1418 S Saint Louis Avenue, Chicago, IL 60623

  • Open House
  • New Listing
  • Virtual Tour
  • Coming Soon
  • Price Reduced

 $399,999

  • 8 BedroomBedrooms
  • 2 BathroomBathrooms
  • Sq.Ft.
  • Multi-Family
  • Active
  • MLS# 12564543
  • Floor Plan
  • Sold On
0 More Schedule

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

Property Details 1418 S Saint Louis Avenue, Chicago, IL, 60623

  • On Market Date: 02/09/2026
  • Year Built: 1900
  • MLS#: 12564543
  • Type: Multi-Family
  • Status: Active
  • Price: $399,999
  • City: Chicago
  • State: IL
  • Zip: 60623
  • County: Cook
  • Development: NO
  • Date Last Updated: 04/27/2026

Bedrooms

  • Beds: 8

Bathrooms

  • Total Bathrooms: 2
  • Basement: Yes
  • Pool: NO
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Heating: Natural Gas

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

Get Pre-Approved
 

Request Info / Schedule Showing

McColly Real Estate is powered by Burrow Services, Inc.