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Renovated 52-Unit Apartment Building
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For Sale
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6116 S King Drive, Chicago, IL 60637

Three-story brick apartment property with varied layouts, a landscaped courtyard, leasing office, and surface parking.

Property Size32,225 SF
Lot Size0.73 Acres
Days on Market3

Property Features for 6116 S King Drive

General Information

Standard status Active
Size 32,225 SF
Lot size 0.73 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 52

Amenities

landscaped courtyard
on-site leasing office
surface parking lot

Building Details

Building Size 32,225 SF
Year Built 1905
Year Renovated 2021
Buildings 1
Stories 3
Construction brick
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #475156642
Source: Frontlinerepartners
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 4:31AM

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 Frontline Real Estate Partners, LLC

Investment Insights

Based on property information with market context.

This vacant multifamily property is a three-story brick apartment building with 52 residential units and approximately 39,480 square feet on 0.73 acres. The unit mix includes one-bedroom, two-bedroom, and three-bedroom apartments. Property improvements include a landscaped courtyard, an on-site leasing office, and a surface parking lot. Originally built in 1905, the building underwent renovation in 2021.

The property is located at 6116 S King Drive in Chicago’s Washington Park neighborhood. The University of Chicago, UChicago Medicine, I-90, I-94, and CTA Green and Red Line stations are each less than one (1) mile away, placing the building near major education, healthcare, transportation, and employment destinations.

Key Highlights

  • 52‑unit vacant multifamily apartment building
  • Approximately 39,480 square feet on 0.73 acres
  • Renovated in 2021; originally constructed in 1905

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Law Firm Computer & Electronic Repair Bakery Carpet & Flooring Store Building Supply

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

52
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

557
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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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story brick apartment property with varied layouts, a landscaped courtyard, leasing office, and surface parking.
Where is this apartment building located?
The property is located at 6116 S King Drive Chicago, IL.
What are key features of this property?
This property features: 52‑unit vacant multifamily apartment building; Approximately 39,480 square feet on 0.73 acres; Renovated in 2021; originally constructed in 1905
More about this property
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