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    Property profile

    3603 S King Dr Chicago, IL 60653

    FOR SALE
    Apartment buildings
    Property ID
    US28-2809430
    Built 1926
    Saved · see the list in your Dashboard
    3603 S King Dr, Chicago, IL 60653 For Sale 1 / 10
    $4,150,000
    3603 S King Dr, Chicago, IL 60653
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    Property summary

    AI-generated overview

    Kiser Group is pleased to exclusively offer for purchase 3603 S. King Dr., a well-maintained twenty-four (24) unit multifamily asset located in the highly sought-after Bronzeville neighborhood of Chicago’s South Side. The property sits along the historic King Drive corridor and is just minutes from downtown Chicago, providing convenient access to public transportation, retail, and major employment hubs. Eighteen (18) 2Bd/1Ba & Six (6) 3Bd/1Ba Units Updated Units w/ Modern Kitchens & Baths & In-Unit Laundry New Boiler (2025) w/ R&D Control System Prime Bronzeville Location

    Property profile

    Verified
    Property type Apartment buildings
    Year built 1926
    UPID US28-2809430

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    3603 S King Dr Chicago, IL 60653
    Chicago metro
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • $6,995,000
      21-Unit Apartment Building Portfolio
      Seven three-flat buildings offer contemporary three-bedroom residences with private outdoor space and garage parking.
      3920-34 S Calumet Avenue, Chicago, IL 60653
      View Details
    • $1,200,000
      7-Unit Brick Apartment Building
      Historic multifamily asset with a defined unit mix, MULTI zoning, and access to Lake Shore Drive and public transit.
      619 E Groveland Park, Chicago, IL 60653
      View Details
    • New
      $1,705,000
      Masonry Center-Entrance Multifamily
      Stabilized 6-unit multifamily with gated parking spaces and extensively renovated masonry/limestone center entrance.
      4240 S Calumet Avenue, Chicago, IL 60653
      View Details
    • New
      Contact for pricing
      34-Unit Apartment Building Portfolio
      Two-building multifamily portfolio with varied unit layouts and capital improvements across kitchens, bathrooms, electrical, roofs, and plumbing.
      4208 & 4213 S. Michigan Ave, Chicago, IL 60653
      View Details
    • $900,000
      0.14 Acres
      Multifamily Residential Building
      For-sale multifamily property zoned MULTI, located in Chicago’s 60653 area.
      4601 S Vincennes Avenue, Chicago, IL 60653
      View Details
    • New
      $290,000
      1,875 SF
      Oversized Condo in Historic Oakland
      Spacious 2-bedroom condo near Oakwood Beach and downtown Chicago.
      3976 S Ellis Avenue #GS, Chicago, IL 60653
      View Details

    Similar Nearby for Sale

    • $6,995,000
      21-Unit Apartment Building Portfolio
      Seven three-flat buildings offer contemporary three-bedroom residences with private outdoor space and garage parking.
      3920-34 S Calumet Avenue, Chicago, IL 60653
      View Details
    • $1,200,000
      7-Unit Brick Apartment Building
      Historic multifamily asset with a defined unit mix, MULTI zoning, and access to Lake Shore Drive and public transit.
      619 E Groveland Park, Chicago, IL 60653
      View Details
    • New
      $1,705,000
      Masonry Center-Entrance Multifamily
      Stabilized 6-unit multifamily with gated parking spaces and extensively renovated masonry/limestone center entrance.
      4240 S Calumet Avenue, Chicago, IL 60653
      View Details
    • New
      Contact for pricing
      34-Unit Apartment Building Portfolio
      Two-building multifamily portfolio with varied unit layouts and capital improvements across kitchens, bathrooms, electrical, roofs, and plumbing.
      4208 & 4213 S. Michigan Ave, Chicago, IL 60653
      View Details
    • $900,000
      0.14 Acres
      Multifamily Residential Building
      For-sale multifamily property zoned MULTI, located in Chicago’s 60653 area.
      4601 S Vincennes Avenue, Chicago, IL 60653
      View Details
    • New
      $290,000
      1,875 SF
      Oversized Condo in Historic Oakland
      Spacious 2-bedroom condo near Oakwood Beach and downtown Chicago.
      3976 S Ellis Avenue #GS, Chicago, IL 60653
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,948 sqft
      Mixed-Use Retail with Station Access
      Up to 4,741 SF of retail space is available in a mixed-use building with 99 residential units above.
      4308-4312 S Calumet Ave, Chicago, IL 60653
      View Details
    • Contact for pricing
      1,216 sqft
      Retail Space Adjacent to CTA Station
      Up to 4,741 SF available for lease in a building with retail on the first floor and residences above.
      4308-4312 S Calumet Ave, Chicago, IL 60653
      View Details
    • Contact for pricing
      1,530 sqft
      Mixed-Use Retail Lease
      Up to 4,741 SF of retail space is available in a building with 99 residential units above the first floor.
      4308-4312 S Calumet Ave, Chicago, IL 60653
      View Details
    • New
      $12 SF/Yr
      Specialty Commercial Property
      Specialty commercial property available for lease in Chicago, IL.
      507 E Pershing Rd, Chicago, IL 60653
      View Details
    • $29 SF/Yr
      High-Traffic Retail Space in Bronzeville
      Retail space in historic building, available Q3 2024.
      62 E 47th Street, Chicago, IL 60653
      View Details
    • New
      Contact for pricing
      14,000 sqft
      Multi-Storefront Retail Building
      Retail building with five storefronts, currently being remodeled, and space that can be divided for flexible leasing.
      4650 S Indiana Ave, Chicago, IL 60653
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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