5714 South MARTIN LUTHER KING DriveChicago, IL 60637Price: $550,000

  • Price: $550,000
  • 70 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 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.
  • 1900Year Built

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AMAZING OPPORTUNITY FOR APARTMENT RENOVATOR OR CONDOMINIUM CONVERSION. THIS GEM ON MARTIN LUTHER KING DRIVE IS AN OPPORTUNITY THAT COMES UP ONCE IN A GENERATION. SIX UNIT BUILDING PLUS A GENEROUS SIZED DOUBLE GARDEN UNIT WHICH WAS OCCUPIED BY THE LONGTIME OWNER. THERE ARE ELEVATED GRACIOUS STEPS TO THE OPEN COVERED PORCH AND ENTRY FOYER. ALL SIX UNITS ARE APPROXIMATELY THE SAME SIZE (EACH ESTIMATED 1750-1800 SQ FT). COMMON UNIT FEATURES INCLUDE HIGH CEILINGS (9-1/2 FT APPROX), ORIGINAL HARDWOOD FLOORS, LARGE LIVING ROOMS WITH DECORATIVE FIREPLACES, SPACIOUS DINING ROOMS WITH BAYS, FOUR LARGE SIZED BEDROOMS, TWO FULL BATHS AND KITCHENS WITH ORIGINAL CABINETRY AND PANTRIES. THERE ARE INDIVIDUALLY CONTROLLED FURNACES, REPLACEMENT WINDOWS, AND NEWER CONCRETE SIDEWALKS. OPEN BALCONIES ON 2ND AND 3RD FLOORS. PLEASANT FENCED YARD WITH FOUR CAR GARAGE. TWO UNITS ARE OCCUPIED BY LONGTIME TENANTS ON A MO/MO BASIS. ALL OTHERS ARE AVAILABLE. ESTATE SALE - SOLD IN "AS-IS" CONDITION.

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Listed by George Ristau and Michael Ristau of Weichert,Realtors - All Pro

Based on information submitted to MRED  as of November 29, 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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