Chicago, IL 60615,4924 S KING Drive
Chicago, IL 60615,4924 S KING Drive
Chicago, IL 60615,4924 S KING Drive
30
$1,300,000
$1,499,000
13.3%
Est.Price: ?

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13,000 SqFt

4924 S KING Drive Chicago, IL 60615

Est. payment /mo
SOLD DATE : 03/07/2024

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Key Details

Sold Price $1,300,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 13,000 sqft

Price per Sqft $100

MLS Listing ID 11958783

Sold Date 03/07/24

Year Built 1890

Annual Tax Amount $10,000

Tax Year 2021

Lot Dimensions 50.7 X 149.79

Property Description

Exceptional Investment Opportunity in Vibrant Bronzeville Set on Historic King Drive. Stately fully stabilized enormous all masonry center entrance side by side 6 residential units + 3 car garage and 3 gated exterior parking spaces NOI $146,695 /9.7% CAP. Largely Gut Renovated 2021 include interior unit demo to studs, electrical, plumbing, HVAC, H20, millwork, flooring, windows, kitchens, and baths, offer abundant choice for numerous investment objectives. Intelligent design, expansive floorplans, Unit Mix includes massive (5) 3 bedroom 2 Baths and (1) 5-bedroom 3 bath duplex. Significant appointments, professional grade kitchens, in suite primary bedroom/bath, resort inspired bathrooms, individual HVAC, washer dryers in units in 5 of 6 units, wide plank engineered flooring, decorative fireplaces flanked by built ins, designer lighting and front terraces are a soft sampling of all unit features. Palpable growth asset Exceptional location provides urban intimacy coupled with hyper-convenience and strong proximity to U of C ecosystem, Lakefront, Rush Medical Center, Loop, Green Line, Expressways. 48 hours' notice M-F 10am to 4pm to show. Rare opportunity to obtain sizeable footprint strategically positioned for continue long term growth. See brokers private remarks.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Central Air, Central Individual

Fireplaces Number 6

Fireplace Y

Exterior

Utilities Available Sanitary Sewer

View Y/N true

Building

Foundation Other

Structure Type Brick,Stone

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Listed by Karen Biazar • North Clybourn Group, Inc.
Bought with Lauren Lampert • Compass

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Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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