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$550,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 12 Total Beds
  • 3 Car Garage
  • Updated 1 day ago
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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 for 5930 S King Dr

General

  • Price: $550,000
  • Taxes: $11,695 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12594302
  • Updated: 8/28/2026
  • Added to Site: 165 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

Listed by Real Broker LLC

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Listing agents

— 5930 S King Dr —

  • Real Broker LLC

  • Real Broker LLC

(773) 516-1111

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 5930 S King Dr

School District:Chicago Public School District 299
NameGradesDistance
Dulles Elementary School
6311 South Calumet Avenue, Chicago, IL 60637
K-80.5 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/20/2026
Price Reduced
$550,000
-4.35%
MLS
3/17/2026
Listed
$575,000
—
MLS
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 5930 S King Dr

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,426
—
$58,001
65%
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
—
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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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 $550,000 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.

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