4530 S King Dr Chicago, IL 60653
Grand Boulevard NeighborhoodEstimated payment $7,958/month
Highlights
- 0.19 Acre Lot
- 6 Fireplaces
- 3-minute walk to Birch Park
About This Home
Attention Chicago investors! This building OOZES with Chicago charm! Three Huge 4-bedroom and 3-bedroom units offer 2030 SQ FT and 1920 SQ FT (respectively) of living space, plus two garden units (one 2-bed/1 bath & one 1 bed/1 bath unit). Total of 8 units in the building. Two vacant units, the rest of the building is occupied. Great opportunity to house hack! The Historic Bronzeville district is actively attracting a mix of live-in owners and real estate investors due to its rich cultural history, unique housing stock, and rapid economic revitalization. It has consistently been flagged as one of Chicago's most notable high-growth, appreciating neighborhoods. A short distance to Marianos, restaurants, public transportation, close to the expressway, and downtown Chicago. 4 garage parking spots (only 1 currently rented). Recent improvements include: updated fence (2026), NEW exterior staircase (2026), unit 3N fully renovated (floors, baths & kitchen), roof end of 2020, tuck pointing summer of 2020, new Chimney 2020, some windows replaced 2020-2022, updated plumbing in kitchen in north tear units (city inspected and passed), couple units have updated living rooms with updated electrical (city inspected and passed) and windows. Possible extra income by adding washer and dryer. Please note, one tenant currently occupies two of the units (1N & GN). The kitchen has been removed from GN as that unit primarily serves as storage however it can easily be put back.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,505
Year Built
- Built in 1884
Lot Details
- 8,100 Sq Ft Lot
- Lot Dimensions are 54 x 150
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Reflective Roof
- Stone Siding
Interior Spaces
- 15,800 Sq Ft Home
- 3-Story Property
- 6 Fireplaces
- Partially Finished Basement
Utilities
- Window Unit Cooling System
- Radiator
Listing and Financial Details
- The owner pays for trash collection, sewer, water, heat, hot water, insurance, taxes
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $934
- Fuel Expense $22,239
- Insurance Expense $8,848
- Trash Expense $2,946
- Water Sewer Expense $7,825
- Operating Expense $55,396
- Gross Income $142,620
- Net Operating Income $87,224
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,099 | $60,000 | $28,350 | $31,650 |
| 2024 | $9,165 | $60,000 | $28,350 | $31,650 |
| 2023 | $8,933 | $43,296 | $8,910 | $34,386 |
| 2022 | $8,933 | $43,296 | $8,910 | $34,386 |
| 2021 | $8,732 | $43,296 | $8,910 | $34,386 |
| 2020 | $10,514 | $47,199 | $8,910 | $38,289 |
| 2019 | $9,483 | $47,199 | $8,910 | $38,289 |
| 2018 | $9,323 | $47,199 | $8,910 | $38,289 |
| 2017 | $13,037 | $60,562 | $7,290 | $53,272 |
| 2016 | $11,773 | $60,562 | $7,290 | $53,272 |
| 2015 | $10,754 | $60,562 | $7,290 | $53,272 |
| 2014 | $10,896 | $60,562 | $6,075 | $54,487 |
| 2013 | $11,015 | $60,562 | $6,075 | $54,487 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2026 09/08/26 | For Sale | $1,225,000 | +36.1% | $78 / Sq Ft | |
| 05/22/2023 05/22/23 | Sold | $900,000 | -25.0% | $57 / Sq Ft | View Prior Sale |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- | |
| 01/27/2022 01/27/22 | For Sale | $1,200,000 | +75.2% | $76 / Sq Ft | |
| 05/23/2019 05/23/19 | Sold | $685,000 | 0.0% | $54 / Sq Ft | View Prior Sale |
| 05/23/2019 05/23/19 | Pending | -- | -- | -- | |
| 05/23/2019 05/23/19 | For Sale | $685,000 | -- | $54 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,040,000 | Fidelity National Title | |
| Warranty Deed | $900,000 | First American Title | |
| Warranty Deed | $685,000 | Greater Illinois Title | |
| Warranty Deed | $405,000 | Millennium Title Group Ltd | |
| Trustee Deed | $220,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $829,602 | New Conventional | |
| Previous Owner | $720,000 | New Conventional | |
| Previous Owner | $513,174 | Commercial | |
| Previous Owner | $300,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12745630
APN: 20033170230000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 4520 S King Dr Unit 1
- 4518 S King Dr Unit 2A
- 4603 S Calumet Ave
- 4447 S Calumet Ave
- 4541 S Prairie Ave Unit 1N
- 4507 S Prairie Ave
- 4614 S Calumet Ave Unit 46143S
- 432 E 45th Place
- 419 E 46th St
- 438 E 45th Place
- 6121 S King Dr
- 4414 S King Dr Unit F
- 4426 S Calumet Ave Unit G
- 4417 S Calumet Ave Unit 2S
- 5800 S Calumet Ave
- 433 E 46th Place
- 435 E 46th Place
- 300 E 47th St
- 4451 S Indiana Ave Unit 2S
- 4441 S Indiana Ave Unit P7
- 4541 S Calumet Ave Unit 1
- 429 E 45th Place Unit GARDEN
- 437 E 46th St Unit 2
- 4614 S Vincennes Ave Unit 2N
- 323 E 44th St Unit GW
- 4451 S Indiana Ave Unit 2N
- 4725 S Vincennes Ave Unit 3S
- 4725 S Vincennes Ave
- 4623 S Michigan Ave
- 4611 S Saint Lawrence Ave Unit 2
- 4740 S Prairie Ave Unit 2
- 4605 S Saint Lawrence Ave Unit 201
- 4607 S Saint Lawrence Ave Unit 301
- 4739 S Indiana Ave Unit 3
- 4739 S Indiana Ave Unit 2
- 4739 S Indiana Ave Unit 1
- 442 E 48th St Unit 1W
- 442 E 48th St Unit 3W
- 442 E 48th St Unit 3E
- 442 E 48th St Unit B2
Ask me questions while you tour the home.