Active
5930 King Drive
Chicago, IL 60637
$550,000 ▼ $25,000 from $575,000
12beds
8baths
—sqft
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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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1894
Garage spaces3
Lot size—
Annual tax$11,695.57
CountyCook
MLS #MRD12594302
Days on market35
Features
Heating
None
Parking
No GarageYesGarage OwnedDetachedGarage
Construction
Brick
Sewer
Public Sewer
Listed by
Real Broker LLC
Jana Pierce
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/20/2026, 3:33:02 PM. All data should be independently verified.
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