$375,000

$2,073 /mo - est. payment

For Sale

2501 S King Dr Chicago, IL 60616 (Near South Side)

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  • Lot/Land
  • 157 Days on Trulia

Home Details for 2501 S King Dr


For Sale > IL > Chicago > 60616 > Near South Side > 2501 S King Dr
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Location, Location, Location! 9,230 SF of HIGHLY VISIBLE cleared land located immediately S of McCormick Pl at the SW corner of 25th St & King Dr. , 25th frontage 65'', King frontage 142'', zoned M1-3, curb cuts on King & 25th, dead-end public ally adjacent on the S, located in the Bronzeville TIF & Lakefront Protection District. Retail gasoline sales prohibited. The subject property is included for potential development as part of larger Michael Reese development, for which City of Chicago has put out an RFP. The parcels are referred to as "Advocate/McDonald''s Site" Per City''s RFP, I...f Selected Developer has included the Advocate/McDonald''s Site in their development proposal, the Selected Developer must commit to acquire Advocate/McDonald''s Site through private negotiations with the current owners. If negotiations fail & the City elects to acquire property through eminent domain, developer must commit to pay the fair market value.
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Schools
Drake Elementary School
Below Average

Middle School
Below Average

High School
Below Average
Lowest
Crime
Features of this property

Information last updated on 02/14/2017 12:00 AM:
    • Price: $375,000
    • Lot/​Land
    • MLS/Source ID: 09347070
    • Zip: 60616
2501 South King Drive, Chicago IL
2501 S King Dr
$375,000
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Price History & Trends


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This Home
$375,000
VS
$255,000
$244,000

Real Estate Trends in Near South Side

Average listing price for similar homes $353,780 6% below listing price
Average listing price for all homes in Near South Side $490,328 24% above listing price
Median sale price for all homes in Near South Side $255,000 32% below listing price

Listing provided via the MLS:

Listing Provided by

Gershon Draiman, A.R.E. Partners Inc., (312) 300-7237

Agent Phone: (773) 576-4455

MLS Disclaimer: Copyright MRED. All rights reserved. Information is deemed reliable but not guaranteed.