Listed by Real Broker LLC, Compass Chicago, Kale Realty
$550,000
5930 S King Drive
Details
APN 20153050320000
Property Type Multifamily
Sub Type Apartment Building
Year Built 1894
Zoning MULTI
Multifamily
Marketing description
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.
Listing Contacts
Listed by Real Broker LLC, Compass Chicago, Kale Realty
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