4636 S KING Drive Chicago, IL ^$ 900,000

4636 S KING Drive

^$ 900,000

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4636 S KING Drive

Chicago, IL, 60653

^$ 900,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 5,615

4636 S KING Drive, Chicago, IL 60653 - Image 1

Commercial Property for sale in Chicago, IL

for $900,000. This building was built in 1925 on a lot size of 0.172176.

GRAND & ELEGANT DEFINES THE HISTORICAL MAMMOTH LIFE AND ACCIDENT INSURANCE COMPANY LIMESTONE BUILDING. ARCHITECT HENRY L. NEWHOUSE. CHICAGO'S 1ST BLACK OWNED INSURANCE COMPANY. BUILT IN 1925 THIS 7,500 SQUARE FEET BUILDING IS LOCATED IN THE HEART OF BRONZEVILLE/GRAND BOULEVARD 47TH STREET EMERGING RETAIL DISTRICT! ZONED B3-3 COMMUNITY SHOPPING DISTRICT, ALLOWS MORE TYPES OF BUSINESSES WITH APARTMENT PERMITTED ABOVE THE GROUND FLOOR. CLOSE TO GREEN LINE, LAKE SHORE DRIVE (EAST) AND DAN RYAN EXPRESSWAY (WEST) 15 MINUTES FROM DOWNTOWN CHICAGO. THIS PROPERTY OFFERS THE MOTHER LOAD OF REDEVELOPMENT OPPORTUNITIES! SOLD "AS IS". THIS PARCEL IS SUITED FOR A CREDIT UNION, BANKING INSTITUTION, ALL OFFICE TYPE BUSINESSES. NEEDS COMPLETE REHAB. SELLER HIGHLY MOTIVIATED CONSIDERING ALL OFFERS.

Commercial Active

Price

^$ 900,000

Property Type

Commercial

Taxes

^$ 14,452

Style

Lot Size

0.172176

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12108991

Features

General

Cooling None

Zoning OTHER

Year Built 1925

Tenant Pays Other

Stories Count 1

Township Hyde Park

Tax Year 2022

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Instut/To Develop

Status Active

Directions MARTIN LUTHER KING DRIVE NORTH OR SOUTH TO PROPERTY

City Chicago

MLS Area CHI - Grand Boulevard

Lot Size Square Feet 7500

Tax Annual Amount 14452

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 75 X 150

* Excluded Features

List By

Realty One Group Heartland

Broker

shireembooker@outlook.com

Affordability Calculator

$6,819

Per Month

Monthly Principal & Interest: $5,615
Monthly Property Taxes: $1,204
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,030,709

Percent of Sale Price 15%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/16/2025	$900,000	-18.18%	Price Down
1/28/2025	$1,100,000	-33.33%	Price Down
12/4/2024	$1,650,000	-45.00%	Price Down
11/21/2024	$3,000,000	-25.00%	Price Down
7/12/2024	$4,000,000		Listed Price

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4636 S KING Drive, Chicago, IL, 60653 is a Commercial Property for sale at $900,000 with a lot size of 0.172176. 4636 S KING Drive was built in 1925. The property's zip code is 60653 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/11/2025.

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4636 S KING Drive

Commercial Property for sale in Chicago, IL

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