Eight-Unit Multifamily
1209 E Madison Park Boulevard, Chicago, IL 60615
For Sale
$2,729,000
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.15 Acres
Days on Market60
Property Features for 1209 E Madison Park Boulevard
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
in-unit laundry
renovated kitchens and baths
original vintage detail
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Chicago Real Estate Resources
Listed By:
Steven Rapoport · License #471006648
(773) 327-9300
Added: Sep 9
Changed: Oct 24
Last Checked: Nov 7 at 1:06PM
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.
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Investment Insights
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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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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
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Vacancy Rate% for Multifamily in Midwest region
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
