405 E Oakwood Boulevard Unit P2-1P3-1
Chicago, IL 60653
- – beds
- – baths
- 1,500 sqft
- $116 per sqft
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 22, 2024
•
MLS# 12256796 —
The Building
-
Rebuilt:No
-
New Construction:false
-
Basement:None
-
Disability Access:No
-
Stories Total:4
-
Living Area Source:Landlord/Tenant/Seller
Interior
-
Room Type:No additional rooms
Room Dimensions
-
Living Area:1500
Location
-
Directions:Continue 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
-
Location:87738
The Property
-
Parcel Number:20032030351068
-
Property Type:Residential
-
Lot Size Dimensions:COMMON
-
Waterfront:false
-
Additional Parcels:true
Listing Agent
- Contact info:
- Agent phone:
- (773) 946-8816
- Office phone:
- (312) 216-2422
Taxes
-
Tax Year:2023
-
Tax Annual Amount:5836.58
The Listing
-
Special Listing Conditions:None
Heating & Cooling
-
Heating:None
-
Cooling:None
Utilities
-
Sewer:Public Sewer
-
Water Source:Lake Michigan
Schools
-
Elementary School District:299
-
Middle Or Junior School District:299
-
High School District:299
The Community
-
Pets Allowed:No
-
Association Fee Includes:None
-
Association Fee Frequency:Monthly
-
Master Assoc Fee Frequency:Not Required
Monthly cost estimate
Asking price
$175,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$937
|
| Taxes | $486 |
| Insurance | $48 |
| Utilities | N/A |
| Total | $1,471/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/16/24
Dec 16, 2024
|
Listed / Active | MRED | $175,000 | 150.4% (38.4% / YR) |
|
1/17/21
Jan 17, 2021
|
MRED | $69,900 | ||
|
11/2/20
Nov 2, 2020
|
MRED | $69,900 |
