For Sale
$1,050,000

4550 S King Dr Chicago, IL 60653

Prime Bronzeville location, six spacious 3-bed/2-bath units.

Property records and analytics

Overview

Added:
Jan 16
Days on market:
96
Exceptional investment opportunity in Chicago's thriving Bronzeville neighborhood. This meticulously maintained six-unit walk-up building at 4550 S King Dr boasts six spacious 3-bedroom, 2-bathroom apartments, each featuring tastefully updated kitchens and bathrooms. The property benefits from recent capital improvements, including a modern Weil McLain boiler with R&D control system, updated copper plumbing, and a complete roof replacement in 2018. An on-site laundry facility adds further convenience for residents. Situated just two blocks from the Green Line "El" station at 47th, this property enjoys excellent transit access. The building's desirable unit mix and current market rents present a significant opportunity to increase rental income. With a 0.27-acre lot and a building size of 11,748 square feet, this property offers substantial upside potential for savvy investors seeking a strong return on investment in a rapidly appreciating area. The property is priced at $1,050,000.

Highlights

  • Six spacious 3-bedroom, 2-bathroom units in a desirable location.
  • Recently updated copper plumbing, roof (2018), and modern boiler system.
  • Prime Bronzeville location, two blocks from the Green Line "El" train station.

Property Details for 4550 S King Dr

Property type
Residential income homes, Residential income properties
Square Feet
11,748 SF
Price / Square Foot
$89.38
Elevators
N/A
Lot Size (sq. ft)
11,748 SF

Location Insight

City
Chicago
County
State
Illinois

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FAQs

What type of property is this?
Residential income home - Prime Bronzeville location, six spacious 3-bed/2-bath units.
Where is the residential income home located?
The property is located at 4550 S King Dr Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Six spacious 3-bedroom, 2-bathroom units in a desirable location.; Recently updated copper plumbing, roof (2018), and modern boiler system.; Prime Bronzeville location, two blocks from the Green Line "El" train station.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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(630) 209-3622

Contacts

Noah Birk
Visit Broker Website

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4550 S King Dr
Chicago, IL 60653

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Chicago, IL 60653

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4550 S King Dr
  • Noah Birk
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