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    3428 S King Dr Chicago, IL 60616

    For Sale
    $1,200,000

    Commercial Sale - Chicago, IL

    Property size:
    12,000 SF
    Days on Market:
    31
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for 3428 S King Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    17341230590000
    Size
    12,000 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1893
    Number of units
    6
    Architectural style
    Other

    Coldwell Banker Leader Realty (312) 513-4490 [email protected]

    Listing agent Mark Ahmad (773) 465-4200 License #471007186

    Listing date Nov 13, 2025

    MLS# 12478619 Listing URL

    Copyright © 2025 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.

    Overview

    Bronzeville Mixed-Use Building For Sale

    Located in the historic Bronzeville and South Loop neighborhood of Chicago, this mixed-use building offers convenient access to daily necessities. The property features four residential units, each with three bedrooms and two bathrooms, exceeding 1,500 square feet and including master baths. The building has been fully renovated and updated, with individual utilities for each unit. The 12,000 square foot property is near the 31st Street beach and the King Drive bus stop for commuting downtown. It is also located minutes from Lake Shore Drive, major roads, and interstates. There is a violation against the basement retail units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bre's Beauty Parlor Hair Removal Service Curl Kitchen Salon Hair Salon Montez Barber Studio Barber Shop Brilliance by Brionté Hair Salon WAXED Waxing Hair Removal Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.617787
    Latitude
    41.832023

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    FAQs

    What type of property is this?
    Mixed-use property - Recently renovated mixed-use building in historic Bronzeville neighborhood.
    Where is this mixed-use property located?
    The property is located at 3428 S King Dr Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Fully renovated mixed-use building featuring four large (1,500+ sq ft) 3-bedroom, 2-bath residential units with master baths.; - Prime location in historic Bronzeville near the South Loop, offering convenient access to daily necessities.; - Individual utilities for each unit.
    (773) 465-4200
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    3428 S King Dr Chicago, IL 60616
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    Chicago, IL 60616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3428 S King Dr Chicago, IL 60616
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