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$175,000

Beds
Unknown
sq ft
1,500

405 E Oakwood Blvd Unit P-2, Chicago, IL 60653

405 E Oakwood Blvd Unit P-2

Chicago, IL 60653

  • 5 days on market
Excited to present a unique opportunity to acquire 2 adjacent raw condos located at 3957 S. King Dr., P2-1 & P3-1, in the vibrant Bronzeville neighborhood of Chicago. Priced at $175,000, this offering includes approximately 750 SF per unit, with the potential to combine for a total of 1,500 SF. Boasting approximately 15-foot ceilings, these spaces allow for the addition of lofts, maximizing usable square footage. Situated in the heart of Bronzeville, a neighborhood experiencing significant revitalization and growth, this property benefits from strong foot traffic, proximity to public transportation, thriving local businesses, and new residential developments. The ongoing tax appeal adds further value to the offering, enhancing its investment potential. The flexibility of these raw units allows investors or developers to customize the space to meet market demand, whether as high-end rental units, unique office spaces, or luxurious residential homes. This rare opportunity combines exceptional architectural features, including towering ceilings and potential outdoor spaces, with a prime location in one of Chicago's most historic and culturally rich neighborhoods. At $175,000, this property offers both short-term potential and long-term appreciation, making it an ideal investment for those looking to capitalize on Bronzeville's upward trajectory. Don't miss the chance to craft something truly spectacular in a thriving community.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$117

Year built

Unknown

Annual property taxes

$5,836.58

HOA

Yes

Price History

12/16/2024
MRED

MRED #12256796

Listed
$175,000

Schools & Community

Neighborhood: 

Bronzeville

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

299

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Status: Active

Tomo last checked: 12/21/2024 at 12:25 PM

Listing updated: 12/17/2024 at 2:41 AM

Listed by: Travis Montgomery, Keller Williams ONEChicago Phone #: (312) 216-2422

MLS: MRED #12256796

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