Search
Apartment Building with Renovated Units
For Sale
Contact for pricing

4817 S King Dr, Chicago, IL 60615

Multifamily property with updated building systems and a mix of one-, two-, and three-bedroom apartments.

Property SizeContact for details
Days on Market143

Property Features for 4817 S King Dr

General Information

Standard status Active
Property subtype Multifamily
Occupancy 95%

Units

Unit Mix 14 x 2BR/1BA, 2 x 3BR, 25 x large 1BR/1BA
Multifamily Units 41
Listing Agency: Blue Door Dave Real Estate
Listed By: Amanda Stapleton · License #IL 475165609
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:39PM

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 Blue Door Dave Real Estate

Investment Insights

Based on property information with market context.

This apartment building at 4817 S King Dr in Chicago includes 14 two-bedroom, one-bath apartments, 25 one-bedroom, one-bath apartments, and two three-bedroom apartments. Approximately 75% of the building has received renovations, including refreshed kitchen cabinetry and bathroom improvements. Building-wide upgrades include a high-efficiency boiler along with updated electrical and plumbing systems.

The property is reported as 95% leased, with subsidized tenants included in the occupancy profile. Residents can walk to the lake, while shopping centers and local restaurants are a short drive away. The combination of varied apartment layouts, renovated portions, and updated mechanical infrastructure supports continued multifamily use.

Key Highlights

  • 14 two‑bedroom, one‑bath apartments
  • 25 one‑bedroom, one‑bath apartments
  • Two three‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Building Supply Carpet & Flooring Store Auto Parts Store Law Firm

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

Lease Details

41
Residential units
95%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,560
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with updated building systems and a mix of one-, two-, and three-bedroom apartments.
Where is this apartment building located?
The property is located at 4817 S King Dr Chicago, IL.
What are key features of this property?
This property features: 14 two‑bedroom, one‑bath apartments; 25 one‑bedroom, one‑bath apartments; Two three‑bedroom apartments
(773) 220-4669 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message