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    Renovated 24-Unit Apartment Building Title is generated by Realmo AI

    6553 S King Dr, Chicago, IL 60619

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    Completely renovated 24-unit apartment building in the W. Woodlawn area.

    Type:Multifamily
    Added:
    Oct 6, 2024
    Days on Market:
    595
    Last Refresh:
    May 12 at 9:48 pm

    Property Features for 6553 S King Dr

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    Building Details

    Year Built
    1908

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    Listing Contact
    David McLennan

    Listing agent David McLennan License #IL 475165323

    Listing office Pearson Realty Group

    Listing date Oct 6, 2024

    Source Crexi

    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 Pearson Realty Group

    HighLights

    • 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.
    • Located across the street from the new Robert R. McCormick Leadership and Economic Opportunity Center.
    • Convenient access to public transportation (CTA Green Line and #3 bus).
    • Four separate entrances with exposed brick and skylights.

    Overview

    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

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.61515
    Latitude
    41.77501

    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.
    More about this property
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