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$119,000 Contingent
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Property Description
Unlock instant equity with this appealing 3-bedroom, 3-bathroom condominium, perfectly situated across from scenic Washington Park. The unit is being sold as-is and provides a value-add opportunity for a great residence or a strategic addition to your rental portfolio. The unit features a fantastic view of the park from the front sunroom, which flows into a spacious living room centered around a cozy fireplace. Enjoy the classic charm of hardwood floors throughout, plus the convenience of in-unit laundry. Peace of mind is provided by a secure, gated entrance and one assigned parking space in the private lot at the rear of the building. Location is unbeatable: You are just one block from the train station, steps to CTA Bus Stops, and minutes from the University of Chicago, the Museum of Science and Industry, shopping, and Lake Michigan. Invest in Bronzeville, poised for major growth: Nearby economic development includes the recently opened Northwestern Medicine Bronzeville Outpatient Center, the 77,050 sq. ft. Sunshine Community Center, and a collaborative new Healthcare and Education Center from UChicago and City Colleges of Chicago near King Dr. and Garfield Blvd. This property's potential for future appreciation is undeniable.
Full Property Details
Full Property Details for 5140 S King Dr #A1
General
- Price: $119,000
- HOA FEE: $427/month
- Taxes: $1,203 (2023)
- Status: Contingent
- Type: Condo
- Source: MRED
- MLS ID: 12498625
- Updated: 12/8/2025
- Added to Site: 118 day(s) ago
Interior
- Basement: Finished, P
- Interior Features: Granite Counters, Separate Dining Room
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas Starter
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: Commuter Bus, Commuter Train
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 1
- Parking Features: Assigned, Yes, Owned
Location
- Area: CHI - Washington Park
- County: Cook
- Township: Hyde Park
- Driving Directions: 51st street, east to King Drive, south to property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Parking, Insurance, Exterior Maintenance, Lawn Care, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Chicago Property Services
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Partial
- Sub-Flooring: Hardwood
- Entry Floor Number: 1
- Stories/Levels: 3
- Square Feet: 1,710
- Sq. Ft. Source: Estimated
- Year Built: 1939
- Built Before 1978: Yes
Unit Information
- Units in Building: 45
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $427
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1939
- Tax Amount: $1,203
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 20103060691001
Listed by Ardain Real Estate Inc.
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Schools
Schools serving 5140 S King Dr #A1
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Burke Elementary School 5356 South King Drive, Chicago, IL 60615 | PK-8 | 0.2 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.7 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 5140 S King Dr #A1
Date
Details
Price
Change
Source
10/27/2025
Listed
$119,000
240%
MLS
11/06/2013
Sold
$35,000
—
Public Record
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 5140 S King Dr #A1
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,203
5%
$8,998
—
2022
$1,151
1%
$8,998
—
2021
$1,143
-42%
$8,998
-24%
2020
$1,955
1%
$11,880
-9%
2019
$1,943
-41%
$13,099
-35%
2018
$3,301
-12%
$20,144
-3%
2017
$3,753
2%
$20,809
—
2016
$3,668
10%
$20,809
—
2015
$3,332
-3%
$20,809
-1%
2014
$3,438
2%
$21,096
—
2013
$3,359
1%
$21,096
—
2012
$3,338
—
$21,096
—
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 5140 S King Dr #A1
5140 S King Drive #A1, Chicago, IL 60615 (MLS# 12498625) is a Condo property with 3 bedrooms and 3 full bathrooms. 5140 S King Drive #A1 is currently listed for $119,000 and was received on October 27, 2025. Want to learn more about 5140 S King Drive #A1? Do you have questions about finding other Condo real estate for sale in Washington Park? You can browse all Washington Park real estate or contact a Coldwell Banker agent to request more information.

