$3,500,000
( $173.27Per Sq Foot )
 $18,789 est/mo Sourced by Back At You

6535 S King Drive,Chicago, IL 60637

Chicago, IL 60637

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Description

Best Motel by OYO Chicago, 53-rooms, 2-Story California-style exterior corridor motel built in 1971, totaling approximately 20,200 building Sq ft. and about 18,000 Sq ft. of land with main-level on-site parking. Located in Chicago's Woodlawn neighborhood on the South Side, near Hyde Park and Englewood. The property is within 2-miles from Barak Obama Presidential Library, close to the University of Chicago, Jackson Park, the Museum of Science and Industry, neighborhood retails and transit, including the CTA King Drive Station. Approximately 1-mile east of the Dan Ryan Expressway and within several miles from and to downtown Chicago, the area is experiencing ongoing redevelopment, including the nearby Barack Obama Presidential Library (opening Spring 2026). Zoned C1-2 Commercial, permitting a wide range of uses including retail, auto services, warehouse, mixed-use, and residential above ground floor.

Details

MLS #12571609
Listing TypeFor Sale
StyleBus / Bus W/real Est
Sub-TypeResale
StatusActive
Days On Site199
Listing Provided ByCentury 21 Circle | Mark Ahmad

Features

SQ Feet20,200
Story(s)2
ZoningCOMMR
Acreage0.40

Interior

CoolingCentral Air

Exterior

Construction MaterialsConcrete

Taxes

Tax Year2024
Tax Annual Amount145605

Area Information

StateIL
CountyCook
CityChicago
Zip Code60637
AreaCHI Woodlawn
Listing VS Median (in 60637)
Price:
$3,500,000
low | high
Med:
$135,000
100% of Average
sqft:
20,200
low | high
Med:
3,500
100% of Average
$ / sqft:
$173
low | high
Med:
$39
100% of Average
On site:
199
low | high
Med:
119
100% of Average
Sourced by Back At You

Market Activity 60637

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60637
AreaCHI Woodlawn
Listing VS Median (in 60637)
Price:
$3,500,000
low | high
Med:
$135,000
100% of Average
sqft:
20,200
low | high
Med:
3,500
100% of Average
$ / sqft:
$173
low | high
Med:
$39
100% of Average
On site:
199
low | high
Med:
119
100% of Average
Sourced by Back At You
Listing Updated: August 31, 2026 at 1:08:35 PM PDT
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