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Apartment Building with Voucher Tenants
For Sale
$2,600,000

11027 S King Drive, Chicago, IL 60628

MULTI_FAMILY - Chicago, IL

Property Size25,000 SF
Price / SF$104
Days on Market48

Property Features for 11027 S King Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 47
Bathrooms 41
Full bathrooms 41
Rooms Bedroom 16, Bathroom 12, Bedroom 27, Bedroom 19, Bathroom 26, Bedroom 20, Bedroom 32, Bathroom 9, Bathroom 39, Bathroom 36, Bedroom 15, Bathroom 11, Bedroom 26, Bathroom 19, Bedroom 44, Bathroom 15, Bathroom 30, Bathroom 17, Bedroom 11, Bathroom 13, Bathroom 8, Bedroom 45, Bedroom 24, Bathroom 1, Bedroom 30, Bedroom 2, Bathroom 5, Bedroom 29, Bedroom 33, Bedroom 37, Bedroom 43, Bathroom 20, Bedroom 8, Bedroom 38, Bathroom 27, Bedroom 35, Bathroom 31, Bedroom 36, Bedroom 28, Bathroom 24, Bathroom 34, Bathroom 18, Bedroom 47, Bedroom 22, Bathroom 35, Bedroom 42, Bedroom 17, Bathroom 25, Bedroom 3, Bedroom 25, Bedroom 34, Bedroom 39, Bathroom 7, Bedroom 21, Bathroom 32, Bathroom 2, Bedroom 10, Bathroom 33, Bathroom 4, Bedroom 46, Bedroom 4, Bathroom 6, Bedroom 41, Bathroom 29, Bathroom 40, Bathroom 3, Bathroom 37, Bathroom 23, Bedroom 1, Bedroom 6, Bedroom 12, Bedroom 14, Bedroom 9, Bedroom 40, Bedroom 23, Bedroom 13, Bedroom 7, Bathroom 38, Bedroom 31, Bedroom 5, Bathroom 10, Bedroom 18, Bathroom 41, Bathroom 28, Bathroom 22, Bathroom 14, Bathroom 16, Bathroom 21
Directions From E 111th Street, turn north onto S King Drive. Drive about one block. Look for 11027 S King Drive on the left / west side of the street.
Subdivision CHI - Roseland
Standard status Active
APN 25154140080000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 35795

Building Details

Year built 1926
Floors in Building 4
Number of units 27
Listing Agency: 33 Realty
Listed By: Brian Mond · License #471022047
Added: Jun 25 Changed: Aug 7 Last Checked: Aug 11 at 8:06PM
MLS# 12688519

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

11027 S King Drive (11027–11035 S King Dr.) is an apartment building offering approximately 25,000 SF of residential space and day-to-day operational continuity. The property is supported by a tenant base composed primarily of voucher tenants.

Built in 1926, the asset is positioned along a prominent South Side corridor. The overall configuration is presented as a scale opportunity with meaningful square footage.

This offering is best suited for buyers looking at multifamily inventory where tenant composition and efficient operations are central to the evaluation.

Key Highlights

  • 11027–11035 S King Dr, Chicago, IL 60628
  • Approximately 25,000 SF
  • Built in 1926

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

976
Businesses Nearby

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - South Side apartment building built in 1926 with a tenant base primarily composed of voucher tenants.
Where is this apartment building located?
The property is located at 11027 S King Drive Chicago, IL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 11027–11035 S King Dr, Chicago, IL 60628; Approximately 25,000 SF; Built in 1926
More about this property
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