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Gutted Apartment Building with Coach House
For Sale
Under Contract
$550,000

5930 S King Drive, Chicago, IL 60637

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market166

Property Features for 5930 S King Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 11, Bathroom 6, Bedroom 5, Bedroom 1, Basement, Bathroom 7, Bedroom 9, Bedroom 10, Bedroom 4, Bedroom 8, Bathroom 3, Bedroom 12, Bedroom 6, Bathroom 8, Bedroom 2, Bedroom 7, Bathroom 1, Bathroom 2
Parking 3
Parking features Garage
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions King Dr N/S to 5930
Subdivision CHI - Washington Park
Standard status Active Under Contract
APN 20153050320000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11696

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1894
Building materials Brick
Roof type Asphalt
Additional Structures Guest House
Listing Agency: Real Broker LLC
Listed By: Rafay Qamar · License #475158420
Added: Mar 17 Changed: Aug 28 Last Checked: Aug 29 at 12:06AM
MLS# 12594302

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1894 brick apartment property includes an approximately 8,000-square-foot main building and a separate coach house. The principal structure has been fully gutted and includes garden-level space along with residential floors from the first through third levels. Three on-site garage spaces are available, and the property is being sold as-is.

Architectural plans for six units are available from the seller. The site may support six to nine residential units, subject to buyer verification. Public water and public sewer serve the property, which also has an asphalt roof and views toward Washington Park from the upper residential levels.

Key Highlights

  • Approximately 8,000 sq ft main building with separate coach house
  • Potential for 6‑9 residential units, subject to buyer verification
  • Architectural plans available for a 6‑unit configuration

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Building Supply HVAC Service Law Firm Dental Office Bakery

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

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with a separate coach house, garage parking, and an existing six-unit redevelopment plan.
Where is this apartment building 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: Approximately 8,000 sq ft main building with separate coach house; Potential for 6‑9 residential units, subject to buyer verification; Architectural plans available for a 6‑unit configuration
More about this property
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