4301 S King Drive, Chicago, IL 60653

  • $1,000,000
  • $1,000,000
4301 S King Drive, Chicago, IL 60653
For Sale
4301 S King Drive, Chicago, IL 60653
  • $1,000,000
  • $1,000,000

Overview

Property ID: 22388046
  • Commercial Sale
  • Property Type
  • 1930
  • Year Built

Description

Introducing the Historic T.K. Lawless Building at 4301-4309 S. King Drive-A Prime Development Opportunity in Chicago’s Vibrant Bronzeville Neighborhood. This iconic two-story commercial office building, named after the pioneering dermatologist Dr. Theodore “T.K.” Lawless, serves as a testament to Bronzeville’s rich cultural and historical heritage. The property spans 10,900 SF on a strategic corner lot with 109 feet of frontage along East 43rd Street and 100 feet on S. King Drive, ensuring excellent visibility and access in a district known for its deep historical roots and vibrant community life. The building itself encompasses a total gross building area of 12,580 SF. The layout includes spacious administrative offices and conference rooms on both floors, ideal for redevelopment into a variety of uses such as educational facilities, creative lofts, or community centers. Highlighted by a striking mural of Nat King Cole, the building reflects the neighborhood’s legacy as a hub for influential African American artists and intellectuals. Strategically located within Bronzeville, the T.K. Lawless Building is poised near major Chicago attractions and essential transportation links. It is just a short 5-mile drive from the Chicago Downtown Central Business District, offering potential for significant commuter and consumer traffic. Proximity to the Dan Ryan Expressway (I-94), only 1.20 miles to the west, and Lake Shore Drive, merely 0.50 miles to the east, provides excellent connectivity to the wider Chicago area. Public transportation is readily accessible, with several Chicago Transit Authority (CTA) bus routes passing directly by the building, enhancing its appeal to both visitors and everyday commuters. The building’s location is also within easy reach of renowned Chicago landmarks such as the Museum of Science and Industry, the future Obama Presidential Center, and the bustling corridors of the University of Chicago, all less than 10 minutes away. Zoned B3-3, Community Shopping District, the T.K. Lawless Building presents a rare and valuable opportunity for developers and non-profit organizations to reinvent a significant piece of Chicago’s heritage. Whether envisioned as a cultural center, educational institute, or creative workspace, this property offers a unique canvas to create a landmark that honors its historical significance while embracing contemporary needs. Seize the opportunity to transform the T.K. Lawless Building into a modern legacy in the heart of Bronzeville, where history meets boundless potential.

  • Address 4301 S King Drive
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60653
  • Country United States

Details

Updated on August 24, 2024 at 7:54 am
  • Property ID: 22388046
  • Price: $1,000,000
  • Year Built: 1930
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 12580
  • MLS#: MRD12088480
  • Office Name: MOHALL COMMERICAL & URBAN DEVELOPMENT
  • Agent Name: Moses Hall
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD87295
  • List Agent MLSID: MRD875865
  • List Date: 2024-06-19T15:26:56.000Z
  • Cooling: Central Air
  • Tax Year: 2021
  • Flooring: Carpet,Concrete,Tile
  • County: Cook
  • Property SubType: Loft Building,Live/Work,Medical,Office

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