4636 S King Dr
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4636 S King Dr
7,500 SF Retail Building Chicago, IL 60653 $1,650,000 ($220/SF)
Investment Highlights
- Freestanding 7500 SF Building
Executive Summary
Grand & Elegant Defines the Historical Mammoth Life And Accident Insurance Company Limestone Building. Architect Henry L. Newhouse. Chicago's 1st Black Owned Insurance Company. This Masterpiece build in 1925 is Two-Story 7,500 Square Foot Building located in the heart of Bronzeville and Grand Boulevard 47th Street Emerging Retail District. Zoned B3-3 Community Shopping District allows for a multitude of uses. Apartments, Condominium's or Hotel Rooms are permitted to be built above the Ground Floor. This parcel is located within Chicago's Southside Quad Communities notable neighborhoods North Kenwood and Hyde Park, which connects and all encircles the Chicago's Lakefront extending to McCormick Place Convention Center. These Quad Communities known for their rich history is currently experiencing a cultural and living renaissance. Walkable to the Green Line, Lake Shore Drive just a few miles east and the Dan Ryan Expressway a few miles west. 15 minutes drive to Downtown Chicago. This Parcel Offers a mother load of Redevelopment Opportunities. 2nd Generation Banking Institution, Hotel, Condo Conversion, Apartment, All Office Types, Perfect Headquarter, Institutional School and more. Sellers are highly motivated considering ALL Offers!
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
C
Year Built
1925
Price
$1,650,000
Price Per SF
$220
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.17 AC
Zoning
B-3 - B3-3 Community Shopping District. Suited for Financial institutions, Museum's, Institutional, Hotel, Apartments, Condominiums, Retail i.e Starbucks.
Frontage
100 FT on Martin Luther King Drive
Amenities
- Bus Line
- Commuter Rail
Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (72)
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 20-03-323-018-0000 | Improvements Assessment | $84,375 |
| Land Assessment | $28,125 | Total Assessment | $112,500 |
PROPERTY TAXES
Parcel Number
20-03-323-018-0000
Land Assessment
$28,125
Improvements Assessment
$84,375
Total Assessment
$112,500
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4636 S King Dr
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