8200 S King Drive Chicago, IL $ 249,499
8200 S King Drive
$ 249,499
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8200 S King Drive

Chicago, IL, 60619
$ 249,499
Bedrooms-- Baths-- Sq 1,500

Monthly Estimate*

$ 1,557

8200 S King Drive, Chicago, IL 60619 - Image 1
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Commercial Property for sale in Chicago, IL

for $249,499. This 1,500 square foot building was built in 1958 on a lot size of 0.21.

CHATHAM OFFICE BUILDING for Sale. Built in 1958, this 1,500 sq. ft. brick building is uniquely situated on a HIGLY VISIBLE CORNER. This professional office building has a waiting area, reception office, and THREE/FOUR (3) offices, storage rooms and THREE (3) HALF BATHS. This layout can be adopted for office/medical/retail or other uses. The large 60'x 145' parcel of land lot can can be used for expansion but it currently PARKS 12 to 14 cars. There is also a side parking pad which easily parks 2 (two) cars. The property cab be ideal for an day care, salon, retail store, pet grooming, accounting firm, shared office space.... The janitor closet is generous in size. The furnace, the water heater, AC and electrical appear to be in GOOD CONDITION. Located in the Chatham on the well traveled King Drive this handicapped accessible property could be the location for your business or not-for-profit's SUCCESS.

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Commercial Contingent

Price

$ 249,499

Property Type

Commercial

Taxes

$ 8,128

Style

Commercial,Office

Lot Size

0.21

Year Built

1958

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12204722

Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available Water Available
Possession Closing
Roof Membrane
Zoning OFFIC
Construction Materials Brick
Year Built 1958
Electric Circuit Breakers Service - 101 to 200 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service
Stories Count 1
Township Hyde Park
Property Subtype Office
Tax Year 2023
Current Use Commercial Office
Gross Income 2550
County Cook
Net Operating Income 22420
Operating Expense 0
Property Type Commercial Sale Office/Tech
Contingency Financing
Energy Efficient Low flow commode
Possible Use Commercial Office Retail Single Room Occupancy
Status Contingent
Directions The coordinates of the 1 story office - 400 east 8200 south. Located in the Chatham community D Ryan near.
City Chicago
Number Of Units Total 1
MLS Area CHI - Chatham
Lot Size Square Feet 9068
Tax Annual Amount 8128.82
Additional Parcels Y/N Y
Leasable Area 0
Standard Status Active Under Contract
Cap Rate 8.75
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Interior
Flooring Carpet Concrete Tile
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 1500
Lot Dimensions 60.45 X 150
Lot Size Acres 0.21
Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

michael.lafargue@cbexchange.com;michael.lafargue@cbexchange.com

Email

Affordability Calculator

$2,234
Per Month
70%
30%
0%
Monthly Principal & Interest
$1,557
Monthly Property Taxes
$677
Monthly 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2025$249,499 Listed Price

Map


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8200 S King Drive, Chicago, IL, 60619 is a Commercial Property for sale at $249,499 with 1,500 sqft and a lot size of 0.21. 8200 S King Drive was built in 1958. The property's zip code is 60619 which is in Chicago, IL