$575,000

5930 S King Dr Chicago, IL 60637

Washington Park Neighborhood

Estimated payment $4,047/month

Total Views 3,320
12 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.

Listing Agent

Rafay Qamar

Real Broker LLC Brokerage Phone: (773) 516-1111 License #475158420 Listed on: 03/17/2026

Real Broker LLC

Co-Listing Agent

Nemanja Nikolic

Real Broker LLC Brokerage Phone: (773) 516-1111 License #475212961

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,696

Year Built

  • Built in 1894

Parking

  • 3 Car Detached Garage
  • No Garage
  • Parking Available
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 42.5 x 177.25
  • Guest House
  • No Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,696

Year Built

Built in 1894

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1894
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (773) 516-1111
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone
  • OtherStructures: Guest House
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: No Garage, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 42.5 X 177.25
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes
  • TenantPays: None

Tax Info

  • Tax Annual Amount: 11695.57
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2025 $7,426 $58,001 $26,478 $31,523
2024 $7,426 $58,001 $26,478 $31,523
2023 $7,238 $35,081 $26,478 $8,603
2022 $7,238 $35,081 $26,478 $8,603
2021 $7,664 $37,999 $26,477 $11,522
2020 $6,386 $28,668 $12,860 $15,808
2019 $6,545 $32,578 $12,860 $19,718
2018 $6,435 $32,578 $12,860 $19,718
2017 $6,409 $29,772 $10,591 $19,181
2016 $5,963 $29,772 $10,591 $19,181
2015 $5,456 $29,772 $10,591 $19,181
2014 $4,554 $24,545 $9,078 $15,467
2013 $4,464 $24,545 $9,078 $15,467
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2026 03/17/26 For Sale $575,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12594302

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60637 Washington Park

5930 S King Dr, Chicago, IL

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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Rafay Qamar
Listing Agent
Rafay Qamar
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Real Broker LLC
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