property is located at 2242 S Saint Louis Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three‑unit brick property with two simplex residences and one upper duplex; Two simplex units each offer 2bd/1ba, eat‑in kitchens, in‑unit laundry, and SS appliances; Duplex‑up unit includes 3bd/2.1ba, hardwood floors, in‑unit laundry, and a jacuzzi
More about this property
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