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  5. 4950 S Martin Luther King Dr.
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4950 S Martin Luther King Dr.

4950 S Martin Luther King Dr., Chicago, IL, 60615

YEAR BUILT

# STORIES

# TOTAL UNITS

17

UNIT SIZE RANGE

750-850 sqft

Description

The building at 4950 S Martin Luther King Dr. is located in Chicago. It is a low-rise structure with 3 stories and includes 17 units. Each unit has either 1 or 2 bedrooms, making it suitable for various living situations. The sizes of the units range from 750 to 850 square feet. Recent prices for the units fall between $149,000 and $149,500. This puts the average price per square foot around $176. The market activity shows that these units can be appealing options for buyers. Nearby, residents have access to Lucy's Kitchen for dining and essential services offered by Chicago Public Schools and Watotot Wetu Academy. This adds to the local community feel. The neighborhood has a range of amenities that provide convenience. The building allows for parking, making daily routines easier for residents. Being close to roads means getting around the area is straightforward. The community offers a mix of urban life and a friendly atmosphere. Living in this building presents a chance to enjoy life in a well-connected area. Outdoor enthusiasts will appreciate the proximity to local parks. The location encourages a balanced lifestyle, with many options for both relaxation and activities nearby.

Building ImageMLS ID #08803796
Building ImageMLS ID #07671777
Building Image
Building ImageView Listing

4950 S Martin Luther King Dr.

4950 S Martin Luther King Dr., Chicago, IL, 60615

YEAR BUILT

# STORIES

# TOTAL UNITS

17

UNIT SIZE RANGE

750-850 sqft

Description

The building at 4950 S Martin Luther King Dr. is located in Chicago. It is a low-rise structure with 3 stories and includes 17 units. Each unit has either 1 or 2 bedrooms, making it suitable for various living situations. The sizes of the units range from 750 to 850 square feet. Recent prices for the units fall between $149,000 and $149,500. This puts the average price per square foot around $176. The market activity shows that these units can be appealing options for buyers. Nearby, residents have access to Lucy's Kitchen for dining and essential services offered by Chicago Public Schools and Watotot Wetu Academy. This adds to the local community feel. The neighborhood has a range of amenities that provide convenience. The building allows for parking, making daily routines easier for residents. Being close to roads means getting around the area is straightforward. The community offers a mix of urban life and a friendly atmosphere. Living in this building presents a chance to enjoy life in a well-connected area. Outdoor enthusiasts will appreciate the proximity to local parks. The location encourages a balanced lifestyle, with many options for both relaxation and activities nearby.

Next

Description

The building at 4950 S Martin Luther King Dr. is located in Chicago. It is a low-rise structure with 3 stories and includes 17 units. Each unit has either 1 or 2 bedrooms, making it suitable for various living situations. The sizes of the units range from 750 to 850 square feet. Recent prices for the units fall between $149,000 and $149,500. This puts the average price per square foot around $176. The market activity shows that these units can be appealing options for buyers. Nearby, residents have access to Lucy's Kitchen for dining and essential services offered by Chicago Public Schools and Watotot Wetu Academy. This adds to the local community feel. The neighborhood has a range of amenities that provide convenience. The building allows for parking, making daily routines easier for residents. Being close to roads means getting around the area is straightforward. The community offers a mix of urban life and a friendly atmosphere. Living in this building presents a chance to enjoy life in a well-connected area. Outdoor enthusiasts will appreciate the proximity to local parks. The location encourages a balanced lifestyle, with many options for both relaxation and activities nearby.

4950 S Martin Luther King Dr. Market Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

4950 S Martin Luther King Dr. Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 3H3H780212702007-04-10
MLS#: 06209694
Closed$140,500
Unit 3E3E780211722007-04-09
MLS#: 06316768
Closed$149,500
Unit 3A3A78021432007-01-24
MLS#: 06358094
Closed$139,500
Unit 3A
3A

2 Beds

1 Baths

780 sqft


DateStatusPrice
2007-01-24Closed$139,500
MLS#: 06358094
Days On Market43
Unit 3E
3E

2 Beds

1 Baths

780 sqft


DateStatusPrice
2007-04-09Closed$149,500
MLS#: 06316768
Days On Market172
Unit 3H
3H

2 Beds

1 Baths

780 sqft


DateStatusPrice
2007-04-10Closed$140,500
MLS#: 06209694
Days On Market270
View Complete Unit Listing HistorySource By: MRED

Amenities

Though specific amenities were not detailed, living at 4950 S Martin Luther King Dr. already has its perks. Pet lovers will appreciate that both cats and dogs are welcomed here, making it a homely space for you and your furry friends. Imagine cozy evenings with your pet, or enjoying a routine stroll around your new neighborhood, mingling with fellow residents.

Next

Amenities Description

Though specific amenities were not detailed, living at 4950 S Martin Luther King Dr. already has its perks. Pet lovers will appreciate that both cats and dogs are welcomed here, making it a homely space for you and your furry friends. Imagine cozy evenings with your pet, or enjoying a routine stroll around your new neighborhood, mingling with fellow residents.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Coin Laundry

Coin Laundry

Policies

The welcoming vibe continues with the building policies which embrace our furry friends. You'll be pleased to know that both cats and dogs are allowed, making it a pet-friendly environment where your four-legged companion can thrive as much as you do.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
4950 S Martin Luther King Dr.--
5014 S King Drive$155/sqft.$3 /sqft.
4829 S Prairie Avenue$116/sqft.$2 /sqft.
4847 S Vincennes Ave$191/sqft.$4 /sqft.
4847 S Vincennes Street$191/sqft.$4 /sqft.
4817 S Pr$131/sqft.$6 /sqft.

Nearby Schools

4950 S Martin Luther King Dr. is located near 50+ schools throughout Chicago. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Walter Henri Dyett High School for the Arts

D+
Public|Grades 9–12
555 E 51st St|0.32 miles away

Williams Medical Preparatory High School

B-
Public|Grades 9–12
4934 S Wabash Ave|0.4 miles away

Bronzeville Scholastic High School

B+
Public|Grades 9–12
4934 S Wabash Ave|0.42 miles away

Cambridge Classical Academy

--
Private|Grades PK–8
4622 S King Dr|0.44 miles away

Burke Elementary School

D
Public|Grades PK–8
5356 S King Dr|0.49 miles away

Bronzeville Academy Charter School

D+
Public|Grades KG–8
4930 S Cottage Gro...|0.52 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

4950 S Martin Luther King Dr. is located near 50+ schools throughout Chicago. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Walter Henri Dyett High School for the Arts

D+
Public|Grades 9–12
555 E 51st St|Less than 1 Mile Away

Williams Medical Preparatory High School

B-
Public|Grades 9–12
4934 S Wabash Ave|Less than 1 Mile Away

Bronzeville Scholastic High School

B+
Public|Grades 9–12
4934 S Wabash Ave|Less than 1 Mile Away

Cambridge Classical Academy

--
Private|Grades PK–8
4622 S King Dr|Less than 1 Mile Away

Burke Elementary School

D
Public|Grades PK–8
5356 S King Dr|Less than 1 Mile Away

Bronzeville Academy Charter School

D+
Public|Grades KG–8
4930 S Cottage Gro...|Less than 1 Mile Away

Dyett High School

--
Public|Grades 12–12
|Less than 1 Mile Away

Beasley Elementary Magnet Academic Center

C
Public|Grades PK–8
5255 S State St|Less than 1 Mile Away

Reavis Math and Science Elementary School

D+
Public|Grades PK–8
834 E 50th St|Less than 1 Mile Away

Beethoven Elementary School

D-
Public|Grades PK–8
25 W 47th St|Less than 1 Mile Away

Mollison Elementary School

D
Public|Grades PK–8
4415 S Dr Martin L...|Less than 1 Mile Away

Woodson South Elementary School

D-
Public|Grades PK–8
4414 S Evans Ave|Less than 1 Mile Away

Church of God of Chicago

--
Private|Grades KG–7
4601 S Drexel Blvd|Less than 1 Mile Away

Kozminski Elementary School

D+
Public|Grades PK–8
936 E 54th St|Less than 1 Mile Away

City Elementary School

--
Private|Grades 1–8
1100 E Hyde Park B...|Less than 1 Mile Away

Little Black Pearl Arts Academy High School

--
Public|Grades 9–12
1060 E 47th St|Less than 1 Mile Away

King College Preparatory High School

A+
Public|Grades 9–12
4445 S Drexel Blvd|Less than 1 Mile Away

Fuller Elementary School

C
Public|Grades PK–8
4214 S Saint Lawre...|Less than 1 Mile Away

Carter Elementary School

D-
Public|Grades PK–8
5740 S Michigan Av...|1.06 Miles Away

Univ of Chicago Charter-Nth Kenwood

D
Public|Grades PK–5
1119 E 46th St|1.08 Miles Away

Ariel Elementary Community Academy

D
Public|Grades PK–8
1119 E 46th St|1.08 Miles Away

Shoesmith Elementary School

C+
Public|Grades KG–6
1330 E 50th St|1.17 Miles Away

Bronzeville Classical Elementary School

A
Public|Grades KG–4
8 W Root St|1.18 Miles Away

Hendricks Elementary Community Academy

C
Public|Grades PK–8
4316 S Princeton A...|1.19 Miles Away

Sherwood Elementary School

C
Public|Grades PK–8
245 W 57th St|1.23 Miles Away

Robinson Elementary School

C+
Public|Grades PK–3
4225 S Lake Park A...|1.30 Miles Away

Murray Elementary Language Academy

C-
Public|Grades KG–8
5335 S Kenwood Ave|1.33 Miles Away

Tilden Career Community Academy High School

F
Public|Grades 9–12
4747 S Union Ave|1.34 Miles Away

Fiske Elementary School

D-
Public|Grades PK–8
6020 S Langley Ave|1.36 Miles Away

St Gabriel Elementary School

--
Private|Grades PK–8
4500 S Wallace St|1.37 Miles Away

Phillips Academy High School

F
Public|Grades 9–12
244 E Pershing Rd|1.40 Miles Away

Kenwood Academy High School

A-
Public|Grades 9–12
5015 S Blackstone ...|1.41 Miles Away

Cics - Washington Pk Campus

B+
Public|Grades KG–8
110 E 61st St|1.41 Miles Away

Ray Elementary School

C
Public|Grades PK–8
5631 S Kimbark Ave|1.42 Miles Away

Dewey Elementary Academy of Fine Arts

D
Public|Grades PK–8
5415 S Union Ave|1.43 Miles Away

Kipp Chicago Charters - Bloom Campus

C-
Public|Grades KG–8
5515 S Lowe Ave|1.46 Miles Away

Hope College Preparatory High School

--
Public|Grades 9–12
5515 S Lowe Ave|1.46 Miles Away

A. Graham Elementary School

D-
Public|Grades KG–8
4436 S Union Ave|1.51 Miles Away

I. Wells Preparatory Elementary Academy

C+
Public|Grades KG–8
249 E 37th St|1.58 Miles Away

Univ of Chicago Lab School

--
Private|Grades PK–12
1362 E 59th St|1.61 Miles Away

Univ of Chicago Charter-Donoghue

D-
Public|Grades PK–5
707 E 37th St|1.66 Miles Away

Akiba-Schechter Jewish Day School

--
Private|Grades PK–8
5235 S Cornell Ave|1.67 Miles Away

Perspectives Charter - Iit Campus

C+
Public|Grades 6–12
3663 S Wabash Ave|1.68 Miles Away

Dulles Elementary School

F
Public|Grades KG–8
6311 S Calumet Ave|1.70 Miles Away

Harte Elementary School

C
Public|Grades PK–8
1556 E 56th St|1.72 Miles Away

Sherman Elementary School

F
Public|Grades PK–8
1000 W 52nd St|1.76 Miles Away

Christ the King Lutheran School

--
Private|Grades PK–8
3701 S Lake Park A...|1.77 Miles Away

Sonia Shankman Orthogenic School

--
Private|Grades 5–12
6245 S Ingleside A...|1.78 Miles Away

Urban Preparatory Charter Academy Englewood High School

D+
Public|Grades 9–12
6201 S Stewart Ave|1.78 Miles Away

Chicago Military Academy High School

C
Public|Grades 9–12
3519 S Giles Ave|1.80 Miles Away

Transit

Situated in Bronzeville, 4950 S Martin Luther King Dr. offers convenient access to city-wide public transportation. Nearby Bus, Metro, Rail within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

1111 East 60th Street

1.56 miles away|30 min walk

1240 E 47th Street

1.18 miles away|23 min walk

35-Bronzeville-IIT

1.94 miles away|38 min walk

35th-Bronzeville-IIT

1.94 miles away|38 min walk

35th St. - Lou Jones

1.97 miles away|38 min walk

35th Street & Cottage Grove

1.87 miles away|36 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Situated in Bronzeville, 4950 S Martin Luther King Dr. offers convenient access to city-wide public transportation. Nearby Bus, Metro, Rail within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

1111 East 60th Street

1.56 miles away|30 min walk

1240 E 47th Street

1.18 miles away|23 min walk

35-Bronzeville-IIT

1.94 miles away|38 min walk

35th-Bronzeville-IIT

1.94 miles away|38 min walk

35th St. - Lou Jones

1.97 miles away|38 min walk

35th Street & Cottage Grove

1.87 miles away|36 min walk

35th Street & Federal

1.94 miles away|38 min walk

35th Street & Giles

1.85 miles away|36 min walk

35th Street & Indiana

1.86 miles away|36 min walk

35th Street & King Drive

1.85 miles away|36 min walk

35th Street & Michigan

1.87 miles away|36 min walk

35th Street & Rhodes

1.85 miles away|36 min walk

35th Street & State (Green Line)

1.9 miles away|37 min walk

3600 S King Drive

1.72 miles away|33 min walk

3600 S Wentworth

1.85 miles away|36 min walk

3800 S Wentworth

1.65 miles away|32 min walk

4016 S Michigan

1.23 miles away|24 min walk

40th Street & Ellis

1.4 miles away|27 min walk

41st & Emerald

1.81 miles away|35 min walk

42nd Place & Lake Park

1.31 miles away|26 min walk

43rd

0.85 miles away|17 min walk

43rd Green Line Station

0.86 miles away|17 min walk

43rd Street & Berkeley

1.2 miles away|23 min walk

43rd Street & Calumet (Green Line)

0.85 miles away|17 min walk

43rd Street & Cottage Grove

1 miles away|20 min walk

43rd Street & Drexel

1.08 miles away|21 min walk

43rd Street & Indiana

0.87 miles away|17 min walk

43rd Street & King Drive

0.85 miles away|17 min walk

43rd Street & Lake Park

1.27 miles away|25 min walk

43rd Street & Langley

0.94 miles away|19 min walk

43rd Street & LaSalle

1.07 miles away|21 min walk

43rd Street & Michigan

0.89 miles away|18 min walk

43rd Street & Princeton

1.19 miles away|23 min walk

43rd Street & State

0.96 miles away|19 min walk

43rd Street & St. Lawrence

0.9 miles away|18 min walk

43rd Street & Vincennes

0.86 miles away|17 min walk

43rd Street & Wentworth

1.13 miles away|22 min walk

47th (Green)

0.35 miles away|7 min walk

47th-Green

0.35 miles away|7 min walk

47th (Red)

0.84 miles away|17 min walk

47th-Red

0.84 miles away|17 min walk

47th Red Line Station

0.83 miles away|16 min walk

47th St. (Kenwood)

1.37 miles away|27 min walk

47th Street & Aberdeen

1.88 miles away|37 min walk

47th Street & Calumet

0.35 miles away|7 min walk

47th Street & Cottage Grove

0.65 miles away|13 min walk

47th Street & Drexel

0.74 miles away|15 min walk

47th Street & Ellis

0.87 miles away|17 min walk

47th Street & Federal

0.67 miles away|13 min walk

47th Street & Greenwood

0.97 miles away|19 min walk

The Neighbourhood: Bronzeville

Bronzeville, located in Cook County, IL, is a vibrant neighborhood rich in history and culture. Known for its significant role in the African American Great Migration, the area boasts historic landmarks and a flourishing arts scene. Residents enjoy access to a variety of amenities, including local shops, cafes, and community parks. The neighborhood's educational facilities, including renowned schools and libraries, attract families. Public transportation options, such as the CTA bus and train lines, offer convenient commuting, making Bronzeville an accessible and appealing place to live.

Next

Neighbourhood Description

Bronzeville, located in Cook County, IL, is a vibrant neighborhood rich in history and culture. Known for its significant role in the African American Great Migration, the area boasts historic landmarks and a flourishing arts scene. Residents enjoy access to a variety of amenities, including local shops, cafes, and community parks. The neighborhood's educational facilities, including renowned schools and libraries, attract families. Public transportation options, such as the CTA bus and train lines, offer convenient commuting, making Bronzeville an accessible and appealing place to live.

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4950 S Martin Luther King Dr. Demographics

Age Demographics

0–14 Years

16.86%

15–29 Years

25.75%

30–44 Years

19.18%

45–59 Years

19.16%

60+ Years

19.05%

Commute

23.85%

Transit

8.83%

Walk

48.27%

Drive

3.06%

Bike

Housing Ownership

28.37%

Owner Occupied

71.63%

Rental Units

Household Types

Single Family
20.53%
Multi Family
4.45%
Single Person
50.54%
Multi Person
49.46%

Average Income

Household:$4,489,249.14 /yr

Individual:$3,279,281.8 /yr

Education

Bachelors Degree24.83%
High School College18.57%
Diploma7.79%
Post Graduate21.9%
Others26.91%
Next

Education

Diploma7.79%
Post Graduate21.9%
Others26.91%
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  2. /Chicago, IL
  3. /
    4950 S Martin Luther King Dr.
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Wheeling
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