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4924 S Martin Luther King Dr
Chicago, IL 60615
Newly Renovated, Condo Quality Six Unit · Multifamily Property For Sale
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6 Units
Investment Highlights
- Three Story, Multi Family Building in Bronzeville, on S King Drive, just South of 49th
- First level has two - 5BD/3BA duplex down units ($3300 per month); Second and third has four - 3BD/2BA (1700 SF) simplexes (rent $27-2800 per month)
- Building is ready to either condo or lease at your own rate; similar simplex comps are at $375k each and duplex comps at $425k each
Property Facts
| No. Units | 6 | Lot Size | 1.02 AC |
| Property Type | Multifamily | Building Size | 11,676 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1890/2021 |
| Building Class | C | ||
| Zoning | RM-5 - Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.02 AC |
| Building Size | 11,676 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1890/2021 |
| Zoning | RM-5 - Residential |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Heating
- Hardwood Floors
- Oven
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | $1,750 | 1,700 |
| 5+3 | 2 | $3,300 | 3,400 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $904,287 | |
| Land Assessment | $115,214 | Total Assessment | $1,019,501 |
Property Taxes
Parcel Numbers
Land Assessment
$115,214
Improvements Assessment
$904,287
Total Assessment
$1,019,501
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