$175,000
405 E Oakwood Boulevard #P2-1P3-1
Chicago, IL, 60653
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.
Property Details
Price:
$175,000
MLS #:
MRD12256796
Status:
Active
Beds:
0
Baths:
0
Address:
405 E Oakwood Boulevard #P2-1P3-1
Type:
Condo
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
Dec 16, 2024
State:
IL
Finished Sq Ft:
1,500
ZIP:
60653
Schools
School District:
299
Interior
Cooling
None
Heating
None
Exterior
Financial
HOA Frequency
Monthly
HOA Includes
None
Tax Year
2023
Taxes
$5,837
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Keller Williams ONEChicago. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
405 E Oakwood Boulevard #P2-1P3-1
Chicago, IL
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