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  • $409,900

    1540 S Saint Louis Ave, Chicago, IL 60623

    8beds
    --sqft
    Multi Family
    Built in 1898
    -- sqft lot
    $409,900 Zestimate®
    $--/sqft
    $1,543 Estimated rent

    Owner options

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    $1,543/mo

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    $1,543/mo

    Rent Zestimate®

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    $2,770/mo

    Est. payment

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    $2,770/mo

    Est. payment

    What's special

    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: 7 hours ago

    Listing updated: October 01, 2025 at 02:14pm

    Listing courtesy of:

    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 sqft
    • 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 & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: VA
    • Ownership: Fee Simple
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $409,900
    2% more+$8,198
    With Zillow Showcase(estimated)$418,098