28-Unit Apartment
For Sale
$2,500,000
8321 S King Dr, Chicago, IL 60619
Meticulously maintained 28-unit apartment building with updated kitchens and baths, plus 36 rear parking spaces.
Property Size15,904 SF
Days on Market66
Property Features for 8321 S King Dr
General Information
Standard status
Active
Size
15,904 SF
Total Parking Spaces
36
Property subtype
Multifamily
Additional Details
Road Access
Yes
Multifamily Units
28
Building Details
Building Size
15,904 SF
Year Built
1966
Tenancy
Multi
Listed By:
Noah Birk · License #IL #475125864
(630) 209-3622
Source:
Kisergroup
Added: Jul 19
Changed: Sep 13
Last Checked: Sep 21 at 6:17AM
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.
Kiser Group presents an opportunity to acquire a meticulously maintained 28-unit apartment building at 8321 S. King Dr in Chicago’s Chatham area. The property includes twelve 2Bd/1Ba units, eleven 1Bd/1Ba units, and five studios. Interior updates include updated kitchens and baths.
The building is situated along South King Drive and offers convenient access to public transportation and major roadways, with nearby neighborhood amenities.
On-site parking includes a 36-car parking lot located at the rear of the property. Additional exterior and systems updates include a new roof and new hot water tanks.
The building is situated along South King Drive and offers convenient access to public transportation and major roadways, with nearby neighborhood amenities.
On-site parking includes a 36-car parking lot located at the rear of the property. Additional exterior and systems updates include a new roof and new hot water tanks.
Key Highlights
- 28‑unit apartment building built in 1966 on S. King Dr (Chatham area, Chicago’s South Side).
- Unit mix includes twelve 2BD/1BA, eleven 1BD/1BA, and five studios.
- Updated kitchens and baths throughout the building.
Property Analytics
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Current Use
Lease Details
28
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,506
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Meticulously maintained 28-unit apartment building with updated kitchens and baths, plus 36 rear parking spaces.
Where is this apartment building located?
The property is located at 8321 S King Dr Chicago, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 28‑unit apartment building built in 1966 on S. King Dr (Chatham area, Chicago’s South Side).; Unit mix includes twelve 2BD/1BA, eleven 1BD/1BA, and five studios.; Updated kitchens and baths throughout the building.
