11-Unit Apartment Building
For Sale
$1,050,000
7151 S King Dr, Chicago, IL 60619
Well-maintained multi-family asset with a mix of 3-bedroom and 2-bedroom units in a desirable Grand Crossing location.
Days on Market59
Property Features for 7151 S King Dr
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3Bd/1Ba, 10 x 2Bd/1Ba
Multifamily Units
11
Building Details
Building Size
11,412 SF
Year Built
1925
Buildings
1
Listing Agency:
(773) 293-5032
Listed By:
Aaron Sklar · License #IL #475161507
Source:
Kisergroup
Added: Jun 2
Changed: Jul 28
Last Checked: Jul 30 at 5:39AM
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 Aaron Sklar
Investment Insights
Based on property information with market context.
Kiser Group is pleased to exclusively offer for purchase 7151 S. King, an 11-unit apartment building in Chicago’s Grand Crossing neighborhood. The property features one 3-bedroom/1-bath unit and ten 2-bedroom/1-bath units. Each unit is individually heated with furnaces and has new hot water tanks. The interiors have been updated with modern kitchens and baths, including granite countertops.
The building is positioned across the street from Meyering (William) Park, and it is a few blocks from the Red Line “El” train station at 69th and the Dan Ryan Expressway. This combination of park access and transit connectivity supports a convenient day-to-day lifestyle for residents.
This configuration makes the property a practical fit for investors seeking a straightforward, predominantly 2-bedroom rental mix with a smaller number of larger units. With updates already in place throughout kitchens and baths, the building can appeal to buyers looking to acquire a South Side income property in a well-regarded residential area.
The building is positioned across the street from Meyering (William) Park, and it is a few blocks from the Red Line “El” train station at 69th and the Dan Ryan Expressway. This combination of park access and transit connectivity supports a convenient day-to-day lifestyle for residents.
This configuration makes the property a practical fit for investors seeking a straightforward, predominantly 2-bedroom rental mix with a smaller number of larger units. With updates already in place throughout kitchens and baths, the building can appeal to buyers looking to acquire a South Side income property in a well-regarded residential area.
Key Highlights
- 11‑unit apartment building built in 1925 in Chicago’s Grand Crossing neighborhood
- Unit mix: 1 three‑bedroom/1‑bath and 10 two‑bedroom/1‑bath apartments
- Individually furnished units with individually furnaced heating and new hot water tanks
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained multi-family asset with a mix of 3-bedroom and 2-bedroom units in a desirable Grand Crossing location.
Where is this apartment building located?
The property is located at 7151 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: 11‑unit apartment building built in 1925 in Chicago’s Grand Crossing neighborhood; Unit mix: 1 three‑bedroom/1‑bath and 10 two‑bedroom/1‑bath apartments; Individually furnished units with individually furnaced heating and new hot water tanks
