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Brick Triplex with Garages
For Sale
$575,000

2242 S Saint Louis Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market46

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 Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Parking 15
Parking features Owned, Driveway, Open, Garage
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
stainless steel appliances
jacuzzi
hardwood floors

Building Details

Year built 1890
Building materials Brick
Roof type Flat, Rubber
Listing Agency: Capital Investment Realty Group Inc
Listed By: Otis Lazich · License #471009343
Added: Aug 18 Changed: Sep 12 Last Checked: Oct 2 at 6:06AM
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.

This brick triplex at 2242 S Saint Louis Avenue includes two simplex apartments and one duplex-up residence. Each simplex unit offers 2bd/1ba, an eat-in kitchen, in-unit laundry, and stainless steel appliances. The duplex-up layout provides 3bd/2.1ba, hardwood floors, in-unit laundry, and a full bathroom with a Jacuzzi. The property also includes an attached garage, a separate rear garage, and additional driveway parking on a double lot.

Built in 1890 and heated by natural gas, the property is served by public water and public sewer and carries MULTI zoning. Its Chicago location offers proximity to Douglas Park, the Pink Line, and area amenities.

Key Highlights

  • Three‑unit brick property on a double lot
  • Two simplex units with 2bd/1ba, eat‑in kitchens, in‑unit laundry, and SS appliances
  • Duplex‑up unit with 3bd/2.1ba, HW floors, and a Jacuzzi in the full bathroom

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - 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 on a double lot; Two simplex units with 2bd/1ba, eat‑in kitchens, in‑unit laundry, and SS appliances; Duplex‑up unit with 3bd/2.1ba, HW floors, and a Jacuzzi in the full bathroom
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