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5722 S King Drive, Chicago, IL 60637
$400,000
5722 S King Drive, Chicago, IL 60637View this property at 5722 S King Drive, Chicago, IL 60637
5722 S King DriveChicagoIL60637
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Property Description
Sophisticated Investors, this property is an amazing opportunity for apartment renovation or condominium conversion. It is a solid red brick, 6-unit apartment building, across the street from beautiful Washington Park and only two miles from the upcoming Obama Presidential Center. Property also includes a generous sized garden unit. It is being sold "as is" and will require a complete gut/rehab. The current configuration includes 5 spacious units with 4 BR/2BA and 1 unit with 3BR/2BA. The garden unit has 3 BR/1 BA, with high ceilings (approx. 9-1/2 ft). Basement has front and rear entrances. Concrete slab behind the backyard can accommodate up to 6 cars for off street parking. Property has been professionally appraised. Do your drive by viewing of this "diamond in the rough" today!
Full Property Details
Full Property Details for 5722 S King Dr
General
- Sold For: $400,000
- Taxes: $9,681 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11729555
- Added to Site: 421 day(s) ago
Parking
- Total Spaces: 6
Location
- Area: CHI - Washington Park
- County: Cook
- Driving Directions: 90/94 to 55th street/Garfield Blvd. East to King Drive. South to 5722.
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiators
Utilities
- Onsite: Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Tar and Gravel
- Stories/Levels: 3
- Square Feet: 12,207
- Year Built: 1905
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,382
- Lot Dimensions: 179' x 58'
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1905
- Tax Amount: $9,681
- Tax Year: 2021
- Tenant Pays: None
Disclosures and Reports
- Property ID: 20151180160000
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Schools
Schools serving 5722 S King Dr
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5740 S Michigan Ave, Chicago, IL 60637 | PK-8 | 0.3 mi | |
244 E Pershing Rd, Chicago, IL 60653 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5722 S King Dr
Date
Details
Price
Change
Source
10/23/2023
Sold
$400,000
-14.89%
MLS
7/27/2023
Price Reduced
$470,000
-1.05%
MLS
3/02/2023
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5722 S King Drive, Chicago, IL 60637 (MLS# 11729555) is a Commercial property that was sold at $400,000 on October 23, 2023. This property was listed by Jan Toye from our Hyde Park Office.Want to learn more about 5722 S King Drive? Do you have questions about finding other Commercial 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.