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5930 S King Drive Chicago, IL 60637

$575,000
Active / MLS# 12594302 / Multi Unit - Multiple / Chicago
12 Beds
8 Baths

Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.

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Estimated Payment

$ 2,420.07 per month $1,277.78 Principal & Interest $974.58 Property Tax $167.71 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Garage: 3
Heating: None
Lot Size: 42.5 X 177.25
Roof Type: Asphalt
Taxes: $11,695
Year Built: 1894

Feature Descriptions

Additional Structures: Guest House
Exterior: Brick
Lot Dimensions: 42.5 X 177.25
Parcel#: 20153050320000
Parking: No Garage, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 24
Township: Hyde Park
Water: Public

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Real Broker LLC

Listing Office Phone: 217-960-8605



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