Chicago, IL 60653,4530 S King Drive
Chicago, IL 60653,4530 S King Drive
Chicago, IL 60653,4530 S King Drive
32
$900,000
$1,200,000
25.0%
Est.Price: ?

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15,800 SqFt

4530 S King Drive Chicago, IL 60653

Est. payment /mo
SOLD DATE : 05/22/2023

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Key Details

Sold Price $900,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 15,800 sqft

Price per Sqft $56

MLS Listing ID 11312110

Sold Date 05/22/23

Year Built 1884

Annual Tax Amount $10,514

Tax Year 2020

Lot Size 8,276 Sqft

Lot Dimensions 54 X 150

Property Description

100% occupancy with most families long term tenants. Walk in as a new building owner and start making money first day. Huge 4 and 3 bedroom units offer 2030 SQ FT and 1920 SQ FT (respectively) of living space. Historic Bronzeville district is attracting families as well as investors with lots of opportunities. It is one of Chicago's most desirable and appreciating neighborhoods. Short walking distance to Marianos and restaurants, train station, close to Expressway, 10 mins South of Downtown Chicago. Big ticket capital improvements already done: New Roof end of 2020, Tuckpointing summer of 2020, New Chimney 2020, Lots of new windows 2020-2022, North tear units have brand new plumbing in kitchen (city inspected and passed), couple units have newly updated living rooms with new electrical (city inspected and passed) and new windows. New building entrance door is coming soon. Garage is rented to the neighbor for $100/month cash or zelle. Possible extra income by adding washer and dryer in the laundry area.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplaces Number 6

Fireplace Y

Exterior

Utilities Available Sanitary Sewer, Sewer-Storm Available, Water-Municipal

View Y/N true

Roof Type Reflective Coating

Others

HOA Fee Include None

Read Less


Listed by Gediminas Cesevicius • USA Realty Group Inc
Bought with Alisa McLaughlin • Keller Williams ONEChicago

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Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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