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About This Home
This 15-bedroom, 10-bathroom residential multi family at 5930 S King Drive in Chicago, IL is listed for $575,000. Built in 1894, on a N/A lot.
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.
Key Features
- Built in 1894
- 4 stories
Property Details
Monthly Cost Estimate
$3,075/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5930 S King Drive
Chicago, IL 60637
Property Details
Construction
Questions & Answers
This 15-bedroom, 10-bathroom residential multi family at 5930 S King Drive is listed at $575,000. The estimated monthly payment is $2,492 based on 20% down at 6.5% interest.
Key features include: Built in 1894, 4 stories.
This property is listed by Rafay Qamar and can be reached at (630) 439-6385 or rafay@qamargroup.com.