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Gutted Multifamily Building
For Sale
$550,000
Pending

5930 S King Drive, Chicago, IL 60637

A coach house and three detached garage spaces accompany the primary building.

Property Size8,045 SF
Days on Market9

Property Features for 5930 S King Drive

General Information

Standard status Pending
Size 8,045 SF
Total Parking Spaces 3
Property subtype Two to Four Units
Zoning MULTI

Site & Location

Neighborhood Washington Park

Taxes and HOA fees

Annual Taxes $11,695

Amenities

Unfinished,Full
8
12
4
Public
3
(847) 257-0889
42.5 X 177.25
No
No Garage,Yes,Garage Owned,Detached,Garage
Stone

Building Details

Year Built 1894
Buildings 2
Listing Agency: Real Broker LLC
Listed By: Thomas Quigley
Source: Michanarealestatesolutions
Added: Oct 29 Changed: Nov 3 Last Checked: Nov 5 at 8:57AM

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 Real Broker LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1894, the multifamily property includes an 8,045-square-foot main building and a separate coach house. The main structure has been stripped for redevelopment, with garden-level space and residential floors on levels one through three. Three detached garage spaces are also on site.

Architectural plans for a six-unit layout are available. The property has been identified as having potential for 6–9 residential units, subject to buyer verification. The sale is as-is.

Key Highlights

  • 8,045‑square‑foot main building with a separate coach house
  • Main building is gutted and ready for redevelopment
  • Potential for 6–9 residential units; buyer to verify

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,011
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Multifamily properties in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A coach house and three detached garage spaces accompany the primary building.
Where is this multifamily property located?
The property is located at 5930 S King Drive Chicago, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 8,045‑square‑foot main building with a separate coach house; Main building is gutted and ready for redevelopment; Potential for 6–9 residential units; buyer to verify
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