4550 King DrChicago, IL 60653

For Sale
$1,050,000

Prime Bronzeville location, six updated units.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional six-unit apartment building, located in Chicago's thriving Bronzeville neighborhood, presents a compelling investment opportunity. The property boasts 11,748 square feet and features six spacious three-bedroom, two-bathroom units, each with tastefully updated kitchens and bathrooms. Recent capital improvements include a modern Weil McLain boiler with R&D control system, updated copper plumbing, and a complete roof replacement in 2018. An on-site laundry facility adds further convenience for residents. Situated just two blocks from the Green Line "El" train station at 47th, this property benefits from excellent public transportation access. The building's desirable unit mix and current market rents offer significant potential for rental increases, promising substantial returns for the new owner. The prime location within a rapidly expanding neighborhood makes this a truly exceptional investment opportunity in a high-demand area. The asking price for this well-maintained property is $1,050,000.

Highlights

  • Six spacious three-bedroom, two-bathroom units.
  • Modern Weil McLain boiler with R&D controls.
  • Copper plumbing throughout.
  • Updated kitchens and bathrooms.
  • Prime Bronzeville location.

Property Details for 4550 King Dr

Property type
Multifamily properties, Apartment buildings
Square Feet
11,748 SF
Units
6

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8115778
Longitude
-87.6172267
4550 King Dr, Chicago, Illinois

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4550 King Dr
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