5930 S King Drive Chicago, IL $ 575,000
5930 S King Drive
$ 575,000
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5930 S King Drive

Chicago, IL, 60637
$ 575,000
Bedrooms12 Baths8.0 Sq 8,045

Monthly Estimate*

$ 3,540

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Multi-Family Home for sale in Chicago, IL

for $575,000 with 12 bedrooms and 8 full baths. This 8,045 square foot 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

$ 575,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 11,695

Style

Year Built

1894

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12594302

Features
General
Sewer Public Sewer
Heating None
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 3
Construction Materials Brick
Year Built 1894
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 0
Community Features Sidewalks Street Lights
County Cook
Net Operating Income 0
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Guest House
Total Rooms 24
Status New
Directions King Dr N/S to 5930
City Chicago
High School District 299
MLS Area CHI - Washington Park
Tax Annual Amount 11695.57
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 12
Total Baths 8
Bedrooms Possible 12
Full Baths Building 8
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features No Garage Yes Garage Owned Detached Garage
Water Source Public
Total Parking 3
Foundation Details Stone
Lot Dimensions 42.5 X 177.25
Waterfront Y/N N
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* Excluded Features
List By
Real Broker Llc

Broker

rafay@qamargroup.com

Email

Affordability Calculator

$4,515
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,540
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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$575,000 Listed Price

Map


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5930 S King Drive, Chicago, IL, 60637 is a Multi-Family Home for sale at $575,000 with 8,045 sqft. 5930 S King Drive has 12 bedrooms, 8.0 baths, and was built in 1894. The property's zip code is 60637 which is in Chicago, IL