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$409,900
8
beds
2
baths

1540 S Saint Louis Avenue
Chicago, Illinois 60623

Closed / MLS #12437690 / Multiple Unit (2-4) / North Lawndale
Listing information updated 10/28/2025 at 3:23pm
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.
Exterior Type:
Stone
Basement:
Unfinished,Full
Beds Above Grade:
8
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Parking Type:
On Site,Owned
Parking Spaces:
2
Room Count:
13
Water Front:
No
Square Feet:
N/A
Lot Size:
Standard Chicago Lot
Tax Amount:
$1,203
Tax Year:
2023
Zip Code:
60623
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Realty of America, LLC

Listing Office Phone: 708.788.1900

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/28/2025 at 3:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

CTA

CTA
Green line at Kedzie
CTA
Pink line at Central Park
$305,497
Average Sale Price
100
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1540 S Saint Louis Avenue, Chicago, IL 60623
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1540 S Saint Louis Avenue, Chicago, IL 60623 is a multiple unit (2-4) which sold for $409,900. 1540 S Saint Louis Avenue features 8 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since August 4th, 2025 and was built in 1898. The nearest transit stops include Kedzie CTA Green line.

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