Renovated 24-Unit Walk-Up
For Sale
$2,250,000
6555 S King Drive, Chicago, IL 60637
Renovated brick 24-unit walk-up featuring all 2-bedroom, 1-bath units with multiple secure entrances.
Property SizeContact for details
Days on Market424
Property Features for 6555 S King Drive
General Information
Standard status
Active
Property subtype
General Commercial
Additional Details
Multifamily Units
24
Taxes and HOA fees
Annual Taxes
$37,718
Amenities
Window Air Conditioning
3
Building Details
Year Built
1908
Listing Agency:
Pearson Realty Group
(312) 925-7938
Listed By:
David McLennan · License #475165323
(312) 925-7938
Source:
Xome
Added: Jun 26, 2025
Changed: Aug 23
Last Checked: Jul 23 at 4:25AM
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
Investment Insights
Based on property information with market context.
Solid brick 24-unit walk-up apartment building in the W. Woodlawn area, recently gutted to the brick and completely renovated. The property received a new roof along with new copper plumbing, new electrical, and new gas lines. Unit renovations include hardwood floors, new walls, updated kitchens and bathrooms, new windows, in-unit circuit breakers, and individual gas forced-air furnaces.
The building has four separate entrances: one on S. King Drive and three on 66th St. Each entrance includes exposed brick walls and skylights that bring natural light to the entrance and stairway areas. Basement access is available through the rear courtyard via four separate basement entrances, with one basement containing a tenant laundry area with two washers and two dryers.
The surrounding area is served by nearby public transportation, including a CTA Green Line stop located 2 blocks north and the CTA #3 bus line running north and south on King Drive with a stop just outside the 6553 entrance. The remarks also note the soon-to-be completed Obama Presidential Library 2 miles east and a new 85,000 sq. ft. Robert R. McCormick Leadership and Economic Opportunity Center being built across 66th Street from the property entrances.
The building has four separate entrances: one on S. King Drive and three on 66th St. Each entrance includes exposed brick walls and skylights that bring natural light to the entrance and stairway areas. Basement access is available through the rear courtyard via four separate basement entrances, with one basement containing a tenant laundry area with two washers and two dryers.
The surrounding area is served by nearby public transportation, including a CTA Green Line stop located 2 blocks north and the CTA #3 bus line running north and south on King Drive with a stop just outside the 6553 entrance. The remarks also note the soon-to-be completed Obama Presidential Library 2 miles east and a new 85,000 sq. ft. Robert R. McCormick Leadership and Economic Opportunity Center being built across 66th Street from the property entrances.
Key Highlights
- Brick 24‑unit walk‑up apartment building built in 1908, with all units configured as 2 bed/1 bath
- Gutted to the brick and completely renovated a few years ago, including hardwood floors, new walls, kitchens and bathrooms, and new windows
- Building improvements include a new roof, new copper plumbing, new electrical, and new gas lines
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
869
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated brick 24-unit walk-up featuring all 2-bedroom, 1-bath units with multiple secure entrances.
Where is this apartment building located?
The property is located at 6555 S King Drive 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: Brick 24‑unit walk‑up apartment building built in 1908, with all units configured as 2 bed/1 bath; Gutted to the brick and completely renovated a few years ago, including hardwood floors, new walls, kitchens and bathrooms, and new windows; Building improvements include a new roof, new copper plumbing, new electrical, and new gas lines
