www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
21067697
21067698

4636 S Martin Luther King Dr, Chicago, IL 60653

SB
IL 475.148177
Realty One Group Heartland
Listed by Realty One Group Heartland
$1,500,000
525 days on market
Updated 46 days ago

Chicago Bronzeville/Grand Boulevard 4636 S. King Drive

Details
Property Type Office, Retail (+1)
Sub Type Bank, Executive Office (+1)
Square Footage 7,500
Net Rentable (SqFt) 7,500
Brand/Tenant Starbucks
Price per SqFt $200
Broker Co-Op Yes
Class A
Year Built 1925
Buildings 1
Stories 2
Lot Size (SqFt) 18,750
Zoning B3-3
Investment Type Redevelopment
Ceiling Height 30

REDEVELOPMENT MULTI-PURPOSE FREESTANDING LIMESTONE BUILDING

Marketing description

GRAND & ELEGANT DEFINES THE HISTORICAL MAMMOTH LIFE AND ACCIDENT INSURANCE COMPANY LIMESTONE BUILDING. ARCHITECT HENRY L. NEWHOUSE CHICAGO’S 1ST BLACK OWNED INSURANCE COMPANY. THIS MASTERPIECE BUILT IN 1925 IS A TWO-STORY FREESTANDING 7,500 SQ FOOT BUILDING LOCATED IN THE HEART OF BRONZEVILLE AND GRAND BOULEVARD 47TH STREET EMERGING RETAIL DISTRICT. ZONED B3-3 COMMUNITY SHOPPING DISTRICT ALLOWS FOR A MULTITUDE OF USES. APARTMENTS, CONDOMINIUM’S, HOTEL ROOMS ARE PERMITTED TO BE BUILT ABOVE THE GROUND FLOOR. THIS PARCEL IS LOCATED WITHIN CHICAGO’S SOUTHSIDE QUAD COMMUNITIES NOTABLE NEIGHBORHOODS NORTH KENWOOD AND HYDE PARK, WHICH CONNECTS AND ALL ENCIRCLES THE CHICAGO LAKEFRONT EXTENDING TO THE MCCORMICK PLACE CONVENTION CENTER. THESE QUAD COMMUNITIES KNOWN FOR THEIR RICH HISTORY IS CURRENTLY EXPERIENCING A CULTURAL AND LIVING RENAISSANCE. WALKABLE TO THE GREEN LINE, LAKE SHORE DRIVE JUST A FEW MILES EAST AND THE DAN RYAN EXPRESSWAY A FEW MILES WEST. A 15 MINUTE DRIVE TO DOWNTOWN CHICAGO. THIS PARCEL OFFERS THE MOTHER LOAD OF REDEVELOPMENT OPPORTUNITIES. 2ND GENERATION BANKING INSTITUTION, HOTEL, CONDO CONVERSION, APARTMENTS, ALL OFFICE TYPES, HEADQUARTERS, ARTS, INSTITUTIONAL SCHOOL AND MORE. SELLERS ARE HIGHLY MOTIVATED CONSIDERING OFFERS!

Investment highlights

REDEVELOPMENT OPPORTUNITY

FREESTANDING BUILDING

TWO-STORY

7500 SQUARE FOOT

ZONED B3-3 COMMUNITY SHOPPING DISTRICT

SOUTHSIDE CHICAGO QUAD COMMUNITIES

WALKABLE TO GREEN LINE

15 DOWNTOWN CHICAGO

SHORT DISTANCE TO LAKE SHORE DRIVE & MCCORMICK PLACE CONVENTION CENTER

Listing Contacts

SB
IL 475.148177
Realty One Group Heartland
Listed by Realty One Group Heartland

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Shiree Booker
License
475.148177
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591