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.
Details
MLS #
12755416
Listing Type
For Sale
Style
Multi Family 5+
Sub-Type
Resale
Status
Active
Year
1926
Days On Site
12
Listing Provided By
Chicago Real Estate Resources | Steven Rapoport
Features
Story(s)
3
Units
8
Acreage
6531.00
Taxes
Tax Year
2024
Tax Annual Amount
25879
Area Information
State
IL
County
Cook
City
Chicago
Zip Code
60615
Area
CHI Kenwood
Listing VS Median (in 60615)
Price: $2,729,000
low | high
Med: $210,000
100% of Average
On site: 12
low | high
Med: 109
11.009174311927% of Average
Sourced by Back At You
Market Activity 60615
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 3
Avg $ Per SqFt: $175.9
Min Sale Price: $118,000
Max Sale Price: $640,000
Med Sale Price: $124,000
Date: Jul 2026
Sales: 10
Avg $ Per SqFt: $210
Min Sale Price: $140,000
Max Sale Price: $810,000
Med Sale Price: $258,500
Date: Jun 2026
Sales: 27
Avg $ Per SqFt: $203.34
Min Sale Price: $22,000
Max Sale Price: $780,000
Med Sale Price: $280,000
Date: May 2026
Sales: 28
Avg $ Per SqFt: $203.09
Min Sale Price: $48,500
Max Sale Price: $1,031,250
Med Sale Price: $332,500
Date: Apr 2026
Sales: 24
Avg $ Per SqFt: $178.66
Min Sale Price: $41,000
Max Sale Price: $3,415,000
Med Sale Price: $295,000
Date: Mar 2026
Sales: 23
Avg $ Per SqFt: $219.11
Min Sale Price: $120,000
Max Sale Price: $1,270,000
Med Sale Price: $250,000
Date: Feb 2026
Sales: 20
Avg $ Per SqFt: $209.97
Min Sale Price: $110,000
Max Sale Price: $2,725,000
Med Sale Price: $260,000
Date: Jan 2026
Sales: 28
Avg $ Per SqFt: $190.41
Min Sale Price: $33,500
Max Sale Price: $2,050,000
Med Sale Price: $307,500
Date: Dec 2025
Sales: 18
Avg $ Per SqFt: $167.66
Min Sale Price: $79,900
Max Sale Price: $1,000,000
Med Sale Price: $207,500
Date: Nov 2025
Sales: 18
Avg $ Per SqFt: $213.33
Min Sale Price: $37,500
Max Sale Price: $1,255,000
Med Sale Price: $462,500
Date: Oct 2025
Sales: 26
Avg $ Per SqFt: $211.88
Min Sale Price: $20,000
Max Sale Price: $4,200,000
Med Sale Price: $258,500
Date: Sep 2025
Sales: 29
Avg $ Per SqFt: $168.26
Min Sale Price: $40,500
Max Sale Price: $800,000
Med Sale Price: $278,000
Sourced by Back At You
Aug 2026
Sales:
3
Avg $ Per SqFt:
$175.9
Min Sale Price:
$118,000
Max Sale Price:
$640,000
Med Sale Price:
$124,000
Jul 2026
Sales:
10
Avg $ Per SqFt:
$210
Min Sale Price:
$140,000
Max Sale Price:
$810,000
Med Sale Price:
$258,500
Jun 2026
Sales:
27
Avg $ Per SqFt:
$203.34
Min Sale Price:
$22,000
Max Sale Price:
$780,000
Med Sale Price:
$280,000
May 2026
Sales:
28
Avg $ Per SqFt:
$203.09
Min Sale Price:
$48,500
Max Sale Price:
$1,031,250
Med Sale Price:
$332,500
Apr 2026
Sales:
24
Avg $ Per SqFt:
$178.66
Min Sale Price:
$41,000
Max Sale Price:
$3,415,000
Med Sale Price:
$295,000
Mar 2026
Sales:
23
Avg $ Per SqFt:
$219.11
Min Sale Price:
$120,000
Max Sale Price:
$1,270,000
Med Sale Price:
$250,000
Feb 2026
Sales:
20
Avg $ Per SqFt:
$209.97
Min Sale Price:
$110,000
Max Sale Price:
$2,725,000
Med Sale Price:
$260,000
Jan 2026
Sales:
28
Avg $ Per SqFt:
$190.41
Min Sale Price:
$33,500
Max Sale Price:
$2,050,000
Med Sale Price:
$307,500
Dec 2025
Sales:
18
Avg $ Per SqFt:
$167.66
Min Sale Price:
$79,900
Max Sale Price:
$1,000,000
Med Sale Price:
$207,500
Nov 2025
Sales:
18
Avg $ Per SqFt:
$213.33
Min Sale Price:
$37,500
Max Sale Price:
$1,255,000
Med Sale Price:
$462,500
Oct 2025
Sales:
26
Avg $ Per SqFt:
$211.88
Min Sale Price:
$20,000
Max Sale Price:
$4,200,000
Med Sale Price:
$258,500
Sep 2025
Sales:
29
Avg $ Per SqFt:
$168.26
Min Sale Price:
$40,500
Max Sale Price:
$800,000
Med Sale Price:
$278,000
MLS Number: 12755416
Steven Rapoport – (847) 863-2707 – stevenr@crer.com
Chicago Real Estate Resources – (773) 327-9300
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12755416
Steven Rapoport – (847) 863-2707 – stevenr@crer.com
