405 E Oakwood Boulevard #P2-1P3-1
Chicago, IL, 60653
$175,000
Beds
0 Baths
1,500 SqFt
0 Acres
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$175,000
405 E Oakwood Boulevard #P2-1P3-1
Chicago, IL, 60653
MLS #MRD12256796 img 0MLS #MRD12256796 img 1MLS #MRD12256796 img 2MLS #MRD12256796 img 3MLS #MRD12256796 img 4MLS #MRD12256796 img 5MLS #MRD12256796 img 6MLS #MRD12256796 img 7MLS #MRD12256796 img 8MLS #MRD12256796 img 9MLS #MRD12256796 img 10MLS #MRD12256796 img 11MLS #MRD12256796 img 12MLS #MRD12256796 img 13MLS #MRD12256796 img 14MLS #MRD12256796 img 15MLS #MRD12256796 img 16MLS #MRD12256796 img 17
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
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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405 E Oakwood Boulevard #P2-1P3-1
Chicago, IL