4058 S Dr Martin L King Jr Dr - Apartments FOR SALE


Chicago, IL 60653- Bronzeville
$250,000 USD
312-338-3003
4058 S Dr Martin L King Jr Dr, Chicago, IL for Sale
$250,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

4058 S Dr Martin L King Jr Dr
Chicago, IL 60653
Bronzeville


OVERVIEW

Sheriff Sale - March 19, 2026 Subject property is a single-family property on a 3,300 square foot lot on historic Dr. Martin Luther King Drive in the Bronzeville neighborhood. This corner lot greystone offers the possibility of an approximately 8,840 square foot, three-story home including basement. This unique property offers a great opportunity to completely rehab as the zoning would allow for redevelopment to a 3 to 6-unit condominium development or keep as a single family property. 10 minutes to downtown Chicago, this property has easy access to public and vehicular transportation.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$45 USD /SF

# OF UNITS

4

PRICE/UNIT

$62,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1929

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

R

APN/PARCEL ID

20-03-111-030-0000

ASK ABOUT THIS PROPERTY

Daniel HymanMillennium Properties R/E, Inc.More Info
312-338-3003

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Daniel HymanMillennium Properties R/E, Inc.More Info
312-338-3003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.