405 E Oakwood Boulevard #P2-1P3-1, Chicago, IL 60653

405 E Oakwood Boulevard #P2-1P3-1, Chicago, IL 60653

0 beds 0 baths 1,500 Sqft

Overview Neighborhood Amenities Price details

$175,000 $117/sf Earn $3,500

213 days on Market

$175,000

Credit Back up to $3,500*
$116.67/sf

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Description:

Active - Other for sale

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.

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MLS: #12256796

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Furnished: Unfurnished

Status: Active

Listed Date: 12/15/2024

Days On Market: 213

Structure:

Construction Materials: Brick

Pets Allowed: No

Utilities:

Sewer: Public Sewer

WaterSource: Lake Michigan

Tax:

Parcel Number: 20032030351068

Agent:

Office Name: Keller Williams ONEChicago

Office Phone: 312-216-2422

Listing Agent Full Name: Travis Montgomery

List Agent MLS ID: TREC #890748

Score:

-chicago-for-sale-405 e oakwood boulevard #p2-1p3-1, chicago, il 60653-MRED12256796

Mortgage All cash

Monthly expenses $1,606

Property Tax $486

HOA Fee $0

Homeowners Insurance $47

Due at Close $168,875

List price $175,000

Closing costs $2,625

beycome Pre-paid title settlement fee: $199Learn more

beycome Credit Est. $3.5K

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The information is being provided by .
Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Broker Reciprocity disclosure: Listing information are from various brokers who participate in IDX (Internet Data Exchange).
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Customer reviews

Marc & Staci K., Loxahatchee, Fl

Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.

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