4028 S King Dr
Chicago, IL 60653
11 Beds
7 Baths
5,082 Sq Ft
12 Days on Market
For Sale $975,000
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Courtesy of NTS Realty Group, LLC

Listing Agent & Comments

Lateefah NealNTS Realty Group, LLC
773-256-4687laneal75@yahoo.com
Historic Grand Boulevard 4-Flat with High Income Potential + Bonus Coach House! Own a piece of Chicago's architectural legacy with this stunning, fully rehabbed 4-flat on iconic King Drive in the heart of historic Grand Boulevard. This 5,600 sq ft gem blends timeless Bronzeville charm with modern updates, offering the perfect combination of luxury, income, and long-term upside. Gut-renovated in 2010 and refreshed in 2022 with new kitchens and bathrooms in Units 1 & 2, this property is fully leased and generating strong, consistent rental income-delivering instant cash flow from day one. Whether you're an investor or owner-occupant, this is a turn-key opportunity with tremendous upside. Each of the four expansive units features soaring 10-foot ceilings, generous layouts, and modern finishes. But the value doesn't stop there-out back, an unfinished coach house offers endless potential. Envision a 2-car garage topped with a 2-bedroom apartment to easily create a fifth income-producing unit and boost your ROI. Location perks: * Steps from CTA Green Line + King Drive bus. * Quick access to I-90/94 and Lake Shore Drive. * Walk to lakefront beaches, bike paths, and parks. * Just 2 miles to Hyde Park, U of C, and McCormick Place. * Only 4 miles to downtown Chicago. This is more than a property-it's a portfolio-builder. Rarely does a move-in-ready, cash-flowing multi-unit with future development potential hit the market in such a prime, appreciating neighborhood. Currently a 6.6% CAP rate with room to grow. Schedule your private tour today-this opportunity won't last!

MLS# MRD12434295 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area5,082 Sq.Ft.
Lot Size5,672 Sq.Ft.
Total Rooms--
Bedrooms11
Bathrooms7
Stories3
Year Built1888
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$7,600
Property in Flood Zone--
BasementYes
PoolNo
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HouseCanary, Inc. Brokerage

4028 S King Dr., Chicago, IL 60653

Multifamily
11 Beds
7 Baths
5,082 Sq Ft
12 Days on Market

Listing Agent & Comments

Lateefah NealNTS Realty Group, LLC
773-256-4687laneal75@yahoo.com
Historic Grand Boulevard 4-Flat with High Income Potential + Bonus Coach House! Own a piece of Chicago's architectural legacy with this stunning, fully rehabbed 4-flat on iconic King Drive in the heart of historic Grand Boulevard. This 5,600 sq ft gem blends timeless Bronzeville charm with modern updates, offering the perfect combination of luxury, income, and long-term upside. Gut-renovated in 2010 and refreshed in 2022 with new kitchens and bathrooms in Units 1 & 2, this property is fully leased and generating strong, consistent rental income-delivering instant cash flow from day one. Whether you're an investor or owner-occupant, this is a turn-key opportunity with tremendous upside. Each of the four expansive units features soaring 10-foot ceilings, generous layouts, and modern finishes. But the value doesn't stop there-out back, an unfinished coach house offers endless potential. Envision a 2-car garage topped with a 2-bedroom apartment to easily create a fifth income-producing unit and boost your ROI. Location perks: * Steps from CTA Green Line + King Drive bus. * Quick access to I-90/94 and Lake Shore Drive. * Walk to lakefront beaches, bike paths, and parks. * Just 2 miles to Hyde Park, U of C, and McCormick Place. * Only 4 miles to downtown Chicago. This is more than a property-it's a portfolio-builder. Rarely does a move-in-ready, cash-flowing multi-unit with future development potential hit the market in such a prime, appreciating neighborhood. Currently a 6.6% CAP rate with room to grow. Schedule your private tour today-this opportunity won't last!

MLS# MRD12434295 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area5,082 Sq.Ft.
Lot Size5,672 Sq.Ft.
Total Rooms--
Bedrooms11
Bathrooms7
Stories3
Year Built1888
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$7,600
Property in Flood Zone--
BasementYes
PoolNo
We’ll connect you with top agents in your area.
Find a Local, Experienced Real Estate Agent
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
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house
For Sale $975,000
Turn Your Search Into A Purchase
Request tour
Save
Courtesy of NTS Realty Group, LLC
4028 S King Dr
Chicago, IL 60653
11 Beds
7 Baths
5,082 Sq Ft
12 Days on Market

Listing Agent & Comments

Lateefah NealNTS Realty Group, LLC
773-256-4687laneal75@yahoo.com
Historic Grand Boulevard 4-Flat with High Income Potential + Bonus Coach House! Own a piece of Chicago's architectural legacy with this stunning, fully rehabbed 4-flat on iconic King Drive in the heart of historic Grand Boulevard. This 5,600 sq ft gem blends timeless Bronzeville charm with modern updates, offering the perfect combination of luxury, income, and long-term upside. Gut-renovated in 2010 and refreshed in 2022 with new kitchens and bathrooms in Units 1 & 2, this property is fully leased and generating strong, consistent rental income-delivering instant cash flow from day one. Whether you're an investor or owner-occupant, this is a turn-key opportunity with tremendous upside. Each of the four expansive units features soaring 10-foot ceilings, generous layouts, and modern finishes. But the value doesn't stop there-out back, an unfinished coach house offers endless potential. Envision a 2-car garage topped with a 2-bedroom apartment to easily create a fifth income-producing unit and boost your ROI. Location perks: * Steps from CTA Green Line + King Drive bus. * Quick access to I-90/94 and Lake Shore Drive. * Walk to lakefront beaches, bike paths, and parks. * Just 2 miles to Hyde Park, U of C, and McCormick Place. * Only 4 miles to downtown Chicago. This is more than a property-it's a portfolio-builder. Rarely does a move-in-ready, cash-flowing multi-unit with future development potential hit the market in such a prime, appreciating neighborhood. Currently a 6.6% CAP rate with room to grow. Schedule your private tour today-this opportunity won't last!

MLS# MRD12434295 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area5,082 Sq.Ft.
Lot Size5,672 Sq.Ft.
Total Rooms--
Bedrooms11
Bathrooms7
Stories3
Year Built1888
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$7,600
Property in Flood Zone--
BasementYes
PoolNo
We’ll connect you with top agents in your area.
Find a Local, Experienced Real Estate Agent
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $975,000
Turn Your Search Into A Purchase
Request tour
Save
Courtesy of NTS Realty Group, LLC