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4636 S King Dr

7,500 SF Retail Building Chicago, IL 60653 £1,294,276 (£173/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 Feet Building is 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. These Quad Communities known for their rich history is currently experiencing a cultural and living renaissance. Close to the Green Line, Lake Shore Drive just a few miles east and the Dan Ryan Expressway a few miles west is a 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
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
7,500 SF
Building Class
C
Year Built
1925
Price
£1,294,276
Price Per SF
£173
Tenancy
Single
Number of Floors
1
Building FAR
1.00
Land Acres
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 Route
  • Commuter Rail
Walk Score ®
Very Walkable (84)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-03-323-018-0000
Land Assessment
£22,062
Improvements Assessment
£66,185
Total Assessment
£88,246
  • Listing ID: 31268638

  • Date on Market: 19/03/2024

  • Last Updated:

  • Address: 4636 S King Dr, Chicago, IL 60653

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