Properties

Features
: Window Unit(s)
: Unfinished
Address Map
US
IL
Cook
Chicago
60637
King
6555
Drive
W88° 23' 4.5''
N41° 46' 33.9''
Dan Ryan Expressway (94) North or South to 63rd St. exit. East on 63rd to Martin Luther King Drive, South on MLK to 66th St. Located on NE corner of King Dr and 66th St.
CHI - Woodlawn
CHI - Woodlawn
S
S
Additional Information
: Multi-Family
Circuit Breakers
Circuit Breakers
92X122
24
24
Condominium
3
Pearson Realty Group
David McLennan
Financial
37718
Listing Information
876868
84674
MRED
Listing Information
Contingent
2026-04-28T08:03:08Z
2026-02-20T21:52:10Z
Property Description

Take this opportunity to own a solid brick, 24 unit walk-up apartment building with a very desirable unit mix of all 2bed/1bath units. This property is located in the W. Woodlawn area, and was gutted down to the bricks and completely renovated just a few years ago. In addition to a new roof, new copper plumbing, new electrical, and new gas lines for the building, every unit was rehabbed with hardwood floors, new walls, new kitchens and bathrooms, new windows, in- unit circuit breakers, and individual gas forced air furnaces. There are four separate entrances – one on S. King Drive and the other three on 66th St. – and each one has exposed brick walls and a skylight that floods each entrance and stairway with an abundance of natural light. There are four separate basement entrances accessible through the rear courtyard, and one of these basements has a laundry area with 2 washers and 2 dryers available for tenant use. The Woodlawn area has seen tremendous change over the past few years, with the soon to be completed Obama Presidential Library (2 miles east of this property) driving change in E. Woodlawn, and other developments bringing change to the rest of the community. Just across 66th street from the 3 entrances to this property, the Rev. Corey Brooks and his Project H.O.O.D. are building the new 85,000 sq. ft. Robert R. McCormick Leadership and Economic Opportunity Center. This new community center will teach trades, entrepreneurship, music, and arts. It will also house a swimming pool and have other athletic facilities. There is easily accessible public transportation serving this area, with the CTA green line (light rail line) stop located 2 blocks north of the property and the CTA #3 bus line running north and south down King Drive – with a stop just outside the 6553 entrance to the building.

Commercial Sale For Sale

6555 S King Drive, Chicago, Illinois 60637

$2,250,000
Listing ID#12429687
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12429687
Price : $2,250,000
Year Built : 1908
Listing Status : Active Under Contract
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