6116-6134 South Doctor Martin Luther King Junior Drive, Chicago, IL 60637, USA
StudioBed:
3Bath:
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Price
$ 5,15M
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6
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About This
House
6116 S.King is a newly renovated and pristinely updated fifty-two (52) unit courtyard building located in the Washington Park neighborhood of Chicago's South Side. The asset sits just one (1) block from Washington Park and the 2025 Sunshine Community Center development, and just two (2) blocks away from the CTA Green Line 'El Station, ' providing tenants easy, affordable, and quick transportation to and from Chicago's Downtown. 6116 S.King has an incredibly desirable unit mix which is currently comprised of one, two, and three bedroom apartment units. Currently, the building consists of thirty-two (32) 1b/1ba units, fifteen (15) 2b/1ba units, and five (5) incredibly spacious 3b/1ba units - almost 80% of which have been fully renovated in the last 18-24…
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The average household income in
Chicago, IL
grew
from
$55,295
to
$57,238
in the past year. This data is an estimate based upon
1,1M
households in
Chicago, IL. The chart below presents how household income is distributed in
Chicago, IL
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Chicago, IL
compared to median property taxes around the country. The prevalent amount of property taxes in
Chicago, IL
equals
$3k+
, which is
more
than the national average.