1 /
46
Map
$1,300,000
●
Commercial -
For Sale
4301 S King Drive
Chicago, IL 60653
Studio
0 Bath
12580 Sqft
$6,384
Estimated Monthly
$0
HOA / Fees
About This Property
Introducing the Iconic Theodore "T.K." Lawless Building - A
Bronzeville Historic Canvas for Creative Visionaries.
A testament to the pioneering spirit of Dr. Theodore "T.K."
Lawless, the T.K. Lawless Building at 4301 -4309 S. King Drive
stands as a living tribute to a trailblazing dermatologist whose
contributions to medicine continue to resonate. The north side of
the building proudly showcases a stunning mural of the legendary
Nat King Cole, a nod to the rich cultural tapestry of Bronzeville.
Dr. Lawless's legacy is etched in the annals of
Chicago's medical history. His clinics, housed in the T.K. Lawless
Professional Building, drew patients from across the nation,
establishing him as a luminary in dermatology. This
remarkable site spans 10,900 SF (0.25 acres) and boasts 109 feet of
frontage along East 43rd Street and 100 feet along S. King Drive,
ensuring optimal accessibility and visibility. With an average
daily vehicle count of 11,700 along S. King Drive, this location is
primed for success. The vintage two-story commercial
office building, with a gross building area of 12,580 SF, provides
an expansive canvas for redevelopment. The first floor, spanning
6,290 SF, features conference rooms and administrative
offices, while the second floor mirrors this layout, augmented by
additional offices, conference rooms, restrooms, and a training
room. Although the property currently functions as administrative
offices, the dated condition offers a blank slate for a visionary
developer. Zoned B3-3, Community Shopping District, by
the City of Chicago, the T.K. Lawless Building presents a rare
opportunity for a visionary developer. The building,
constructed between the 1930s and 1940s, exudes historic charm with
its concrete block structure, masonry exterior walls, and flat
composite roof. Though currently in dated condition, this canvas
holds immense potential for a creative revival. Its
rich history combined with the burgeoning arts scene in Bronzeville
make it an ideal canvas for conversion into artist lofts or a
creative hub, breathing new life into this venerable space.
Beyond its rich history, this property offers strategic
access to area expressways. The Dan Ryan Expressway (I-94) lies a
mere 1.20 miles to the west, while Lake Shore Drive is conveniently
located just 0.50 miles to the east. Moreover, the property is a
mere 5 miles south of the bustling Chicago Downtown Central
Business District. Embark on a transformative journey
with the T.K. Lawless Building, where history meets opportunity.
This is your chance to breathe new life into a cornerstone of
Bronzeville's legacy.
The manager has listed the unit size as 12580 square feet.
The manager has listed the unit size as 12580 square feet.
Unit Size
12,580Ft²
Days on Market
91 days
Land Size
-
Price per sqft
$103
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Last updated: 3 months ago (MREDIL #11969278)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 29, 2024 | Listed by MoHall Commercial & Urban Development LLC | $1,300,000 | |
Listed by MoHall Commercial & Urban Development LLC |
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Brick
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
4301 South King Drive
4301 South King Drive, Chicago, IL 60653
- 2 Units for Sale