$550,000

Multi Family In Chicago

  • 12 Beds
  • 8 Baths
  • Updated: May 30
  • 1
  • Source:
    Midwest Real Estate Data (MRED)  MLS#12594302

About the Property

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
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.
  • Property type

    Other

  • Year built

    1894

Features

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5930 S King Drive, Chicago, Illinois, United States View on Google Maps
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Real Broker LLC - Naperville

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Real Broker LLC - Naperville
Illinois, United States
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Real Broker LLC - Naperville
Naperville, Illinois, United States
View agency profile
Last updated
May 30
First listed
May 30
Listing reference
12594302
Listing status
Active under contract
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