Contacts

Noah Birk

Kiser Group

Property Details

Property Type Multi-Family
Property Size 7,200 SF
Units 12
Additional Rent Contact for pricing
Year Built 1922
Date Updated Nov 26, 2024

10212-14 S King Drive, Chicago, IL 60628Kiser Group is pleased to exclusively present for purchase 10212 S. King, a twelve (12) unit courtyard building located in Chicago's historic Rosemoor neighborhood. Nestled amongst an abundance of single-family homes, and across the street from St. John De LaSalle Catholic School, this property offers easy access to local amenities, public transportation, and friendly community living. 10212 S. King is currently comprised of five (5) 1BD/1BA, six (6) 2BD/1BA, and one (1) 3BD/1BA units, with the first-floor 3BD/1BA recently converted into a spacious duplex-down unit. Recent improvements to the building include, but are not limited to, updated porches, copper plumbing, individual furnaces & hot water tanks, and central air conditioning in five (5) of the twelve (12) units. Furthermore, the building include six (6) garage spots in the rear. Current ownership is presently not capitalizing on the garage. 10212 S. King presents an investor with the unique opportunity to acquire a stabilized, positive cash flowing asset with an in-place cap rate of just over 9%. Through raising rents to figures already being achieved in the building, there is an opportunity to gain a cap rate north of 11% and a cash on cash return of just under 23%.

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Getting around

74/100
Walk Score ®
63/100
Transit Score ®
66/100
Bike Score ®

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Location

City Chicago, IL
Neighborhood Rosemoor
Zip Code 60628
Market Chicago

Points of Interest

95th/Dan Ryan

1.05 miles
Kensington (115th Street)

1.57 miles
Gresham

2.50 miles
99th Street (Beverly Hills)

2.77 miles
West Pullman

2.80 miles
Brainerd

2.83 miles
103rd Street (Beverly Hills)

2.84 miles
107th Street (Beverly Hills)

2.96 miles
111th Street (Morgan Park)

3.12 miles
115th Street (Morgan Park)

3.37 miles

Citgo

0.39 miles
Mobil

0.77 miles
BP

0.93 miles
Pullman Citgo

1.19 miles
Super Save

1.23 miles
Tesla Supercharger

1.24 miles
Shell

1.29 miles
Gulf

1.52 miles
ChargePoint

5.29 miles
EVgo

8.77 miles

Kensington / 115th Street Station Parking Lot

1.53 miles
Auto Warehousing Company

3.66 miles
93rd St. (South Chicago) Station Parking Lot

3.68 miles
83rd Street Metra Park & Ride

4.08 miles
Lot 10

5.04 miles
Lot 7

5.05 miles
Car Parking

5.07 miles
Lot 9

5.07 miles
Lot 6

5.07 miles

Royal Motel

0.58 miles
Admiral Motel

1.46 miles
Stony Island Motel

2.00 miles
Skyway Motel

2.00 miles
Beverly Motel & Suites

2.18 miles
New Budget Motel

2.96 miles
East of the Ryan

3.03 miles
South Shore Motel

3.06 miles
Empire Motel

3.32 miles
Plaza Inn

4.07 miles

Ross

1.12 miles
Walmart Supercenter

1.15 miles
Farmfoods

1.63 miles
Save-A-Lot

1.65 miles
Jewel-Osco

1.80 miles
dd's Discounts

1.84 miles
Food 4 Less

2.13 miles
ALDI

2.30 miles
Pete's Produce

2.40 miles
Forman Mills

3.08 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.