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$1,200,000

  • For Sale
  • Active
  • Commercial
  • 12,000 Sq. Ft.
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Historic Bronzeville and south loop neighborhood within steps away from everything for the daily live necessities and essentials. Mixed-use building with recent full rehab and updates featuring 4-Residential units, all 3-bedrooms 2-baths, large size units each exceeding 1,500 Sq. ft. with master baths. Building has undergone major renovation and full updates with individual utilities. Has violation against basement retail units. Nearby the 31st beach, and the King Dr. bus stop commuting downtown. Minutes to Lake Shore Dr., major roads and interstates.

Full Property Details for 3428 S King Dr

General

  • Price: $1,200,000
  • Taxes: $21,445 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12478619
  • Updated: 11/19/2025
  • Added to Site: 110 day(s) ago

Additional Information

  • Security/Safety: Other

Location

  • Area: CHI - Douglas
  • County: Cook
  • Township: South Chicago
  • Driving Directions: Martin Luther Dr.-33 Rd Pl._King Dr. to address Between 33rd Blvd-King Dr. and 35th St. on King Dr
  • Location Details: Chicago South, Central Business District, Mixed-Use Area, Public Transport Avail, In City Limits, High Traffic Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Other

Utilities

  • Trash: 2400

Structural Information

  • Construction: Brick, Stone
  • Exterior Const.: Brick, Stone
  • Foundation: Concrete Perimeter
  • Stories/Levels: 3
  • Square Feet: 12,000
  • Current Bldg. Use: Special Use
  • # of Stores: 2
  • Year Built: 1893
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 10
  • # Dryers: 2

Lot Features

  • Lot Size (Sq. Ft.): 6,250
  • Lot Dimensions: 50 x 125
  • Frontage: City Street
  • Potential Use: Special Use
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $2,400
  • Security Deposit: Other
  • Assessment Year: 1893
  • Tax Amount: $21,445
  • Tax Year: 2023
  • Tenant Pays: Electricity, Varies by Tenant
  • Pays Electric: 4800
  • Pays Trash: 2400

Disclosures and Reports

  • Property ID: 17341230590000

Listed by Century 21 Circle

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— 3428 S King Dr —

  • Century 21 Circle

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3428 S King Dr

School District:Chicago Public School District 299
NameGradesDistance
Pershing Elementary Humanities Magnet
3200 South Calumet Avenue, Chicago, IL 60616
PK-80.3 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-110.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3428 S King Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$1,200,000
-14.22%
MLS
9/30/2025
Listed
$1,399,000
521.78%
MLS
4/26/2011
Sold
$225,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3428 S King Dr

Year
Property Taxes
Change
Tax Assessment
Change
2023
$21,444
3%
$101,304
—
2022
$20,902
2%
$101,304
—
2021
$20,432
-3%
$101,304
7%
2020
$21,086
11%
$94,653
—
2019
$19,017
2%
$94,653
—
2018
$18,697
15%
$94,653
26%
2017
$16,192
7%
$75,216
—
2016
$15,065
9%
$75,216
—
2015
$13,783
6%
$75,216
4%
2014
$12,978
57%
$72,515
51%
2013
$8,284
1%
$48,177
—
2012
$8,197
—
$48,177
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3428 S King Drive, Chicago, IL 60616 (MLS# 12478619) is a Commercial property. 3428 S King Drive is currently listed for $1,200,000 and was received on September 30, 2025. Want to learn more about 3428 S King Drive? Do you have questions about finding other Commercial real estate for sale in Douglas? You can browse all Douglas real estate or contact a Coldwell Banker agent to request more information.

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