Financial
Distress signals
Property profile

4636 S King Dr Chicago, IL 60653

FOR SALE
Retail space
Property ID
US28-2562940
8,200 SF 0.17 ac lot Built 1922
Last sale May 1999
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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4636 S King Dr, Chicago, IL 60653 For Sale
$1,500,000 8,200 SF
4636 S King Dr, Chicago, IL 60653
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Property summary

AI-generated overview

The Mammoth Life and Accident Insurance Company Limestone Building is a 7,500-square-foot office property constructed in 1925 and designed by architect Henry L. Newhouse. The building is a limestone structure that requires complete rehabilitation and is characterized as being in its existing condition. It is located in Chicago’s Bronzeville area near Grand Boulevard and 47th Street, with proximity to the Green Line, Lake Shore Drive, and the Dan Ryan Expressway, and with Downtown Chicago

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value$61k
Assessed land$17k
Assessed improvement$44k
Effective rate23.76%

Value estimate

· Sep 2026
$410k
$369k – $451k
AI approach$320k
NOI build-up
Gross scheduled income$162k
Vacancy & credit loss−$14k
Operating expenses−$44k
NOI · 6.92% cap applied$104k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$146/SF
Submarket average, outlier-cleaned · 2181 recorded sales of this use type
Observed band · Q1–Q3$69 – $260
Qualifying comparables7

Cap rate analysis

How does the asset earn?
6.92%
$104k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.5
Kitchen & Bath11.6
Law Firm10.3

Location

4636 S King Dr Chicago, IL 60653
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4644 Drexel, Chicago, IL 60653-4312 $6,795,000 Feb 2024 11,100 SF
706 8th E 47th, Chicago, IL 60653 $1,048,000 Sep 2023 6,800 SF
311 43rd, Chicago, IL 60653 $415,000 Jun 2023 10,200 SF
301 15th E 43rd, Chicago, IL 60653 $415,000 Jun 2023 10,200 SF
4007 Wabash, Chicago, IL 60653-2120 $450,000 Mar 2021 8,500 SF
644 47th, Chicago, IL 60653 $500,000 Nov 2019 6,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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