4530 S King Drive , Chicago, IL 60653

$1,225,000
  • 4530 S King Drive , Chicago, IL 60653 Main Photo

31 Photos

New to the Market New
BEDS0 BATHS SQUARE FEET15,800 MLS#12776982
STATUSNew PROPERTY TYPEMulti Unit - Multiple

Property Description

Attention Chicago investors! This building OOZES with Chicago charm! Three Huge 4-bedroom and 3-bedroom units offer 2030 SQ FT and 1920 SQ FT (respectively) of living space, plus two garden units (one 2-bed/1 bath & one 1 bed/1 bath unit). Total of 8 units in the building. Two vacant units, the rest of the building is occupied. Great opportunity to house hack! The Historic Bronzeville district is actively attracting a mix of live-in owners and real estate investors due to its rich cultural history, unique housing stock, and rapid economic revitalization. It has consistently been flagged as one of Chicago's most notable high-growth, appreciating neighborhoods. A short distance to Marianos, restaurants, public transportation, close to the expressway, and downtown Chicago. 4 garage parking spots (only 1 currently rented). Recent improvements include: updated fence (2026), NEW exterior staircase (2026), unit 3N fully renovated (floors, baths & kitchen), roof end of 2020, tuck pointing summer of 2020, new Chimney 2020, some windows replaced 2020-2022, updated plumbing in kitchen in north tear units (city inspected and passed), couple units have updated living rooms with updated electrical (city inspected and passed) and windows. Possible extra income by adding washer and dryer. Please note, one tenant currently occupies two of the units (1N & GN). The kitchen has been removed from GN as that unit primarily serves as storage however it can easily be put back.

4530 S King Drive | MLS# 12776982

This multi-family property located at 4530 S King Drive , Chicago, IL 60653 is currently listed for sale with an asking price of $1,225,000. Search Chicago real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.19 Acres
Roof Type: Reflective Coating
Stories: 3.0
Taxes: $12,504
Year Built: 1884

Feature Descriptions

Current Use: Multi-Family
Electric: Circuit Breakers
Exterior: Brick, Stone
Frontage Type: City Street, Public Road
HVAC: Radiators
Lot Dimensions: 54 X 150
Parcel#: 20033170230000
Potential Use: Multi-Family
Tenant Pays: Electricity, Other
Units: 8
Utilities: Sewer Connected

Listed By / Shown By

Listed By

Agency Name: Baird & Warner
Agency Phone: 773-697-5555

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

IDX logo

Estimate Your Payment

Estimated Payment

$ 8,251.59 per month $6,852.30 Principal & Interest $1,042.00 Property Tax $357.29 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder