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1418 S Saint Louis Avenue Chicago, IL 60623

$399,999
Active / MLS# 12564543 / Multi Unit - Multiple / Chicago
8 Beds
2 Baths

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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Baird & Warner Ryan Berndt Agent Cell: 517.962.9584 Email

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Estimated Payment

$ 1,442.39 per month $888.89 Principal & Interest $436.83 Property Tax $116.67 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas
Home Style: Greystone
Lot Size: 3,656 SQUARE FOOTAGE
Taxes: $5,242
Year Built: 1900

Feature Descriptions

Exterior: Brick
Lot Dimensions: 3,656 SQUARE FOOTAGE
Parcel#: 16232150200000
Parking: Yes
Sewer: Public Sewer
Total Rooms: 16
Township: West Chicago
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Realty of America, LLC

Listing Office Phone: 708-788-1900



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