See Home Value
$1,209,303*
Commercial - Off Market

4530 S King Drive

Chicago, IL 60653
bedrooms
Studio
bathrooms
0 Bath
square feet
15800 Sqft
$1,080,000 - $1,320,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

100% occupancy with most families long term tenants. Walk in as a new building owner and start making money first day. Huge 4 and 3 bedroom units offer 2030 SQ FT and 1920 SQ FT (respectively) of living space. Historic Bronzeville district is attracting families as well as investors with lots of opportunities. It is one of Chicago's most desirable and appreciating neighborhoods. Short walking distance to Marianos and restaurants, train station, close to Expressway, 10 mins South of Downtown Chicago.  Big ticket capital improvements already done: New Roof end of 2020, Tuckpointing summer of 2020, New Chimney 2020, Lots of new windows 2020-2022, North tear units have brand new plumbing in kitchen (city inspected and passed), couple units have newly updated living rooms with new electrical (city inspected and passed) and new windows. New building entrance door is coming soon. Garage is rented to the neighbor for $100/month cash or zelle. Possible extra income by adding washer and dryer in the laundry area.

The manager has listed the unit size as 15800 square feet.
Unit Size
15,800Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$76
Property Type
Commercial
Property Taxes
$876
HOA Dues
-
Year Built
1887

Price History

Date / Event Date Event Price
May 26, 2023 Sold $900,000
Sold
May 25, 2023 No longer available -
No longer available
Mar 16, 2023 In contract -
In contract
Jan 26, 2022 Listed $1,200,000
Listed
Sep 7, 2017 Sold to Investment Llc Series Gpp Iii $405,000
Sold to Investment Llc Series Gpp Iii

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Brick
Stone


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220126
01/26/2022
Loft
-
15800 ft²
$1,200,000
bedrooms
Loft
bathrooms
-
square feet
15800 ft²
-
-
-
Gediminas Cesevicius
USA Realty Group Inc

Building Info

4530 South King Drive 4530 South King Drive, Chicago, IL 60653
More about this Building
4530 South King Drive
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