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

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Presented By: Keller Williams ONEChicago
  • MLS# 12256796
  • 12/16/2024
  • Request Tour
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  • SQFT • 1,500

Home Details

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.
Presented By: Keller Williams ONEChicago

Interior Features for 405 E Oakwood Boulevard # P2-1P3-1

Bedrooms

Bedrooms Possible0
Total Bedrooms

Bathrooms

Half Baths0
Total Baths

Other Interior Features

LivingAreaSourceLandlord/Tenant/Seller
BasementNone
Total Number of Units41
Total Stories4

Other Rooms

Room TypeNo additional rooms

General for 405 E Oakwood Boulevard # P2-1P3-1

Additional Parcels Y/NYes
Assoc Fee Paid PerMonthly
Association Fee IncludesNone
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
DirectionsContinue on I-290 E. Take I-90 E/I-94 E to S Wentworth Ave. Take exit 55B from I-90 E/I-94 E Continue on S Wentworth Ave. Take W Pershing Rd to S King Dr/S Martin Luther King Dr
Elementary School District299
Full Baths
HeatingNone
High School District299
MLS AreaCHI - Grand Boulevard
Middle/Junior School District299
New ConstructionNo
OwnershipCondo
Pets AllowedNo
PossessionClosing
Property TypeResidential
Property TypeAttached Single
SewerPublic Sewer
Standard StatusActive
StatusActive
Sub TypeCondo-Loft
Tax Annual Amount5836.58
Tax Year2023
Total Rooms0
TownshipHyde Park
Unit NumberP2-1P3-1
Waterfront Y/NNo

Exterior for 405 E Oakwood Boulevard # P2-1P3-1

Lot DimensionsCOMMON
Total Parking0
Water SourceLake Michigan

Additional Details

Price History

Client Care

Price $175,000
MLS#12256796
List Date 12/16/2024
Property Type Condos
Phone 847.485.2500
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