Eight-Unit Multifamily
New
For Sale
$2,729,000
1209 E Madison Park Boulevard, Chicago, IL 60615
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.15 Acres
Days on Market4
Property Features for 1209 E Madison Park Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
32
Bathrooms
17
Full bathrooms
17
Rooms
Bedroom 17, Bedroom 27, Bedroom 10, Bathroom 11, Bathroom 13, Bedroom 5, Bathroom 10, Bathroom 15, Bedroom 2, Bedroom 19, Bedroom 3, Bedroom 16, Bathroom 2, Bedroom 31, Bedroom 25, Bathroom 4, Bathroom 9, Bedroom 9, Bedroom 18, Bathroom 17, Bedroom 7, Bedroom 21, Bathroom 1, Bathroom 16, Bedroom 4, Bathroom 7, Bathroom 6, Bedroom 29, Bedroom 26, Bathroom 14, Bedroom 20, Bedroom 32, Bedroom 8, Bedroom 14, Bedroom 12, Bedroom 22, Bathroom 8, Bedroom 30, Bedroom 23, Bathroom 3, Bedroom 1, Bathroom 12, Bathroom 5, Bedroom 11, Bedroom 13, Bedroom 28, Bedroom 15, Bedroom 24, Bedroom 6
Directions
1209 E. Madison Park east of Woodlawn Ave
Subdivision
CHI - Kenwood
Standard status
Active
APN
20112121430000
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
25879
Amenities
in-unit laundry
Building Details
Year built
1926
Floors in Building
3
Number of units
8
Listing Agency:
Chicago Real Estate Resources
(773) 327-9300
Listed By:
Steven Rapoport · License #471006648
(847) 863-2707
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 12 at 7:06AM
MLS# 12755416
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily offering comprises two back-to-back four-unit buildings at 1209 E Madison Park Boulevard and 1210 E Hyde Park Blvd. Together, the buildings contain 8 units, 37 bedrooms, and 19 bathrooms. The residences average 1,800 square feet and feature four- and five-bedroom layouts, in-unit laundry, renovated kitchens and baths, and original vintage details. The property was built in 1926 and occupies 0.1499 acres.
The buildings are located on the border of Chicago’s Hyde Park and Kenwood neighborhoods. All units are occupied, with leases extending through late 2026 and 2027. Five units are supported by Housing Choice Voucher contracts, while one original unit remains available for renovation. A utility reimbursement program has been established on recent leases and is planned for broader implementation across the buildings.
The buildings are located on the border of Chicago’s Hyde Park and Kenwood neighborhoods. All units are occupied, with leases extending through late 2026 and 2027. Five units are supported by Housing Choice Voucher contracts, while one original unit remains available for renovation. A utility reimbursement program has been established on recent leases and is planned for broader implementation across the buildings.
Key Highlights
- Two back‑to‑back 4‑unit buildings with 8 units
- 37 bedrooms and 19 bathrooms across the property
- Four- and five‑bedroom layouts averaging 1,800 square feet
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,775
Businesses Nearby
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Business Placement
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two connected buildings offer spacious layouts, in-unit laundry, updated kitchens and baths, and vintage architectural character.
Where is this multifamily property located?
The property is located at 1209 E Madison Park Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $2,729,000.
What are key features of this property?
This property features: Two back‑to‑back 4‑unit buildings with 8 units; 37 bedrooms and 19 bathrooms across the property; Four- and five‑bedroom layouts averaging 1,800 square feet
