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Updated Triplex Across From Palmer Park
For Sale
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11247 S King Drive, Chicago, IL 60628

Updated 3-unit building with scenic views and strong rental potential.

Property SizeContact for details
Days on Market252

Property Features for 11247 S King Drive

General Information

Standard status Active
Property subtype Multifamily
Zoning RT-4

Building Details

Year Built 1910
Listing Agency: @properties Christie's International Real Estate
Listed By: Danielle Moy · License #475158014
Source: Crexi
Added: Dec 12, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This updated three-unit building is located directly across from Palmer Park. The property is suitable for investors or owner-occupants seeking rental potential. Unit 1, on the main floor, features hardwood flooring, a decorative fireplace, and crown molding in the living room. The formal dining room includes hardwood floors and crown molding. The updated eat-in kitchen, remodeled in 2025, features new cabinetry, ceramic tile flooring, new appliances, and a walk-in pantry. There are two bedrooms and a full bathroom remodeled in 2025. Unit 2, on the second floor, features 9-foot ceilings and new vinyl flooring installed in 2025. An enclosed front porch provides natural light. The living room has a decorative fireplace with built-in shelving and crown molding. The dining room features vinyl flooring and crown molding. The updated eat-in kitchen includes new cabinetry and a walk-in pantry. There are two bedrooms and a bathroom updated in 2025. The third-floor unit includes an enclosed front porch, a living room, a dining room, and an updated eat-in kitchen. This unit offers three bedrooms and an updated full bath. The full basement provides storage and utility space, featuring a new boiler (2024), a new water heater, and four new circuit breakers installed in 2025. Exterior features include a fully fenced yard with new walkways (2025), a 2-car detached garage, and a newer roof on both the building and the garage. New windows were installed in 2023, and the back porch stairs are new.

Key Highlights

  • Prime location directly across from Palmer Park, offering scenic views and recreation.
  • Updated units with modern kitchens and bathrooms (2025).
  • Strong rental potential for investors or ideal for owner‑occupants.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Skin Care Clinic Spa & Massage Center

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

937
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?
Triplex - Updated 3-unit building with scenic views and strong rental potential.
Where is this triplex located?
The property is located at 11247 S King Drive Chicago, IL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Prime location directly across from Palmer Park, offering scenic views and recreation.; Updated units with **modern kitchens and bathrooms (2025)**.; Strong rental potential for investors or ideal for owner‑occupants.
(708) 466-4075 Call to check price and availability
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