6555 South King Drive
$2,250,000
48
24
—
—
—
Description
Take this opportunity to own a solid brick, 24 unit walk-up apartment building with a very desirable unit mix of all 2bed/1bath units. This property is located in the W. Woodlawn area, and was gutted down to the bricks and completely renovated just a few years ago. In addition to a new roof, new copper plumbing, new electrical, and new gas lines for the building, every unit was rehabbed with hardwood floors, new walls, new kitchens and bathrooms, new windows, in- unit circuit breakers, and individual...Take this opportunity to own a solid brick, 24 unit walk-up apartment building with a very desirable unit mix of all 2bed/1bath units. This property is located in the W. Woodlawn area, and was gutted down to the bricks and completely renovated just a few years ago. In addition to a new roof, new copper plumbing, new electrical, and new gas lines for the building, every unit was rehabbed with hardwood floors, new walls, new kitchens and bathrooms, new windows, in- unit circuit breakers, and individual gas forced air furnaces. There are four separate entrances - one on S. King Drive and the other three on 66th St. - and each one has exposed brick walls and a skylight that floods each entrance and stairway with an abundance of natural light. There are four separate basement entrances accessible through the rear courtyard, and one of these basements has a laundry area with 2 washers and 2 dryers available for tenant use. The Woodlawn area has seen tremendous change over the past few years, with the soon to be completed Obama Presidential Library (2 miles east of this property) driving change in E. Woodlawn, and other developments bringing change to the rest of the community. Just across 66th street from the 3 entrances to this property, the Rev. Corey Brooks and his Project H. O. O. D. are building the new 85,000 sq. ft. Robert R. McCormick Leadership and Economic Opportunity Center. This new community center will teach trades, entrepreneurship, music, and arts. It will also house a swimming pool and have other athletic facilities. There is easily accessible public transportation serving this area, with the CTA green line (light rail line) stop located 2 blocks north of the property and the CTA #3 bus line running north and south down King Drive - with a stop just outside the 6553 entrance to the building.
- Listed by David McLennan • Pearson Realty Group
Property Details for 6555 South King Drive
Area
CHI - Woodlawn
LISTING UPDATED: 10/13/2024 12:07 AM
Property Details for 6555 South King Drive
Status | Active |
---|---|
MLS # | 12125622 |
Days on Market | 46 |
Taxes | $37,718 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Other |
Year Built | 1908 |
Lot Size | 0.26 AC / 11,224 SF |
County | Cook County |
Building Information for 6555 South King Drive
Stories3Residences24Year Built1908Building Size-Lot Size0.26 AC / 11,224 SF
Property Information for 6555 South King Drive
Property History for 6555 South King Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6555 South King Drive
Taxable ValueLand$10,101Additions$177,466Total$187,567
Tax Record2022$38,579 ($3,215 / month)
Home Facts
Stories3Lot Size11,224 SqFtStyleMulti-Family Res (5+ Units)Year Built1908CountyCOOKAPN20-22-216-017
Schools near 6555 South King Drive
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Dulles Elementary School PublicPK to 8 | ||
Hirsch Metropolitan High School Public9 to 12 | ||
YCCS-Progressive Leadership Acad Charter9 to 12 | ||
CICS Washington Park CharterK to 8 |
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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