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Apartment Building with Onsite Parking
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8039 S King Dr, Chicago, IL 60619

Seventeen-unit multifamily property with partial unit updates, renovation scope, and convenient transportation access.

Property SizeContact for details
Lot Size0.31 Acres
Days on Market144

Property Features for 8039 S King Dr

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 17

Building Details

Buildings 1
Listing Agency: Chicago Real Estate Resources Inc
Listed By: Steven Rapoport, CCIM · License #IL 471006648
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:47PM

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 Chicago Real Estate Resources Inc

Investment Insights

Based on property information with market context.

This 17-unit apartment building occupies a 13,375-square-foot lot and includes onsite parking. Several units have already received updates, while additional renovation work remains for a buyer seeking to improve the property’s overall condition and revenue performance. The building is located at 8039 S King Dr in Chicago’s Chatham neighborhood.

Transportation access includes convenient connections to I-90 and I-94. The 79th Street Red Line CTA station is within a short walk, adding nearby public transit access for residents. The combination of existing unit improvements, remaining renovation scope, lot area, and onsite parking defines the property’s current physical profile.

Key Highlights

  • 17‑unit apartment building at 8039 S King Dr, Chicago, IL 60619
  • 13,375‑square‑foot lot
  • Onsite parking included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

17
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,272
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

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?
Apartment building - Seventeen-unit multifamily property with partial unit updates, renovation scope, and convenient transportation access.
Where is this apartment building located?
The property is located at 8039 S King Dr Chicago, IL.
What are key features of this property?
This property features: 17‑unit apartment building at 8039 S King Dr, Chicago, IL 60619; 13,375‑square‑foot lot; Onsite parking included
(847) 863-2707 Call to check price and availability
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