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$575,000
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Property Description
Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.
Full Property Details
Full Property Details for 5930 S King Dr
General
- Price: $575,000
- Taxes: $11,695 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12594302
- Updated: 3/23/2026
- Added to Site: 17 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 8
- Upper - Full Baths: 8
Bedrooms
- Total Bedrooms: 12
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: No Garage, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Washington Park
- County: Cook
- Township: Hyde Park
- Driving Directions: King Dr N/S to 5930
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Stone
- Roof: Asphalt
- Year Built: 1894
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Additional Structures
- Other Structures: Guest House
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 42.5 x 177.25
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1894
- Tax Amount: $11,695.57
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20153050320000
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Schools
Schools serving 5930 S King Dr
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Dulles Elementary School 6311 South Calumet Avenue, Chicago, IL 60637 | K-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5930 S King Dr
Date
Details
Price
Change
Source
3/17/2026
Listed
$575,000
91.03%
MLS
9/29/2020
Sold
$301,000
—
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 5930 S King Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,426
3%
$35,080
—
2022
$7,238
-6%
$35,080
-8%
2021
$7,664
20%
$37,999
33%
2020
$6,386
-2%
$28,668
-12%
2019
$6,545
2%
$32,578
—
2018
$6,435
—
$32,578
9%
2017
$6,409
7%
$29,772
—
2016
$5,963
9%
$29,772
—
2015
$5,456
20%
$29,772
21%
2014
$4,554
2%
$24,545
—
2013
$4,464
1%
$24,545
—
2012
$4,404
—
$24,545
—
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 5930 S King Dr
5930 S King Drive, Chicago, IL 60637 (MLS# 12594302) is a Multi-Family property with 4 units containing 12 bedrooms and 0 full bathrooms. 5930 S King Drive is currently listed for $575,000 and was received on March 17, 2026. Want to learn more about 5930 S King Drive? Do you have questions about finding other Multi-Family 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.

