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    4636 S King Dr Chicago, IL 60653

    Sponsored
    Picture of Office buildings at S King Dr 4636, Chicago, IL
    For Sale
    $900,000

    COMMERCIAL - Chicago, IL

    Lot size:
    0.17 Acres
    Days on Market:
    76
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 4636 S King Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    20033230180000
    Lot size
    0.17 Acres

    Building Details

    Year built
    1925
    Floors in Building
    1

    Realty One Group-Heartland (708) 678-1000 [email protected]

    Listing agent Shiree Booker (312) 560-6717

    Listing date Oct 22, 2025

    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

    Historic Bronzeville Commercial Building

    This grand and elegant historical limestone building, designed by architect Henry L. Newhouse, was built in 1925 and formerly housed the Mammoth Life and Accident Insurance Company, Chicago's first Black-owned insurance company. The 7,500-square-foot building is situated in the heart of Bronzeville/Grand Boulevard's 47th Street emerging retail district. Zoned B3-3 Community Shopping District, the property allows for a variety of businesses, with apartments permitted above the ground floor. The location offers convenient access to the Green Line, Lake Shore Drive (east), and the Dan Ryan Expressway (west), placing it 15 minutes from downtown Chicago. This parcel is suited for a credit union, banking institution, and all office-type businesses. The 0.17-acre property presents significant redevelopment opportunities and requires complete rehabilitation. The property is being sold "AS IS".
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.616418
    Latitude
    41.810033

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    FAQs

    What type of property is this?
    Office building - Redevelopment opportunity in emerging retail district.
    Where is this office building located?
    The property is located at 4636 S King Dr Chicago, IL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity in emerging retail district; - Favorable B3-3 zoning allows for mixed-use development; - Historic 7,500 sqft limestone building: former Mammoth Life & Accident Insurance Company
    (312) 560-6717
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    Chicago, IL 60653
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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
    4636 S King Dr Chicago, IL 60653
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