Excellent investment opportunity to acquire a 36-unit multifamily property at 1217 S Independence Blvd as part of a 51-unit portfolio package with the companion 15-unit Flournoy property. Properties are being offered together as a package and are not intended to be sold separately. Independence is listed at $3,600,000 and Flournoy at $1,500,000, for a combined portfolio price of $5,100,000. The property includes a mix of occupied and vacant units, offering immediate income with additional potential through increased occupancy. Owner pays heat, water and garbage; tenants are responsible for remaining utilities. Convenient North Lawndale location near Roosevelt Road, public transportation, major thoroughfares and neighborhood amenities. Financial information and additional property details are available to qualified buyers. Package sale provides investors an opportunity to acquire 51 units across two multifamily assets in one transaction.
Property Details
Price:
$3,600,000
MLS #:
MRD12735613
Status:
Active
Beds:
5
Baths:
2
Type:
Commercial
Neighborhood:
chinorthlawndale
Listed Date:
Sep 7, 2026
Total Sq Ft:
18,216
Lot Size:
19,200 sqft / 0.44 acres (approx)
Year Built:
1926
See this Listing
Schools
Interior
Exterior
Construction Materials
Brick
Stories
3
Financial
HOA Includes
None
Maintenance Fee
$17,377
Tax Year
2023
Taxes
$39,984
Map
Community
- Address1217 S Independence Boulevard Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
Market Summary
Current real estate data for Commercial in Chicago as of Oct 04, 2026
907
Commercial Listed
185
Avg DOM
$1,020,477
Avg List Price
Property Summary
- 1217 S Independence Boulevard Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $3,600,000
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Copyright 2026. All rights reserved.
1217 S Independence Boulevard
Chicago, IL


