- For Sale $6,200,000
- Property Type Multi-Family
- Property Size 78,000 SF
- Units 140
- Lot Size 1 Acre
- Date Updated Aug 16, 2026
Description
Located in the dynamic Woodlawn neighborhood, 6244 S King Dr stands at the center of a community on the rise. Woodlawn has long been a historic and culturally rich neighborhood on Chicago’s South Side, and today, it is experiencing a wave of reinvestment that is reshaping it into a hub of commerce, innovation, and equity.
With the Obama Presidential Center taking shape just minutes away, Woodlawn is poised to become a focal point for national and international attention. This transformative project is more than a museum—it is a global center for leadership and civic engagement, drawing visitors from around the world and creating new opportunities for the surrounding community. As the Obama Foundation builds a home for change, local investment is following suit, with new businesses, housing, and infrastructure projects bringing long-term value to the area.
At the same time, community-led initiatives like Woodlawn Central are ensuring that development happens without displacement. Designed with intention, Woodlawn Central is setting a national example for urban regeneration—where culture, technology, and sustainability are at the forefront. It envisions a connected, transit-accessible neighborhood where residents can live, work, and thrive within a five-minute walk of essential services.
6244 S King Dr is ideally positioned to benefit from this momentum. With its prime location along King Drive—a major corridor in Chicago’s South Side—this property offers an exceptional opportunity to be part of Woodlawn’s continued evolution. As new developments enhance the neighborhood’s landscape, properties in Woodlawn are becoming increasingly sought after by investors and residents alike.
Highlights
- 147 Total Units
- 9.28% Cap Rate
- Across the street from Dulles Elementary School
- Boiler building
- Close to I-90/94
- Coin laundry on-site
- Potential to convert office space into additional units
- Up-and-coming area with major investments, including the Obama Presidential Center and Woodlawn Central development
- Walking distance to the King Drive CTA Green Line Stop
- Walking distance to Washington Park
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Contacts
Sean Connelly
33 Realty
Location
Located at 6244 South King Drive, Chicago, IL 60637, this property is part of the Washington Park neighborhood and Chicago market.
Contact Listing Broker
Sean Connelly
33 Realty