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4550 S King Dr Chicago, IL 60653

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For Sale
$1,050,000

6 unit walk up tucked away in the Bronzeville neighborhood of Chicago’s South Side.

Property size:
11,748 SF
Lot size:
0.27 Acres
Added:
Jan 16, 2025
Days on Market:
442
Last Refresh:
Mar 16 at 9:06 am

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

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Listing Contact
Noah Birk

Listing agent Noah

Listing office

Listing date Jan 16, 2025


Overview

Bronzeville Six-Unit Multifamily Investment

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6099
Latitude
41.8194

FAQs

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
More about this property
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