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Image 1 - 1256-1258 South Independence Boulevard, Chicago, IL 60624, USA - House for sale
Image 2 - 1256-1258 South Independence Boulevard, Chicago, IL 60624, USA - House for sale
Image 3 - 1256-1258 South Independence Boulevard, Chicago, IL 60624, USA - House for sale
Image 4 - 1256-1258 South Independence Boulevard, Chicago, IL 60624, USA - House for sale
Image 5 - 1256-1258 South Independence Boulevard, Chicago, IL 60624, USA - House for sale
Image 6 - 1256-1258 South Independence Boulevard, Chicago, IL 60624, USA - House for sale
Image 7 - 1256-1258 South Independence Boulevard, Chicago, IL 60624, USA - House for sale
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Image 9 - 1256-1258 South Independence Boulevard, Chicago, IL 60624, USA - House for sale
Home For Sale In Chicago, Illinois
1256-1258 South Independence Boulevard, Chicago, IL 60624, USA

Home For Sale In Chicago, Illinois

house for sale
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Listed: 03/05/24

1256-1258 South Independence Boulevard, Chicago, IL 60624, USA

Studio Bed:
3 Bath:
Price
$ 2M
Sold

About This House

This is a fantastic opportunity to acquire a partially gut-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 of2BR/1BA, 3units of3BR/1BAand 3 units of4BR/1BA.The basement has a coin laundry room with 3 washers and 3 dryers. Security cameras have been installed around the building. 8 units have been upgraded in the last year. 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 over$22, 000with 100% occupancy. At Asking price it's a 10 CAP!

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