New Construction
Address
5930 S King Drive, Chicago, IL
Price
$ 550,000
Property Attributes
- MLS#12594306
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Washington Park
- NeighborhoodWashington Park
- Zip60637
- Style
- Year Built1894
- Taxes$ 11695
- Price$ 550,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property 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.
| Price History | |
|---|---|
| 3/17/2026 | Listed $575,000 |
| 4/20/2026 | 5$550,000 |
General Features
| Zoning | MULTI |
|---|---|
| Construction Materials | Brick |
| Year Built | 1894 |
| Stories Count | 4 |
| Township | Hyde Park |
| Tax Year | 2023 |
| County | Cook |
| Operating Expense | 11695 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | King Dr North or South to 5930 |
| City | Chicago |
| Number Of Units Total | 5 |
| MLS Area | CHI - Washington Park |
| Tax Annual Amount | 11695.57 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Exterior Features
| Lot Dimensions | 42.5 X 177.25 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60637
Price
Taxes
Year Built
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