1217 S Independence Boulevard
Chicago, IL, 60623
$3,600,000
5 Beds
2 Baths
0 SqFt
0.44 Acres
Add
MLS #MRD12735613 image #0
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
Chi – North LawndaleChinorthlawndaleNone

Ask a Question

See this Listing

Send
  

Schools

Interior

Exterior

Construction Materials
Brick
Stories
3

Financial

HOA Includes
None
Maintenance Fee
$17,377
Net Operating Income
$301,647
Tax Year
2023
Taxes
$39,984

Map

Community

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

Similar Listings Nearby

broker reciprocity
MLS# MRD12770010broker reciprocity
2835 W Division Street
Chicago, IL

$4,100,000

2.8 miles away

broker reciprocity
MLS# MRD12697059broker reciprocity
210 S Desplaines Street
Chicago, IL

$4,000,000

4.0 miles away

broker reciprocity
MLS# MRD12313371broker reciprocity
3600 S Halsted Street
Chicago, IL

$3,550,000

2.1 miles away

broker reciprocity
MLS# MRD12263050broker reciprocity
2323 N Milwaukee Avenue
Chicago, IL

$3,300,000

4.2 miles away

broker reciprocity
MLS# MRD12700719broker reciprocity
1704 N Damen Avenue
Chicago, IL

$3,299,000

3.9 miles away

broker reciprocity
MLS# MRD12765431broker reciprocity
1960 W 13th Street
Chicago, IL

$3,000,000

2.3 miles away

broker reciprocity
MLS# MRD12740847broker reciprocity
5729 W Chicago Avenue
Chicago, IL

$2,999,999

3.3 miles away

broker reciprocity
MLS# MRD12591220broker reciprocity
7321 Madison Street
Forest Park, IL

$2,999,000

4.7 miles away

broker reciprocity
MLS# MRD12477623broker reciprocity
6 S Clark Street
Chicago, IL

$2,995,000

5.0 miles away

1217 S Independence Boulevard
Chicago, IL