5930 South King, Chicago IL 60637
$550,000

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Property Description

RM5 Zoning - Prime development opportunity in the one of the most up and coming areas in the city. Lot size is 42.5 x 177.25 that features a main (front) building (8,000 sf) and a live/work coach-house (1700 sf). Architectural plans and renderings available for 6 units with its current layout. Opportunity and potential for a bigger development also possible. Make your appointment today to check out this RARE opportunity.

Features & Information

Key Details

  • List Price $550,000
  • Property Taxes $7,223
  • Price/ Sq. Ft. Unavailable
  • Year Built 1894
  • Status Active

Building Information

  • Age of Building Older
  • Exterior Construction Brick
  • Heating & Cooling None

Location

  • County Cook
  • Directions to Property King Dr To South 5930
  • Property Taxes

  • Tax 7223
  • Parcel Identification Number 20153050320000

Listed by Robert Adolfson for @properties Christie's International Real Estate | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/7/2024 11:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Washington Park

For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.

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