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$900,000
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Property Description
Grand & Elegant Defines The Historical Mammoth Life and Accident Insurance Company Limestone Building. Architect Henry L. Newhouse. Chicago'S 1St Black Owned Insurance Company. Built in 1925 This 7,500 Square Feet Building Is Located in The Heart Of Bronzeville/Grand Boulevard 47Th Street Emerging Retail District! Zoned B3-3 Community Shopping District, Allows More Types Of Businesses With Apartment Permitted Above The Ground Floor. Close To Green Line, Lake Shore Drive (East) and Dan Ryan Expressway (West) 15 Minutes From Downtown Chicago. This Property Offers The Mother Load Of Redevelopment Opportunities! Sold "As Is". This Parcel Is Suited For A Credit Union, Banking Institution, All Office Type Businesses. Needs Complete Rehab. Seller Highly Motiviated Considering All Offers.
Full Property Details
Full Property Details for 4636 S King Dr
General
- Price: $900,000
- Taxes: $14,452 (2022)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12108991
- Updated: 10/22/2025
- Added to Site: 554 day(s) ago
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Township: Hyde Park
- Driving Directions: MARTIN LUTHER KING DRIVE NORTH OR SOUTH TO PROPERTY
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Stories/Levels: 1
- Year Built: 1925
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Lot Dimensions: 75 x 150
- Zoning: OTHER
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1925
- Tax Amount: $14,452
- Tax Year: 2022
Disclosures and Reports
- Property ID: 20033230180000
Listed by Realty One Group Heartland
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Schools
Schools serving 4636 S King Dr
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mollison Elementary School 4415 S Dr Martin L King Jr Dr, Chicago, IL 60653 | PK-8 | 0.3 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1 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 4636 S King Dr
Date
Details
Price
Change
Source
10/16/2025
Price Reduced
$900,000
-18.18%
MLS
1/28/2025
Price Reduced
$1,100,000
-33.33%
MLS
12/04/2024
Price Reduced
$1,650,000
-45%
MLS
11/21/2024
Price Reduced
$3,000,000
-25%
MLS
7/11/2024
Listed
$4,000,000
—
MLS
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
Tax History for 4636 S King Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,982
4%
$61,089
—
2022
$14,453
-27%
$60,825
-28%
2021
$19,851
28%
$84,897
40%
2020
$15,562
163%
$60,825
137%
2019
$5,912
1%
$25,665
—
2018
$5,827
4%
$25,665
12%
2017
$5,606
7%
$22,852
—
2016
$5,224
9%
$22,852
—
2015
$4,796
-2%
$22,852
-1%
2014
$4,885
1%
$22,987
—
2013
$4,817
2%
$22,987
—
2012
$4,743
—
$22,987
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4636 S King Dr
4636 S King Drive, Chicago, IL 60653 (MLS# 12108991) is a Commercial property. 4636 S King Drive is currently listed for $900,000 and was received on July 11, 2024. Want to learn more about 4636 S King Drive? Do you have questions about finding other Commercial real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.

