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Listing provided courtesy of Real Broker LLCMREDas Distributed by MLSGrid- MLS# 12594302MLS Provider

5930 S King DriveChicago, IL 60637

Multi-Family · 12 Beds
$550,000 Active

5930 S King Drive Overview

Time on Site:
105 days
Visits:
1

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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5930 S King Drive Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0

Building Information

  • New Construction: No
  • Year Built: 1894

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Washington Park
  • Township: Hyde Park

Community/Development

  • Community Features: Sidewalks, Street Lights

Tax Information

  • Tax Annual Amount: $11,695.57
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20153050320000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 3

Beds/Baths

  • Bathrooms Total: 8
  • Bedrooms Total: 12
  • Bedrooms Possible: 12
  • Full Baths Building: 8

General Information

  • Basement: Unfinished, Full
  • Foundation Details: Stone
  • Heating: None
  • Rooms Total: 24

Exterior

Parking Information

  • Parking Features: No Garage, Yes, Garage Owned, Detached, Garage
  • Parking Total: 3

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 42.5 X 177.25
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Asphalt

General Information

  • Other Structures: Guest House
  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

5930 S King Drive Neighborhood

Community

60637 (Chicago) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5930 S King Drive Monthly Cost

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$ %
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$
$
Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5930 S King Drive Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

5930 S King Drive History

Date Event Value Agent
4/25/2026Source: MRED Status Change
Active
4/25/2026Source: MRED Status Change
Active
4/20/2026Source: MRED Price Reduction
$550,000 -4.3%
4/20/2026Source: MRED Status Change
Price Change
4/20/2026Source: MRED Price Reduction
$550,000 -4.3%
4/20/2026Source: MRED Status Change
Price Change
3/22/2026Source: MRED Status Change
Active
3/22/2026Source: MRED Status Change
Active
3/17/2026Source: MRED Added to Database
March 17, 2026
3/17/2026Source: MRED Added to Database
March 17, 2026