9220 S King Dr Chicago, IL 60619
Chatham NeighborhoodEstimated payment $1,014/month
About This Home
Investor's dream or perfect for owner-occupants! This charming 2-unit home, located on historic King Drive, offers flexibility for both investors and those looking to live in it as a single-family home. The first floor features two bedrooms, an updated kitchen, and new flooring. The second-floor unit has a one-bedroom apartment, which could easily be integrated into the rest of the home to create additional living space or kept as a rental for extra income. The property also boasts a large backyard and a two-car garage. Both units are currently rented on a month-to-month basis, with tenants willing to stay or vacate. The seller is committed to ensuring the property is vacant by closing, if needed. Motivated to sell, the seller is offering a credit towards closing costs. Whether you're an investor or a potential homeowner looking for a property with rental income potential, this is an opportunity not to be missed! Inquire with the agent for seller credit details. Property is sold AS IS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,114
Parking
- 2 Car Detached Garage
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 43x124
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,269 | $8,700 | $2,325 | $6,375 |
| 2023 | $1,238 | $6,000 | $3,100 | $2,900 |
| 2022 | $1,238 | $6,000 | $3,100 | $2,900 |
| 2021 | $1,210 | $6,000 | $3,100 | $2,900 |
| 2020 | $1,896 | $8,491 | $2,480 | $6,011 |
| 2019 | $1,880 | $9,331 | $2,480 | $6,851 |
| 2018 | $1,848 | $9,331 | $2,480 | $6,851 |
| 2017 | $2,114 | $9,797 | $2,170 | $7,627 |
| 2016 | $1,967 | $9,797 | $2,170 | $7,627 |
| 2015 | $0 | $9,797 | $2,170 | $7,627 |
| 2014 | -- | $9,657 | $1,860 | $7,797 |
| 2013 | -- | $9,657 | $1,860 | $7,797 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2025 03/18/25 | Price Changed | $155,000 | 0.0% | -- |
| 03/18/2025 03/18/25 | For Sale | $155,000 | +6.9% | -- |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 03/04/2025 03/04/25 | For Sale | $145,000 | 0.0% | -- |
| 03/01/2025 03/01/25 | Off Market | $145,000 | -- | -- |
| 01/04/2025 01/04/25 | Price Changed | $145,000 | 0.0% | -- |
| 01/04/2025 01/04/25 | For Sale | $145,000 | -6.5% | -- |
| 12/06/2024 12/06/24 | Off Market | $155,000 | -- | -- |
| 11/04/2024 11/04/24 | Price Changed | $155,000 | -16.2% | -- |
| 07/03/2024 07/03/24 | Price Changed | $185,000 | +3.4% | -- |
| 03/11/2024 03/11/24 | For Sale | $179,000 | +34.1% | -- |
| 02/04/2020 02/04/20 | Sold | $133,500 | +2.8% | $187 / Sq Ft |
| 12/09/2019 12/09/19 | Pending | -- | -- | -- |
| 11/19/2019 11/19/19 | For Sale | $129,900 | -- | $182 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $133,500 | Greater Illinois Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $133,500 | VA | |
| Previous Owner | $80,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $16,600 | Stand Alone Second | |
| Previous Owner | $51,000 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 11998078
APN: 25-03-313-030-0000
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