$550,000

5930 S King Drive, Chicago, IL 60637

  • 12 beds |
  • 8 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1894
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 10:18PM
Listing Office:
Real Broker LLC : 773-516-1111
Listing Agent:
Rafay Qamar : 773-516-1111
MLS ID:
12594302
  • Basement: UnfinishedFull
  • Heating: None
  • Other Structures: Guest House
  • Parking: No GarageYesGarage OwnedDetachedGarageParking spaces: 3
  • Roofing: Asphalt
  • General: Stone
  • HOA Amenities: SidewalksStreet Lights
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI20153050320000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Rafay Qamar , Real Broker LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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