Joseph Alvarado - Chicagoland Brokers Inc Logo
$3,600,000
( $197.63Per Sq Foot )
 $19,326 est/mo Sourced by Back At You

1217 S Independence Boulevard,Chicago, IL 60623

Chicago, IL 60623

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Description

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.

Details

MLS #12735613
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1926
Days On Site17
Listing Provided ByExit Infinity Realty | Brittany Hampton

Features

SQ Feet18,216
Story(s)3
Units36
ZoningMULTI
Acreage0.44

Exterior

Construction MaterialsBrick

Taxes

Tax Year2023
Tax Annual Amount39984

Area Information

StateIL
CountyCook
CityChicago
Zip Code60623
AreaCHI North Lawndale
Listing VS Median (in 60623)
Price:
$3,600,000
low | high
Med:
$207,000
100% of Average
sqft:
18,216
low | high
Med:
2,124
100% of Average
$ / sqft:
$198
low | high
Med:
$101
98.664518369867% of Average
On site:
17
low | high
Med:
77.5
21.935483870968% of Average
Sourced by Back At You

Market Activity 60623

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Learn More About This Property

Joseph Alvarado

Joseph Alvarado

Chicagoland Brokers Inc

 (224) 324-5472agentjoea@gmail.com
StateIL
CountyCook
CityChicago
Zip Code60623
AreaCHI North Lawndale
Listing VS Median (in 60623)
Price:
$3,600,000
low | high
Med:
$207,000
100% of Average
sqft:
18,216
low | high
Med:
2,124
100% of Average
$ / sqft:
$198
low | high
Med:
$101
98.664518369867% of Average
On site:
17
low | high
Med:
77.5
21.935483870968% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.7M - $4.5M
sqft: 13,500 - 22,500
Nearby Listings Property ImageNearby Listings Details
3721 W Flournoy Street Property Photo 1
$1,500,000
3721 W Flournoy Street
Chicago, IL 60624
Listing Updated: September 13, 2026 at 11:12:40 PM PDT

Joseph Alvarado - Chicagoland Brokers Inc