4924 South King DriveChicago, IL 60615Price: $1,499,000

  • Price: $1,499,000
  • 42 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* 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.
  • 13,000Square Feet
  • 1890Year Built

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Exceptional Investment Opportunity in Vibrant Bronzeville Set on Historic King Drive. Stately fully stabilized enormous all masonry center entrance side by side 6 residential units + 3 car garage and 3 gated exterior parking spaces NOI $146,695 /9.7% CAP. Largely Gut Renovated 2021 include interior unit demo to studs, electrical, plumbing, HVAC, H20, millwork, flooring, windows, kitchens, and baths, offer abundant choice for numerous investment objectives. Intelligent design, expansive floorplans, Unit Mix includes massive (5) 3 bedroom 2 Baths and (1) 5-bedroom 3 bath duplex. Significant appointments, professional grade kitchens, in suite primary bedroom/bath, resort inspired bathrooms, individual HVAC, washer dryers in units in 5 of 6 units, wide plank engineered flooring, decorative fireplaces flanked by built ins, designer lighting and front terraces are a soft sampling of all unit features. Palpable growth asset Exceptional location provides urban intimacy coupled with hyper-convenience and strong proximity to U of C ecosystem, Lakefront, Rush Medical Center, Loop, Green Line, Expressways. 48 hours' notice M-F 10am to 4pm to show. Rare opportunity to obtain sizeable footprint strategically positioned for continue long term growth. See brokers private remarks.

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Listed by Karen Biazar and Staci Slattery of North Clybourn Group,Inc.

Based on information submitted to MRED  as of February 21, 2024 . 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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