# 1209 E Madison Park Boulevard, Chicago, IL 60615 > **TL;DR:** 32bd/17ba residential multi family, $2,729,000, built 1926. Est. $14,595/mo. Listed 51 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,729,000 | | Bedrooms | 32 | | Bathrooms | 17 full | | Year Built | 1926 | | Lot Size | 6,530 sqft (0.15 acres) | | Stories | 3 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 51 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $13,799 | | Estimated Insurance | $796 | | **Total** | **$14,595** | ## Property Highlights - Built in 1926 - 0.15 acre lot - 3 stories ## Description ### Agent Description 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. ## Location - **Address:** 1209 E Madison Park Boulevard, Chicago, IL 60615 - **County:** Cook - **Coordinates:** 41.802727, -87.596207 - **Google Maps:** https://www.google.com/maps?q=41.802727,-87.596207 ## Listing Agent - **Name:** Steven Rapoport - **Brokerage:** Chicago Real Estate Resources - **Broker Phone:** (773) 327-9300 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1209-E-Madison-Park_Chicago_IL_60615_M99874-80089?f=listhub&s=MREDIL&m=12755416&c=propsimple) ## Photos ![1209 E Madison Park Boulevard - Photo 1](http://lh.rdcpix.com/fa0dff4e2015b551ee91433b599ad197l-f4125456916r.jpg) ![1209 E Madison Park Boulevard - Photo 2](http://lh.rdcpix.com/fa0dff4e2015b551ee91433b599ad197l-f157708406r.jpg) ![1209 E Madison Park Boulevard - Photo 3](http://lh.rdcpix.com/fa0dff4e2015b551ee91433b599ad197l-f1356934349r.jpg) ![1209 E Madison Park Boulevard - Photo 4](http://lh.rdcpix.com/fa0dff4e2015b551ee91433b599ad197l-f3990296607r.jpg) --- **MLS#:** 12755416 | **Updated:** 2026-10-24 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1209-e-madison-park-boulevard-chicago-il-60615-746624d542af41aa84e27e72a9f1bb8d) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1209-e-madison-park-boulevard-chicago-il-60615-746624d542af41aa84e27e72a9f1bb8d#listing", "url": "https://www.propertysimple.ai/listing/1209-e-madison-park-boulevard-chicago-il-60615-746624d542af41aa84e27e72a9f1bb8d", "name": "1209 E Madison Park Boulevard, Chicago, IL 60615", "description": "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. 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