Property for Sale: 6555 S King, Chicago, IL 60637

$2,250,000
$2,250,000
6555 S King, Chicago, IL 60637
$2,250,000
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Price:
$2,250,000

Type Commercial
Year Built 1908

City Chicago
County Cook

MLS 12125622
Status Active
Take this opportunity to own a solid brick, 24 unit walk-up apartment building with a very desirable unit mix of all 2bed/1bath units. This property is located in the W. Woodlawn area, and was gutted down to the bricks and completely renovated just a few years ago. In addition to a new roof, new copper plumbing, new electrical, and new gas lines for the building, every unit was rehabbed with hardwood floors, new walls, new kitchens and bathrooms, new windows, in- unit circuit breakers, and individual gas forced air furnaces. There are four separate entrances - one on S. King Drive and the other three on 66th St. - and each one has exposed brick walls and a skylight that floods each entrance and stairway with an abundance of natural light. There are four separate basement entrances accessible through the rear courtyard, and one of these basements has a laundry area with 2 washers and 2 dryers available for tenant use. The Woodlawn area has seen tremendous change over the past few years, with the soon to be completed Obama Presidential Library (2 miles east of this property) driving change in E. Woodlawn, and other developments bringing change to the rest of the community. Just across 66th street from the 3 entrances to this property, the Rev. Corey Brooks and his Project H.O.O.D. are building the new 85,000 sq. ft. Robert R. McCormick Leadership and Economic Opportunity Center. This new community center will teach trades, entrepreneurship, music, and arts. It will also house a swimming pool and have other athletic facilities. There is easily accessible public transportation serving this area, with the CTA green line (light rail line) stop located 2 blocks north of the property and the CTA #3 bus line running north and south down King Drive - with a stop just outside the 6553 entrance to the building.

Room Features

Basement Description Unfinished

Lot & Building Features

Cooling Window Unit(s)
Tax Year 2022
Lot Dimensions 92X122 ft

Price History of 6555 King, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $2,250,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Kim Patton
Direct: 773-445-4442
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Pearson Realty Group, David McLennan
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6.75%
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6555 King (MLS #12125622) is a commercial listing located in Chicago, IL. This property was listed on 10/07/2024 and has been priced for sale at $2,250,000.

Nearby zip codes are 60615, 60619, 60620, 60621 and 60629.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Pearson Realty Group