5930 S King Drive Chicago, IL $ 600,000
5930 S King Drive
$ 600,000
Recently Listed New Construction
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5930 S King Drive

Chicago, IL, 60637
$ 600,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 3,694

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Multi-Family Home for sale in Chicago, IL

for $600,000 with 3 bedrooms. This home was built in 1894.

Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6 unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.

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Multi-Family Active

Price

$ 600,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 11,695

Style

Year Built

1894

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12568039

Features
General
Zoning MULTI
Construction Materials Brick
Year Built 1894
Stories Count 4
Township Hyde Park
Tax Year 2023
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 11695
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions King Dr North or South to 5930
City Chicago
Number Of Units Total 5
MLS Area CHI - Washington Park
Tax Annual Amount 11695.57
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 42.5 X 177.25
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* Excluded Features
List By
Real Broker Llc

Broker

rafay@qamargroup.com

Email

Affordability Calculator

$4,669
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$975
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/13/2026$600,000 Listed Price

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5930 S King Drive, Chicago, IL, 60637 is a Multi-Family Home for sale at $600,000. 5930 S King Drive has 3 bedrooms, 0.0 baths, and was built in 1894. The property's zip code is 60637 which is in Chicago, IL