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1209 E Madison Park Boulevard
Chicago IL 60615 US

$2,729,000

Active Listing ID 12755416
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32 bed
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17.00 Bath (17 Full)
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Lot: 0.15 Acres
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Other

$2,729,000

Active Listing ID 12755416
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1209 E Madison Park Boulevard 1209 E. Madison Park and 1210 E. Hyde Park Blvd. are two back-to-back 4-unit buildings with 8 units, 37 bedrooms, and 19 bathrooms on the border of Hyde Park and Kenwood. Unit sizes are exceptional for the submarket: four and five-bedroom layouts averaging 1, 800 square feet with in-unit laundry, renovated kitchens and baths, and original vintage detail throughout. The property is fully occupied, with every lease running through late 2026 and 2027. Five units are supported by Housing Choice Voucher contracts, pairing a government-backed rent component with a deep private renter pool. At $317, 064 in annual scheduled rent, the offering combines immediate cash flow with clear near-term upside as a utility reimbursement program already in place on recent leases rolls out building-wide, one remaining original unit awaits renovation, and below-market units convert to market rent on turnover. This property is ideally suited for investors seeking a core Kenwood / Hyde Park position with strong in-place income and durable long-term value growth. The location drives consistently high demand, making this an outstanding opportunity in one of the most resilient and historically stable multifamily submarkets in Chicago.

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 17

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2729000
  • unparsedaddress: 1209 E Madison Park Boulevard
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60615
  • bathroomsfull: 17
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1499
  • lotsizeunits: Acres
  • lotsizearea: 0.1499
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.802727
  • longitude: -87.596207
  • listagentfullname: Steven Rapoport
  • listagentemail: stevenr@crer.com
  • listagentkey: 3yd-MREDIL-180173
  • listagentmlsid: 180173
  • listagentpreferredphone: (773) 327-9300
  • listagentofficephone: 8478632707
  • listofficekey: 3yd-MREDIL-84644
  • listofficemlsid: 84644
  • disclaimer: 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.
  • sourcesystemid: MREDIL
  • yearbuilt: 1926
  • listingcontractdate: 2026-09-09
  • listagenturl: http://www.crer.com
  • countyorparish: Cook
  • parcelnumber: 20112121430000
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • 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
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.59621, 41.802727
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Chicago Real Estate Resources", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"stevenr@crer.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@crer.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/4eb36b71a10311e0a3de00219b9aa4d8k-c2529727753r.png", "ListBrokerageName":"Chicago Real Estate Resources", "ListBrokeragePhone":"(773) 327-9300", "ListBrokeragePostalCode":"60613", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"932 W. Grace Street", "ListBrokerageWebsiteUrl":"http://www.crer.com", "ListOfficeAddress1":"800 W. Diversey Pkwy FL 3 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"84644", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"info@crer.com", "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1209-E-Madison-Park_Chicago_IL_60615_M99874-80089?f=listhub&s=MREDIL&m=12755416&c=rexren", "MLSModificationTimestamp":"2026-09-10 08:07:04", "Neighborhoods":[{"Description":null, "Name":"CHI - Kenwood"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":25879, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/10/2026 8:17:34 AM GMT
Source Updated Date: 9/13/2026 12:45:22 AM GMT

Courtesy of: Steven Rapoport, Chicago Real Estate Resources, stevenr@crer.com

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.