Chicago, IL 60653 4301 S King Drive

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Presented By: MoHall Commerical & Urban Development
  • MLS# 12088480
  • 06/19/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 12,580

Home Details

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.
Presented By: MoHall Commerical & Urban Development

Interior Features for 4301 S King Drive

Other Interior Features

FlooringCarpet, Concrete, Tile

General for 4301 S King Drive

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Concrete
CoolingCentral Air
CountyCook
Current UseCommercial
Days on Market60
DirectionsAt the southeast corner of S. King Drive and East 43rd Street
ElectricService - 101 to 200 Amps
Gross Income
Leasable Area12580
Lease TypeN/A
Lot Size Square Feet10900
MLS AreaCHI - Grand Boulevard
Net Operating Income0
NumberOfUnitsTotal2
Operating Expense0
Possible UseCommercial, Office and Research, Multi-Family, Retail
Property SubTypeLoft Building, Live/Work, Medical, Office
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories2
Tax Year2021
Year Built1930
ZoningCOMMR

Exterior for 4301 S King Drive

Building Area Total12580
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions109 X 100

Additional Details

Price History

Worth Clark

Price $1,000,000
MLS#12088480
List Date 06/19/2024
Property Type Commercial
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