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3654 S King Dr
Chicago, IL 60653
Hammer/Palmer Mansion · Multifamily Property For Sale · 2 Units

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INVESTMENT HIGHLIGHTS

  • Bronzeville Redevelopment Opportunity
  • Building rich with history but not currently landmarked
  • Previous owner had planned to use the building as a museum and event space
  • Corner Lot (NWC of King Drive & 37th St)
  • Lender owned
  • 1 block from Mariano's Grocery Store / Pharmacy

EXECUTIVE SUMMARY

Lender owned. Hammer/Palmer Mansion, consisting of a 3-story, ~9,200 SF mansion + a 2-story ~5,800 SF coach house. Located in Chicago's historic Bronzeville Neighborhood.

PROPERTY FACTS Under Contract

Sale Type Investment
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
  • REO Sale
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Single-Family Home
Building Class C
Lot Size 0.27 AC
Building Size 15,000 SF
No. Stories 3
Year Built 1888
Cross Streets 37th St
Zoning B3-2 - B3-2 Zoning. Orange Rated.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Tub/Shower
  • Yard
  • Attic

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Recycling
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-34-312-082-0000
Land Assessment
$93,184 CAD
Improvements Assessment
$149,576 CAD
Total Assessment
$242,761 CAD
  • Listing ID: 37706329

  • Date on Market: 2025-09-17

  • Last Updated:

  • Address: 3654 S King Dr, Chicago, IL 60653

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