$1,000,000
( $79.49Per Sq Foot )
 $5,368 est/mo Sourced by Back At You

4301 S King Drive , Chicago, IL 60653

Chicago, IL 60653

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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 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.

Details

MLS#12219261
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive Under Contract
Year1930
Days On Site72
Listing Provided ByMoHall Commerical & Urban Development | Moses Hall

Features

SQ Feet12,580
Story(s)2
Units2
ZoningCOMMR

Market Activity 60653

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60653
AreaCHI Grand Boulevard
Listing VS Median (in 60653)
Price:
$1,000,000
low | high
Med:
$225,000
100% of Average
SqFt:
12,580
low | high
Med:
1,500
100% of Average
$ / SqFt:
$79
low | high
Med:
$150
38.7% of Average
On Site:
72
low | high
Med:
763.000000
9.436435124509% of Average
Sourced by Back At You
Listing Updated: January 31, 2025 at 3:46:01 PM PST