Real Broker LLC
Listed by Real Broker LLC
$739,000
1264 S Saint Louis Avenue
Details
APN 16232020370000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
Cap Rate 11.40%
NOI $85,595
Year Built 1906
Stories 3
Acreage 0.780
Zoning MULTI
Multifamily | 11.40% CAP | 6 Units
Marketing description
Turnkey 6-unit greystone. - all six units leased. Fixed-term leases in place into 2027 for stability, with near-term rent upside on the month-to-month units. New roof, rebuilt rear porch, two water heaters, tuckpointing, rear concrete parking pad, and refreshed units with refinished hardwood. CHA/Section 8 approved building-wide - dependable, government-backed rent. The 2024 Cook County reassessment is already appealed and resolved, with taxes documented through the current cycle. Finances cleanly via DSCR/commercial and covers debt service with room to spare. Full rent roll and P&L available to qualified buyers.
Listing Contacts
Real Broker LLC
Listed by Real Broker LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,595.00
$7,132.92/mo
Valuation Metrics
0
DSCR
11.58%
Cap Rate
11.58%
ROI
Map
Zoning
RT-4 ResidentialMulti FamilyResidential Two Flat Townhouse And Multi Unit District
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View all 49 uses
View all 49 uses Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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