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Remodeled Quadplex
For Sale
$624,900

7141 S King Drive, Chicago, IL 60619

Four-unit residential property with updated interiors and extensive building improvements completed from 2022 through 2026.

Property SizeContact for details
Days on Market8

Property Features for 7141 S King Drive

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 2 x 3BR, 2 x 2BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,501

Building Details

Year Built 1910
Buildings 1
Listing Agency: New Avenue Realty LLC
Listed By: Jorge Vega
Source: Dawnmckennagroup
Added: Sep 15 Changed: Sep 19 Last Checked: Sep 21 at 8:07AM

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 New Avenue Realty LLC

Investment Insights

Based on property information with market context.

Built in 1910, this four-unit residential property includes two 3-bedroom front units and two 2-bedroom units. The front units have been fully remodeled with updated kitchens, modern bathrooms, and contemporary finishes, while the overall unit mix supports a range of household configurations.

Capital improvements completed across the building from 2022 through 2026 include new mechanical systems, a roof, porch, appliances, and windows. The property is located at 7141 S King Drive in Chicago, Illinois, within ZIP code 60619.

Key Highlights

  • Four‑unit property with two 3‑bedroom units and two 2‑bedroom units
  • Fully remodeled front units with updated kitchens and bathrooms
  • Building improvements completed from 2022 through 2026

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Acupuncture

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,123
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four-unit residential property with updated interiors and extensive building improvements completed from 2022 through 2026.
Where is this quadplex located?
The property is located at 7141 S King Drive Chicago, IL.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Four‑unit property with two 3‑bedroom units and two 2‑bedroom units; Fully remodeled front units with updated kitchens and bathrooms; Building improvements completed from 2022 through 2026
More about this property
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