Step into a rare investment opportunity in the heart of North Lawndale with this beautifully updated Greystone, designed to deliver both modern comfort and strong income potential. This 3-unit building offers a first-floor 4 bed/1 bath fully renovated in 2023 with new kitchens, baths, flooring, and carpet. The second-floor 5 bed/1 bath was refreshed in 2025, while the garden-level 3 bed/1 bath requires only minor finishing touches. Recent upgrades include three new water heaters (2023) and a roof replaced just four years ago. Additional features include storage space with laundry hookups for extra income. With convenient access to the CTA, major highways, and neighborhood redevelopment, this property is an excellent opportunity for both investors and owner-occupants seeking a turnkey, high-potential asset
Active
Price cut: $10K (10/15)
$460,000
1549 S Saint Louis Ave, Chicago, IL 60623
12beds
--sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$459,100 Zestimate®
$--/sqft
$-- HOA
What's special
Modern comfortBeautifully updated greystoneNew kitchensStorage spaceLaundry hookups
- 76 days |
- 169 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: October 20, 2025 at 10:07pm
Listing courtesy of:
Kaela Clay 773-619-2965,
Hunter's Realty, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12481964
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 3
- Parking features: Unassigned, On Site, Owned
Lot
- Size: 3,125 Square Feet
- Dimensions: 25 X 125
Details
- Parcel number: 16232240180000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $101,710
- Annual tax amount: $2,153
- Date on market: 9/26/2025
- Ownership: Fee Simple
Estimated market value
$459,100
$436,000 - $482,000
$1,690/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Price change | $460,000-2.1% |
Source: | ||
| 9/26/2025 | Listed for sale | $470,000+27% |
Source: | ||
| 6/30/2023 | Sold | $370,000+6% |
Source: | ||
| 5/16/2023 | Contingent | $349,000 |
Source: | ||
| 5/14/2023 | Listed for sale | $349,000+125.2% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,153 +2.6% | $10,171 |
| 2022 | $2,099 -13.3% | $10,171 -15.2% |
| 2021 | $2,421 -21.2% | $11,999 -12.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,145/mo
Principal & interest
$2263
Property taxes
$721
Home insurance
$161
Climate risks
Neighborhood: Lawndale
Nearby schools
GreatSchools rating
- 6/10Johnson Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Manley Career Academy High SchoolGrades: 9-12Distance: 1 mi
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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