IL > Chicago
Chicago, IL 60623,1256 S Independence BLVD
Chicago, IL 60623,1256 S Independence BLVD
Chicago, IL 60623,1256 S Independence BLVD
Chicago, IL 60623,1256 S Independence BLVD
Chicago, IL 60623,1256 S Independence BLVD
Chicago, IL 60623,1256 S Independence BLVD
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
1
Jun
Mon
2
Jun
Tue
3
Jun
Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 1,750,000
Est. payment | /mo
Save
$ 1,750,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12284241

Maintenance Fees $18,000

Year Built 1909

Annual Tax Amount $24,754

Tax Year 2022

Lot Dimensions 56X158

Property Sub-Type Multi Family 5+

Property Description

This is a fantastic opportunity to acquire a rehabbed building located on Independence Boulevard right in the up-and-coming neighborhood of North Lawndale. This 18-unit building offers a great unit mix of 2,3 and 4-bedroom units. All units are individually metered and offer very spacious layouts. The building has 12 units of 2BR/1BA, 3 units of 3BR/1BA and 3 units of 4BR/1BA. The basement has a coin laundry room with 3 washers and 3 dryers. Security cameras have been installed around the building. 12 units have been upgraded in the last 18 months. Each unit has its own gas meter, water heater, and electric meter. For investors looking for a value add, there is space to add 6 more garden units. The current monthly rent roll is $22,493 with 92% occupancy.

Location

State IL

County Cook

Area Chi - North Lawndale

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lawrence Dunning • Main Street Real Estate Group
GET MORE INFORMATION
agent
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Michael Bempah, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
Go tour this home

1256 S Independence BLVD

Quick Search
There are 21 quick searches