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$ 3,600,000
Est. payment | /mo
18,216 SqFt
$ 3,600,000
Est. payment | /mo
18,216 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 18,216 sqft
Price per Sqft $197
MLS Listing ID 12735613
Maintenance Fees $17,377
Year Built 1926
Annual Tax Amount $39,984
Tax Year 2023
Lot Size 0.440 Acres
Lot Dimensions 19200 sq ft
Property Sub-Type Multi Family 5+
Property 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.
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
Others
HOA Fee Include None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brittany Hampton of Exit Infinity Realty
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