11-Unit Apartment Building
For Sale
$1,050,000
7151 S King Dr, Chicago, IL 60619
Well-maintained multi-family asset with a mix of 3-bedroom and 2-bedroom units in a desirable Grand Crossing location.
Property Size11,412 SF
Days on Market158
Property Features for 7151 S King Dr
General Information
Standard status
Active
Size
11,412 SF
Property subtype
Multifamily
Site & Location
Neighborhood
Park Manor
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3Bd/1Ba, 10 x 2Bd/1Ba
Multifamily Units
11
Building Details
Building Size
11,412 SF
Year Built
1925
Buildings
1
Listing Agency:
Kiser Group
Listed By:
Aaron Sklar · License #IL #475161507
(773) 293-5032
Source:
Kisergroup
Added: Jun 2
Changed: Oct 26
Last Checked: Nov 6 at 7:40AM
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 Kiser Group
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Investment Insights
Based on property information with market context.
Kiser Group is pleased to exclusively offer for purchase 7151 S. King, an 11-unit apartment building in Chicago’s Grand Crossing neighborhood. The property features one 3-bedroom/1-bath unit and ten 2-bedroom/1-bath units. Each unit is individually heated with furnaces and has new hot water tanks. The interiors have been updated with modern kitchens and baths, including granite countertops.
The building is positioned across the street from Meyering (William) Park, and it is a few blocks from the Red Line “El” train station at 69th and the Dan Ryan Expressway. This combination of park access and transit connectivity supports a convenient day-to-day lifestyle for residents.
This configuration makes the property a practical fit for investors seeking a straightforward, predominantly 2-bedroom rental mix with a smaller number of larger units. With updates already in place throughout kitchens and baths, the building can appeal to buyers looking to acquire a South Side income property in a well-regarded residential area.
The building is positioned across the street from Meyering (William) Park, and it is a few blocks from the Red Line “El” train station at 69th and the Dan Ryan Expressway. This combination of park access and transit connectivity supports a convenient day-to-day lifestyle for residents.
This configuration makes the property a practical fit for investors seeking a straightforward, predominantly 2-bedroom rental mix with a smaller number of larger units. With updates already in place throughout kitchens and baths, the building can appeal to buyers looking to acquire a South Side income property in a well-regarded residential area.
Key Highlights
- 11‑unit apartment building built in 1925 in Chicago’s Grand Crossing neighborhood
- Unit mix: 1 three‑bedroom/1‑bath and 10 two‑bedroom/1‑bath apartments
- Individually furnished units with individually furnaced heating and new hot water tanks
Property Analytics
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Lease Details
11
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Apartment buildings in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained multi-family asset with a mix of 3-bedroom and 2-bedroom units in a desirable Grand Crossing location.
Where is this apartment building located?
The property is located at 7151 S King Dr Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 11‑unit apartment building built in 1925 in Chicago’s Grand Crossing neighborhood; Unit mix: 1 three‑bedroom/1‑bath and 10 two‑bedroom/1‑bath apartments; Individually furnished units with individually furnaced heating and new hot water tanks
