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Listing provided courtesy of Realty One Group HeartlandMREDas Distributed by MLSGrid- MLS# 12108991MLS Provider

4636 S KING DriveChicago, IL 60653

Commercial
$1,500,000 Active

4636 S KING Drive Overview

Time on Site:
717 days
Visits:
7

GRAND & ELEGANT DEFINES THE HISTORICAL MAMMOTH LIFE AND ACCIDENT INSURANCE COMPANY LIMESTONE BUILDING. ARCHITECT HENRY L. NEWHOUSE. CHICAGO'S 1ST BLACK OWNED INSURANCE COMPANY. BUILT IN 1925 THIS 7,500 SQUARE FEET BUILDING IS LOCATED IN THE HEART OF BRONZEVILLE/GRAND BOULEVARD 47TH STREET EMERGING RETAIL DISTRICT! ZONED B3-3 COMMUNITY SHOPPING DISTRICT, ALLOWS MORE TYPES OF BUSINESSES WITH APARTMENT PERMITTED ABOVE THE GROUND FLOOR. CLOSE TO GREEN LINE, LAKE SHORE DRIVE (EAST) AND DAN RYAN EXPRESSWAY (WEST) 15 MINUTES FROM DOWNTOWN CHICAGO. THIS PROPERTY OFFERS THE MOTHER LOAD OF REDEVELOPMENT OPPORTUNITIES! SOLD AS IS. THIS PARCEL IS SUITED FOR A CREDIT UNION, BANKING INSTITUTION, ALL OFFICE TYPE BUSINESSES. NEEDS COMPLETE REHAB. SELLER HIGHLY MOTIVIATED CONSIDERING ALL OFFERS.

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4636 S KING Drive Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1925

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Grand Boulevard
  • Township: Hyde Park

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $14,452.00
  • Tax Year: 2022

General Information

  • Parcel Number: 20033230180000
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

General Information

  • Cooling: None
  • Stories: 1

Unit Information

  • Unit SqFt.: 7500

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 75 X 150
  • Lot Size Square Feet: 7500

4636 S KING Drive Neighborhood

Community

60653 (Chicago) Demographics

35
Median Age
11,237
Population Density (per sq. mile)
43%
College Educated
$34,621
Estimated Median Income
4,433
Estimated Total Home Owners
11,501
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4636 S KING Drive Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4636 S KING Drive Market Data

Based on the last 30 days in this zip code

$445,053
Average List Price
$227
Average Price per Square Foot
19
Properties Sold
46
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

4636 S KING Drive History

Date Event Value Agent
4/26/2026Source: MRED Status Change
Active
4/21/2026Source: MRED Price Increase
$1,500,000 66.7%
4/21/2026Source: MRED Status Change
Price Change
10/21/2025Source: MRED Status Change
Active
10/16/2025Source: MRED Price Reduction
$900,000 -18.2%
10/16/2025Source: MRED Status Change
Price Change
2/2/2025Source: MRED Status Change
Active
1/28/2025Source: MRED Price Reduction
$1,100,000 -33.3%
1/28/2025Source: MRED Status Change
Price Change
12/9/2024Source: MRED Status Change
Active
12/4/2024Source: MRED Price Reduction
$1,650,000 -45.0%
12/4/2024Source: MRED Status Change
Price Change
11/26/2024Source: MRED Status Change
Active
11/21/2024Source: MRED Price Reduction
$3,000,000 -25.0%
11/21/2024Source: MRED Status Change
Price Change
7/17/2024Source: MRED Status Change
Active
7/12/2024Source: MRED Added to Database
July 12, 2024