12-Unit Apartment
For Sale
$925,000
7201 S King Dr, Chicago, IL 60619
Updated kitchens and baths, along with newer porches, support the property’s residential functionality.
Property Size7,940 SF
Days on Market90
Property Features for 7201 S King Dr
General Information
Standard status
Active
Size
7,940 SF
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
5 x 3BR/1BA, 5 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
12
Additional Details
Cap Rate
10.42%
Building Details
Building Size
7,940 SF
Year Built
1911
Buildings
1
Listing Agency:
(630) 209-3622
Listed By:
Noah Birk · License #ILLINOIS #475125864
(630) 209-3622
Source:
Kisergroup
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 30 at 1:55PM
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 Noah Birk
Investment Insights
Based on property information with market context.
Built in 1911, this 12-unit apartment building at 7201 S King Dr includes a varied unit mix: five 3Bd/1Ba apartments, five 2Bd/1Ba apartments, and two 1Bd/1Ba apartments. Updated kitchens and baths, together with newer porches, are among the property’s reported improvements.
The building is in Chicago’s Grand Crossing neighborhood on the South Side, north of Chatham. William Meyering Park is directly across the street, while the Red Line station at 69th and the Dan Ryan Expressway are a few blocks away. The property is offered for purchase with a reported 10.42% cap rate.
The building is in Chicago’s Grand Crossing neighborhood on the South Side, north of Chatham. William Meyering Park is directly across the street, while the Red Line station at 69th and the Dan Ryan Expressway are a few blocks away. The property is offered for purchase with a reported 10.42% cap rate.
Key Highlights
- 12‑unit apartment building constructed in 1911
- Unit mix includes five 3Bd/1Ba, five 2Bd/1Ba, and two 1Bd/1Ba apartments
- Updated kitchens and baths
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated kitchens and baths, along with newer porches, support the property’s residential functionality.
Where is this apartment building located?
The property is located at 7201 S King Dr Chicago, IL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 12‑unit apartment building constructed in 1911; Unit mix includes five 3Bd/1Ba, five 2Bd/1Ba, and two 1Bd/1Ba apartments; Updated kitchens and baths
