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  • Price$449,900
  • Built1906

11429 South King Drive, Chicago

Great opportunity for the new or seasoned investor to acquire this 6-unit income-generating property. This property offers solid cash flow, has upward potential of 14% cap rate, and an upward potential of cash on cash return of 32%. The property has a new back porch (1-year old). The adjacent parking lot with separate PIN, 5 parking spaces, and a 2.5-car garage can generate additional income. Professionally managed. Being sold as-is. Four of the 6 units are currently leased. Perfect for the owner-occupant situation! Showings by appointment only. The property won't last long, schedule a showing today!

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Essential Information

  • MLS® #12017135
  • Price$449,900
  • Bathrooms0.00
  • Acres0.00
  • Year Built1906
  • TypeCommercial Sale
  • Sub-TypeMulti Family 5+
  • StatusActive
  • Taxes$4,008

Interior

  • CoolingWindow Unit(s)

Additional Information

  • Days on Market48
  • ZoningMULTI

Community Information

  • Address11429 South King Drive
  • AreaCHI - Roseland
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60628

Exterior

  • ExteriorBrick

Listing Details

  • Listing OfficePip Realty Group

Price Change History for 11429 South King Drive, Chicago, IL (MLS® #12017135)

Date Details Price Change
Active (from New) – –
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 19th, 2024 at 9:38am CDT.