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6220 S King Dr - New Construction 3-unit in Woodlawn 3 Unit Apartment Building Offered at $839,000 Chicago, IL 60637
EXECUTIVE SUMMARY
Gorgeous NEW Construction 3-unit in prime Woodlawn Location. Built by an experienced local builder and includes a 1-year developer's warranty. Contemporary & Modern design with the perfect blend of city living and convenience. Each unit has a spacious, open-concept layout and condo-quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, and in-unit laundry. Each unit is a large 3 bed/ 2 bath, with a luxury master bathroom at the rear and extra build-out storage closets. Located in the vibrant Woodlawn neighborhood, on the border wih Washington Park, this property offers unbeatable convenience, 2-minute walk to CTA line and easy access to Washington Park, Jackson Park, the lakefront, beaches, and the harbor. The highly anticipated Obama Presidential Center will further enhance this thriving community, already known for its unique dining, coffee shops, and nearby grocery stores. Prime investment opportunity, positioned for cash flow, appreciation, and creating generational wealth in one of Chicago's most exciting neighborhoods. Can arrange property management for any out-of-state buyers.
PROPERTY FACTS
| Price | $839,000 | Building Size | 3,900 SF |
| Price Per Unit | $279,667 | No. Stories | 3 |
| Sale Type | Investment | Year Built | 2025 |
| No. Units | 3 | Parking Ratio | 0.77/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $839,000 |
| Price Per Unit | $279,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 3,900 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 0.77/1,000 SF |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 3 | $2,300 | 1,300 |
1 1
Transit Score®
Excellent Transit (76)
PROPERTY TAXES
| Parcel Number | 20-15-317-056-0000 | Improvements Assessment | $0 |
| Land Assessment | $29,684 | Total Assessment | $29,684 |
PROPERTY TAXES
Parcel Number
20-15-317-056-0000
Land Assessment
$29,684
Improvements Assessment
$0
Total Assessment
$29,684
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6220 S King Dr - New Construction 3-unit in Woodlawn
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