1217 S Independence Boulevard
Chicago, IL, 60623
$3,600,000
5 Beds
2 Baths
0 SqFt
0.44 Acres
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$3,600,000
1217 S Independence Boulevard
Chicago, IL, 60623
MLS #MRD12735613 image #0MLS #MRD12735613 image #1MLS #MRD12735613 image #2MLS #MRD12735613 image #3MLS #MRD12735613 image #4MLS #MRD12735613 image #5MLS #MRD12735613 image #6MLS #MRD12735613 image #7MLS #MRD12735613 image #8MLS #MRD12735613 image #9MLS #MRD12735613 image #10MLS #MRD12735613 image #11MLS #MRD12735613 image #12MLS #MRD12735613 image #13MLS #MRD12735613 image #14MLS #MRD12735613 image #15MLS #MRD12735613 image #16MLS #MRD12735613 image #17MLS #MRD12735613 image #18MLS #MRD12735613 image #19MLS #MRD12735613 image #20MLS #MRD12735613 image #21MLS #MRD12735613 image #22MLS #MRD12735613 image #23MLS #MRD12735613 image #24
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 8, 2026
Total Sq Ft:
18,216
Lot Size:
19,200 sqft / 0.44 acres (approx)
Year Built:
1926
Chi – North LawndaleChinorthlawndaleNone

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
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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906
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Avg DOM
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Property Summary

    1217 S Independence Boulevard Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $3,600,000 To schedule a showing of MLS#mrd12735613 at 1217 S Independence Boulevard in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1217 S Independence Boulevard
Chicago, IL