1418 S Saint Louis Avenue, Chicago, IL 60623

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1418 S Saint Louis Avenue,Chicago, IL 60623
$399,999
  • 8 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lluviccia gomez
Office: realty of america, llc.
MLS#:12564543
Source:MLSNI

Price summary

  • Price:$399,999

About this home

Great investment opportunity in North Lawndale!!!! This duplex offers strong income potential, along with an assumable 2.75percent FHA loan - subject to lender approval and the owner occupancy requirements. Ideal for buyers looking to maximize cash flow while securing a low interest rate. Perfect for buyers looking to help reduce their mortgage while generating rental income or investors seeking steady cash flow. Each unit offers four bedrooms and one bathroom, providing strong rental appeal. Both units are currently occupied, with one unit featuring long-term tenants and the other recently renovated and newly leased through April 2027 delivering immediate and stable income Recent improvements include a new roof 2024 and new HVAC system for one unit the property also includes an unfinished basement offering additional value add potential

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Home facts

  • Year built:1900
  • Listing ID #:12564543
  • Updated:May 15, 2026 at 10:47 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:16
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1900
  • Architectural Style:Greystone

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,999
  • Tax amount:$5,243 (2024)

Parking

  • Total parking spaces:2
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