6553 S King Dr Chicago, IL 60619
Completely renovated 24-unit apartment building in the W. Woodlawn area.
Type:Multifamily
- Added:
- Oct 6, 2024
- Days on Market:
- 544
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 6553 S King Dr
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1908
Listing agent David McLennan License #IL 475165323
Listing office Pearson Realty Group
Listing date Oct 6, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Pearson Realty Group
Overview
Renovated 24-Unit Apartment Building
This solid brick, 24-unit walk-up apartment building is located in the W. Woodlawn area and features a desirable unit mix of all 2-bed/1-bath units. The property was gutted down to the bricks and completely renovated a few years ago, including a new roof, new copper plumbing, new electrical, and new gas lines. Each unit was rehabbed with hardwood floors, new walls, new kitchens and bathrooms, new windows, in-unit circuit breakers, and individual gas forced air furnaces. There are four separate entrances, one on S. King Drive and the other three on 66th St., each featuring exposed brick walls and a skylight. Four separate basement entrances are accessible through the rear courtyard, and one basement has a laundry area with 2 washers and 2 dryers for tenant use. The Woodlawn area has seen tremendous change over the past few years, with the soon to be completed Obama Presidential Library located 2 miles east of the property. Just across 66th street, the Rev. Corey Brooks and his Project H.O.O.D. are building the new 85,000 sq. ft. Robert R. McCormick Leadership and Economic Opportunity Center. This new community center will teach trades, entrepreneurship, music, and arts and will also house a swimming pool and have other athletic facilities. The CTA green line stop is located 2 blocks north of the property, and the CTA #3 bus line runs north and south down King Drive.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.61515
- Latitude
- 41.77501
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Completely renovated 24-unit apartment building in the W. Woodlawn area.
Where is this apartment building located?
The property is located at 6553 S King Dr Chicago, IL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Completely renovated building with new roof, copper plumbing, electrical, gas lines, hardwood floors, kitchens, and bathrooms.; Desirable unit mix of 24 units, all 2 bed/1 bath.; Close proximity to the future Obama Presidential Library.
