7139 S King Drive Chicago, IL $ 270,000
7139 S King Drive
$ 270,000
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7139 S King Drive

Chicago, IL, 60619
$ 270,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 1,795

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Multi-Family Home for sale in Chicago, IL

for $270,000 with 7 bedrooms and 3 full baths. This home was built in 1914.

Wow! Jumbo, extra wide, 2 flat on historic King Drive. Seller will 3% closing credit! Inquire about a mortgage program with a discounted interest rate. 1st floor is rented for $1582.00 and the 2nd floor is VACANT and move in ready. The 1st floor is a HUGE DUPLEX DOWN with 4 bedrooms and 2 full bathrooms. The 2nd floor has been recently rehabbed! It has 3 very large bedrooms and 1 full bathroom - new flooring, freshly painted, 6 new windows, newer high efficiency furnace, newer appliances, bright and sunny - vacant and move in ready! The units have separate utilities, the 1st and 2nd floor have central air and heat with their own furnaces. There are also three water tanks (two are newer - 5 and 7 years old; one is 18 years old). The roof is 10 years old (silver coated); tuck pointing was done and new sump pump with a battery backup was installed 12 years ago. 1st floor unit is rented MTM for $1582.00, but could likely get more. Solid back porch and stairs that lead to a huge back yard - plenty of space to park cars and option to build a garage to increase rents. Very well maintained building with responsible landlord who took great care of the building. Come see for yourself!

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Multi-Family Contingent

Price

$ 270,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,496

Style

Year Built

1914

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12021295

Features
General
Sewer Public Sewer
Heating Forced Air Sep Heating Systems - 2+
Possession Closing Tenant's Rights
Year Built 1914
Township Hyde Park
Tax Year 2022
Percent Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 17
Status Contingent
Directions 71ST TO KING DRIVE SOUTH TO ADDRESS
City Chicago
High School District 299
MLS Area CHI - Greater Grand Crossing
Waterfront Y/N N
Street Name King
Elementary School Park Manor Elementary School
Tax Annual Amount 3496.61
Electric Expense 168
Water Sewer Expense 1020
Virtual Tour https://urldefense.proofpoint.com/v2/url?u=https-3A__my.matterport.com_show_-3Fm-3DA4747rsUtTe-26brand-3D0-26mls-3D1-26&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=AyW4teixeeFTrkmeysdbJp
Days on Market 55
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Walkout Finished Exterior Access
Street Suffix Drive
Total Bedrooms 7
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley
Water Source Public
Total Parking 3
Lot Dimensions 25X123
Lot Size Acres 0
Other Equipment CO Detectors Sump Pump Water Heater-Gas
Exterior Brick
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* Excluded Features
List By
Jameson Sotheby's Intl Realty

Broker

sheila.dantzler@jamesonsir.com

Email

Affordability Calculator

$2,086
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,795
Monthly Property Taxes
$291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3731491 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$270,000 -5.26% Price Down
4/18/2024$285,000 -3.39% Price Down
4/4/2024$295,000 Listed Price

Map


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7139 S King Drive, Chicago, IL, 60619 is a Multi-Family Home for sale at $270,000. 7139 S King Drive has 7 bedrooms, 3.0 baths, and was built in 1914. The property's zip code is 60619 which is in Chicago, IL