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5840 S King Dr 8 Unit Apartment Building For Sale Chicago, IL 60637

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EXECUTIVE SUMMARY

Multi-family building for sale, on the corner of King and 59th St. Building is directly across the street from Bynum Island and Washington Park. 8 total units including 2 garden level apartments. Property is in The Chicago Housing Authority's Project-Based Voucher (PBV) program

PROPERTY FACTS

Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 16,040 SF
No. Stories 3
Year Built/Renovated 1914/2012
Opportunity Zone Yes
Zoning RM-5 - Residential Multi-Unit District

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-15-124-028-0000
Land Assessment
$33,642
Improvements Assessment
$56,858
Total Assessment
$90,500
  • Listing ID: 35706398

  • Date on Market: 5/1/2025

  • Last Updated:

  • Address: 5840 S King Dr, Chicago, IL 60637

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