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5628 S King Dr 8 Unit Apartment Building $985,000 ($123,125/Unit) 8.30% Cap Rate Chicago, IL 60637
Executive Summary
Interra Realty has been exclusively engaged to present for sale 5628-30 S. King Drive. Located Chicago's fast
appreciating Washington Park submarket, the subject property is a center entrance 8 unit building featuring (4) 4 BD/2
BA, (2) 3 BD/2 BA, (1) 3 BD/1 BA, & (1) 2 BD/1 BA unit layouts. There are 3 garden units, 4 garage spaces in the rear of the
property, and a laundry room on site for tenant convenience.
appreciating Washington Park submarket, the subject property is a center entrance 8 unit building featuring (4) 4 BD/2
BA, (2) 3 BD/2 BA, (1) 3 BD/1 BA, & (1) 2 BD/1 BA unit layouts. There are 3 garden units, 4 garage spaces in the rear of the
property, and a laundry room on site for tenant convenience.
Property Facts
| Price | $985,000 | Building Class | C |
| Price Per Unit | $123,125 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 11,400 SF |
| Cap Rate | 8.30% | No. Stories | 3 |
| No. Units | 8 | Year Built | 1913 |
| Property Type | Multifamily | Parking Ratio | 0.35/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RM-5 | ||
| Price | $985,000 |
| Price Per Unit | $123,125 |
| Sale Type | Investment |
| Cap Rate | 8.30% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 11,400 SF |
| No. Stories | 3 |
| Year Built | 1913 |
| Parking Ratio | 0.35/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM-5 |
Amenities
Site Amenities
- Laundry Facilities
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 4 | - | - |
| 3+2 | 2 | - | - |
| 3+1 | 1 | - | - |
| 2+1 | 1 | - | - |
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Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Exceptionally bikeable
90/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
5628 S King Dr