Chouteau Lofts is a 29-unit, 40,880 SF multifamily building at 4244 Chouteau Avenue in St. Louis's Forest Park Southeast neighborhood, currently 95% occupied. The unit mix includes four studios, thirteen one-bedroom/one-bath units, two two-bedroom/one-bath units, one two-bedroom/one-and-a-half-bath unit, and nine two-bedroom/two- bath units. Originally built in 1896, the building underwent a complete redevelopment between 2007 and 2009 that modernized all building systems, and every unit has since been updated. The location puts residents within one mile of BJC HealthCare and Barnes-Jewish Hospital, the region's largest employer with over 30,000 employees, and the Washington University Medical Campus, supporting a deep and durable renter pool. Nearby demand drivers include the Cortex Innovation Community, a 200-acre technology and bioscience district representing approximately $1.33 billion in development, along with Forest Park, Saint Louis University, and direct MetroLink access via the Cortex Station. In-place rents average $1,234 per unit per month against average market rents of $1,443, a $222 per unit monthly gap that an incoming owner can capture through disciplined lease execution as units turn.
Status: Active · MLS# 26071566 · Listing Courtesy of Salient Realty Group, LLC, [email protected]
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0 Bed
0 Bath
40,880 sq.ft
$0 per sq.ft
Historic
$ 3,950,000
Active
0
26071566
0
0
40,880
McRee Place 5114-A
St Louis City
St. Louis City
St Louis City
Residential Income
Historic
Residential Income
$27,065
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 4936 Berthold Avenue, St Louis City, MO 63110 | 0/0 | 2,304 | $310,000 | $295,000 95.2% of ask |
Nov 6, 2026 |
| 5332 Northrup Avenue, St Louis City, MO 63110 | 2/2 | 1,062 | $214,000 | $189,320 88.5% of ask |
Nov 5, 2026 |
| 4004 Blaine Avenue, St Louis City, MO 63110 | 4/3 | 2,544 | $425,000 | $445,000 104.7% of ask |
Nov 3, 2026 |
| 3805 Shenandoah Avenue, 1st floor, St Louis City, MO 63110 | 2/2 | 1,000 | $1,800 | $1,850 102.8% of ask |
Nov 1, 2026 |
| 3843 Russell Boulevard, St Louis City, MO 63110 | 3/4 | 2,488 | $575,000 | $651,000 113.2% of ask |
Oct 30, 2026 |
| 4206 Cleveland Avenue, St Louis City, MO 63110 | 4/3 | 2,998 | $499,900 | $499,900 100% of ask |
Oct 29, 2026 |
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