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Curtis Oliver
773 761 0145773 761 0145

5120 S King Drive, CHICAGO, IL 60615 (MLS # 09511205)

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PRICE $7,500,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 24,393 sqft

This landmark 3 story elevator building is currently home to the ChicagoInstitute. The property underwent a complete renovation in 2011 with all new windows, electrical, plumbing and a new roof in 2012. There are 9 furnaces for zoned heating and air is separated with a total of 7 units. There is a registration office, 10 general offices, 10 classrooms, a Library, 2 Lounges, 2 Kitchen, 2 lunchrooms, chapel and multiple utility closets and storage rooms. There is a parking lot with parking for over 30 cars and plenty of street parking. The adjoining lot located on the SW corner of the property has a separate pin . This historic building is flanked by Bronzeville, Washington Park and Hyde Park Neighborhood. Because of the close proximity to transportation and the U. of C. this location would work well as Medical Staff Housing, Special event center, Cooking School, Rental test Kitchen, Trade School, Music Studio, Commercial Office space, Boutique Hotel w/fine dinning restaurant.

DAYS ON MARKET 242 LAST UPDATED 9/27/2017
YEAR BUILT 1898 COMMUNITY Washington Park
COUNTY Cook STATUS Active
PROPERTY TYPE(S) Instut/To Develop

PRICE HISTORY
Prior to Sep 21, '17 $9,000,000
Sep 21, '17 - Today $7,500,000


ADDITIONAL DETAILS
AIR CONDITIONING Central Air, Central Individual, Zoned
ARE ANY PROPERTY PHOTOS VIRTUALLY STAGED? No
BUILT BEFORE 1978 (Y/N) Yes
CONSTRUCTION Brick
DOCKS None
ELECTRICAL SERVICE Circuit Breakers
EXTERIOR BUILDING TYPE Brick
FIRE PROTECTION Fire Extinguisher/s, Other, Smoke or Fire Protectors, Sprinklers-Dry, Stand Pipe
FOUNDATION Block, Brick, Concrete
FRONTAGE/ACCESS City Street
GEOGRAPHIC LOCALE Chicago South
HEAT/VENTILATION Central Bldg Heat, Central Heat/Indiv Controls, Forced Air
INFORMATION 24-Hr Notice Required, Listing Agent Must Accompany, Other-See Remarks, Show-Special Instructions
KNOWN ENCUMBRANCES None Known
LAND AMENITIES Fencing, Other, Sidewalks
LISTING TYPE Exclusive Right To Sell
LOCATION Central Business District, Mixed Use Area, Public Transport Avail
LOT DIMENSIONS 186X132
MANAGING BROKER (Y/N) No
MISC INSIDE Common Lunchroom/s, Common Meeting Room/s, Elevator/s Passenger, Furnished Units Available, Heavy Floor Load, Inside Corridor/s, Janitorial Service, Multi-Tenant, Other, Public Restroom/s, Storage Inside
MISC OUTSIDE Courtyard, Handicapped Access, Other, Security Gate, Security Lighting, Security System, Storms and Screens (as exist), Tenant Signage
OUTDOOR PARKING 31-50 Spaces
POST DIRECTIONAL South
POTENTIAL USE Commercial, Other, Retail
PROPERTY OFFERED For Sale Only
PROPERTY TYPE Instut/To Develop
SALE TERMS Cash Only, Contract (Articles) for Deed, Conventional, Land/Lease, Lease/Purchase, Other
STATUS Active
TAXES 0
TAXES YEAR 2015
TENANT PAYS Electric, Heat, Varies by Tenant
UNINCORPORATED (Y/N) No
UTILITIES TO SITE Electric Nearby, Electric to Site, Gas Nearby, Gas to Site, Sanitary Sewer Nearby, Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
WATERFRONT (Y/N) No

ZESTIMATE
  5120 S King Drive, CHICAGO, IL

RENT ZESTIMATE
  5120 S King Drive, CHICAGO, IL



 
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Listed with Coldwell Banker Residential
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About Curtis Oliver

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Curtis Oliver

Managing Broker

I Got Properties

1740 W Estes Ave Chicago IL 60626

Curtis specializes in working with a wide variety of international clients. Being a family oriented person, Curtis genuinely cares about the people he works with. (773) 761-0145

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