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Rockford, Illinois Homes & Real Estate For Sale
Cell: (815) 222-8800

Real Estate Agent Chad Pierce

Chad Pierce

Cell: (815) 222-8800
Rockford

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1256 S Independence Boulevard, Chicago, IL 60623

$2,249,000
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  • 1256 S Independence Boulevard, Chicago, IL 60623 Main Photo

24 Total Photos [Click to View All]

Active
BEDS0 BATHS MLS#12687697
STATUSActive PROPERTY TYPEMulti Unit - Multiple
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Property Description

Rehabbed, Fully Rented, and Completely Turnkey with Property Manager on the premises. No Seller Financing. All tenants are current and listed at a 9.2 CAP. 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. 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. Each unit has its own gas meter, water heater, and electric meter. The current monthly rent roll is $24,678. Sold AS-IS.

1256 S Independence Boulevard | MLS# 12687697

This multi-family property located at 1256 S Independence Boulevard, Chicago, IL 60623 is currently listed for sale with an asking price of $2,249,000. Search Chicago real estate on cpierce.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.20 Acres
Stories: 3.0
Taxes: $17,301
Year Built: 1909

Feature Descriptions

HVAC: Central Bldg Heat, Central Heat/Indiv Controls, Gas
Lot Dimensions: 56X158
Parcel#: 16231030330000
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 18

Listed By / Shown By

Listed By

Agency Name: Fulton Grace Realty
Agency Phone: 773-698-6648

Shown By

Agent Name: Chad Pierce
Agent Phone: Cell: (815) 222-8800
Agency Title: Gambino Realtors

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Estimated Payment

$ 12,313.37 per month $10,215.66 Principal & Interest $1,441.75 Property Tax $655.96 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/23/2026. The listing information on this page last changed on 07/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/23/2026 12:00:24 AM EST) or MRED MLS (last updated Wed 07/22/2026 11:58:07 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 07/22/2026 10:30:13 PM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 07/22/2026 2:10:12 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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