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  • $409,900

    1540 S Saint Louis Ave, Chicago, IL 60623

    8beds
    --sqft
    Multi Family
    Built in 1898
    -- sqft lot
    $429,600 Zestimate®
    $--/sqft
    $1,651 Estimated rent

    Home value

    $429,600

    $387,000 - $477,000

    $1,651/mo

    Zestimate® history
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    $1,651/mo

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    $1,651/mo

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    $2,938/mo

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    $2,938/mo

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    What's special

    Generous bedroomsUpdated kitchensGleaming hardwood floorsFormal dining room
    Incredible Investment Opportunity in North Lawndale! Don't miss your chance to own this beautifully updated and spacious Greystone 2-unit building in the heart of North Lawndale. Each unit features 4 generous bedrooms, a living room, formal dining room, gleaming hardwood floors, and updated kitchens. The property offers strong potential for both owner-occupants and savvy investors seeking consistent rental income. The first-floor unit is vacant and move-in ready, while the second-floor unit-currently owner-occupied-will be delivered vacant at closing. Separate utilities and a gas forced-air heating system provide added convenience and flexibility for tenants. This solid building is situated in a desirable, rapidly growing neighborhood. Whether you're looking to live in one unit and rent the other or fully lease both, this is a turnkey opportunity to generate cash flow and build equity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maria Rios 708-788-1900,

    Realty of America, LLC

    Bought with:

    Erika Villegas

    Re/Max In The Village

    Source: MRED as distributed by MLS GRID,MLS#: 12437690MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Owned
    Lot
    • Size: 3,125 Square Feet
    • Dimensions: 25X125
    Details
    • Parcel number: 16232230370000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone
    Condition
    • New construction: No
    • Year built: 1898

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Annual tax amount: $1,203
    • Date on market: 8/4/2025
    • Listing terms: VA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/1/2025Sold$409,900-2.4%
    Source: MRED as distributed by MLS GRID #12437690 Report a problem
    8/5/2025Contingent$419,900
    Source: MRED as distributed by MLS GRID #12437690 Report a problem
    8/4/2025Listed for sale$419,900+2.4%
    Source: MRED as distributed by MLS GRID #12437690 Report a problem
    7/9/2025Listing removed$409,900
    Source: MRED as distributed by MLS GRID #12383467 Report a problem
    6/23/2025Contingent$409,900
    Source: MRED as distributed by MLS GRID #12383467 Report a problem
    6/4/2025Listed for sale$409,900+41.3%
    Source: MRED as distributed by MLS GRID #12383467 Report a problem
    9/21/2023Sold$290,000-3%
    Source: MRED as distributed by MLS GRID #11808545 Report a problem
    6/20/2023Contingent$299,000
    Source: MRED as distributed by MLS GRID #11808545 Report a problem
    6/15/2023Listed for sale$299,000+2618.2%
    Source: MRED as distributed by MLS GRID #11808545 Report a problem
    3/2/2016Sold$11,000
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lawndale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $429,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $429,600