3957 South King Drive, Unit A

Chicago, IL 60653

$175,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover a one-of-a-kind property in the vibrant Bronzeville neighborhood of Chicago, offering endless possibilities for investors and creative entrepreneurs alike. This stunning 3-story red brick and terra cotta building, part of the prestigious Oakwood King Commercial & Residential Condominium Associations, combines historic charm with unparalleled customization potential. The ground-level space, spanning 750 square feet, is perfect for retail or office use, making it an excellent option for small...Discover a one-of-a-kind property in the vibrant Bronzeville neighborhood of Chicago, offering endless possibilities for investors and creative entrepreneurs alike. This stunning 3-story red brick and terra cotta building, part of the prestigious Oakwood King Commercial & Residential Condominium Associations, combines historic charm with unparalleled customization potential. The ground-level space, spanning 750 square feet, is perfect for retail or office use, making it an excellent option for small businesses or professional services. In addition to this space, the two residential condos located above the retail/office unit are also available for sale. Together, these properties provide the unique opportunity to create a live/work environment, blending business operations with comfortable, private living. Listed at just $175,000, this combined offering delivers incredible value in a rapidly revitalizing area. Each of the three levels offers approximately 750 square feet of space, with the two upper floors featuring soaring 15-foot ceilings, ideal for creating lofted areas and maximizing usable square footage. The property's flexible layout allows for dual terraces on the south side and majestic window and door walls that flood the interiors with natural light, creating an inspiring environment for both work and living. Situated on King Drive, this property is surrounded by Bronzeville's rich cultural heritage and ongoing redevelopment efforts. The neighborhood benefits from proximity to public transportation, local businesses, cultural landmarks, and new residential developments, making it a prime location for retail, residential, or mixed-use spaces. This unique opportunity offers not only architectural beauty but also significant investment potential. Whether you're an entrepreneur seeking a live/work space or an investor looking for a property with strong appreciation potential, this is your chance to own a piece of Bronzeville's renaissance.
  1. Listed by Travis Montgomery • Keller Williams ONEChicago
  2. Listed by Anthony Hardy • Keller Williams ONEChicago

Property Details for 3957 South King Drive, Unit A

Area
CHI - Grand Boulevard
Township
Hyde Park
LISTING UPDATED: 12/17/2024 02:04 AM

Property Details for 3957 South King Drive, Unit A

StatusNew
MLS #12256797
Days on Market3
Taxes$5,102 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1940
Lot Size0.58 AC / 25,425 SF
CountyCook County

Building Information for 3957 South King Drive, Unit A

Stories4Residences3Year Built1940Lot Size0.58 AC / 25,425 SF

Property Information for 3957 South King Drive, Unit A

General Information
Location and General Information
  • Geographic Locale: Chicago South
  • Information: None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: None
  • Heat/Ventilation: None
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Owners Association: Yes
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: COMMON
  • Lot Size Square Feet: 25425.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: None
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Condominium
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 14
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 3957 South King Drive, Unit A

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3957 South King Drive, Unit A

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 6 to 12
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Perspectives Chtr - IIT Campus
Charter6 to 12

Phillips Academy High School
Public9 to 12

Community Services West High School
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3957 South King Drive, Unit A is a mixed use property for sale in Chicago, IL 60653. This property was listed for sale on December 16, 2024 by Keller Williams ONEChicago, it's currently listed at $175,000. It has been on the market for a total of 3 days and was last sold on January 17, 2021. This listing's school district is Chicago Public Schools. Nearby schools include Bronzeville Classical Elementary School, Perspectives Chtr - IIT Campus and Phillips Academy High School. 3957 South King Drive, Unit A is a 0-bed, 0-bath, mixed use property built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams ONEChicago

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/17/2024 02:04 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.