Bronzeville Six-Unit Multifamily
For Sale
$1,050,000
4550 S King Dr, Chicago, IL 60653
6 unit walk up tucked away in the Bronzeville neighborhood of Chicago’s South Side.
Property Size11,748 SF
Lot Size0.27 Acres
Price / SF$89.38
Days on Market628
Property Features for 4550 S King Dr
General Information
Standard status
Active
Property type
Multifamily properties, Residential income homes, Other residential income properties, Residential income properties, Investment properties
Size
11,748 SF
Elevators
N/A
Lot size
0.27 Acres
Listed By:
Noah Birk
(630) 209-3622
Added: Jan 16, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located in Chicago's Bronzeville neighborhood, this multifamily property at 4550 S King Dr features six units. Each of the six units contains three bedrooms and two bathrooms. The building has been updated with copper plumbing, a modern Weil McLain boiler with R&D control system, and a roof replacement completed in 2018. Residents have access to an on-site laundry facility. The property is located two blocks from the Green Line "El" station at 47th, providing convenient transit options. The building size is 11,748 square feet, situated on a 0.27-acre lot. The property offers potential for increased rental income due to its unit mix and market rents.
Key Highlights
- Six (6) Spacious 3Bd/2Ba Units
- Modern Weil McLain Boiler w/ R&D Controls
- Copper Plumbing
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 60653, IL
33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - 6 unit walk up tucked away in the Bronzeville neighborhood of Chicago’s South Side.
Where is this multifamily property located?
The property is located at 4550 S King Dr Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Six (6) Spacious 3Bd/2Ba Units; Modern Weil McLain Boiler w/ R&D Controls; Copper Plumbing
