1537 South St Louis Avenue

Chicago, IL 60623

$495,000
Last Sold Price
48
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent investment opportunity in a fully rented 6 unit building that offers positive cash flow. Units have been updated and fully painted.Excellent investment opportunity in a fully rented 6 unit building that offers positive cash flow. Units have been updated and fully painted.
  1. Listed by Chris Gibala • @properties

Sold By The Horvay Group LLC

Property Details for 1537 South St Louis Avenue

Area
CHI - North Lawndale
Township
Jefferson
Num Of Parking Spaces
0.0
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 07/23/2021 09:54 AM

Property Details for 1537 South St Louis Avenue

StatusClosed
MLS #11037752
Days on Market112
Taxes$3,830 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1913
Lot Size0.10 AC / 4,500 SF
CountyCook County

Location

Add your commute

Building Information for 1537 South St Louis Avenue

Stories-Residences6Year Built1913Building Size-Lot Size0.10 AC / 4,500 SF

Payment Calculator

$3,021 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$319

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1537 South St Louis Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required
  • Postal Code Plus 4: 2112
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • # Of Washers: 0
  • Basement Description: Unfinished
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit
  • # Of Window/Ac: 0
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Balcony/ies
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 36X125
  • Lot Size Square Feet: 4500.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat
  • Foundation Details: Stone
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2021-03-31T16:03:45
  • Photos Count: 17
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $240.00
  • Fuel Expense: $.00
  • Gross Income: $81,168.00
  • Gross Scheduled Income: $81,168.00
  • Insurance Expense: $4,800.00
  • Maintenance Expense: $200.00
  • Expense Year: 2020
  • Total Annual Expense Source: Actual
  • Janitor Expense: 0
  • Total Monthly Income: 6764
  • Net Operating Income: $.00
  • Operating Expense: $7,880.00
  • Other Expense: $.00
  • Trash Expense: $80.00
  • Water Sewer Expense: $250.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 5
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 1350
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 2: 5
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 1200
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 3
  • # Of Rooms - Unit 3: 5
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 1172
  • Monthly Income Max - 3: 1172
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 4
  • # Of Rooms - Unit 4: 4
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 1000
  • Monthly Income Max - 4: 1000
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 5
  • # Of Rooms - Unit 5: 4
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 1041
  • Monthly Income Max - 5: 1041
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 6
  • # Of Full Bthrms - Type 6: 1
  • Monthly Income - 6: 1000
  • Monthly Income Max - 6: 1000
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 1537 South St Louis Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1537 South St Louis Avenue

Taxable ValueLand$5,287Additions$14,712Total$19,999
Tax Record2022$4,127 ($344 / month)
Home Facts
Baths6Total Finished SqFt5,916 SqFtAbove Grade Finished SqFt5,916 SqFtStories3Lot Size4,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyCOOKAPN16-23-224-014

Schools near 1537 South St Louis Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - K to 8
Rating
School
Distance
Johnson Elementary School
PublicPK to 8

Manley Career Academy High School
Public9 to 12

North Lawndale Prep Chtr - Christ
Charter9 to 12

Legacy Elementary Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 07/23/2021 09:54 AM. 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.