4924 South KING DriveChicago, IL 60615Price: $1,999,000

  • Price: $1,999,000
  • 17 Days on Market
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Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1890Year Built

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Three Story, Multi Family Building in Bronzeville, on S King Drive, just South of 49th. Newly Renovated Apartments with modern interior design, stunning original masonry and gate secured three car garage, just off the alley. First level has one duplex down 5BD/3BA apartment (currently rented at $3300) and a simplex 3BD/2BA that can be converted into a duplex down. Second and third level feature four - 3BD/2BA (1700 SF) simplexes (currently rented at $2700-$2800 per month). New finishes include but not limited to: hardwood floors throughout, tons of natural light, private balcony, stainless steel appliances, in-unit laundry and updated HVAC. Each unit boasts large living/dining/kitchen area, primary bedroom with attached en-suite and additional bedrooms that can comfortably accommodate a queen bed. Most of the units have been updated, except 1N, which can be converted from 3BD/2BA to a 5BD/3BA and can increase the current income to $3300, similar to 1S. Utilities are separately metered, renters pay for gas and electric. Quick Drive to the Hyde Park Shopping and Dining District, Lake Michigan or steps from the train station. 0.4 Miles to the 47th Green line train station, multiple bus stops and close access to the Expressway or Lakeshore Drive.

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Listed by Dylan Carrigan and Ian Feinerman of @properties Commercial

Based on information submitted to MRED  as of June 25, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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