405 East Oakwood #P2-1P3-1, Chicago IL 60653
- Bedrooms 0
- Bathrooms 0
- Taxes $5,836.58
- HOA
- Payment Estimate View Mortgage Calculator
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Property Description
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.
Features & Information
Key Details
- List Price $175,000
- Property Taxes 5836.58
- Unit Floor Level 2
- Square Feet 1500
- Price/ Sq. Ft. $116.67
- Year Built U
- Parking Type None
- Status New
Rooms
-
Master Bedroom
- Master Bath N
Interior Features
-
Heating & Cooling
- Heating Type None
Exterior Features
-
Parking
- Parking None
- # of Cars 0
Building Information
- Number of Units 41
- Age of Building 100+ Years
- Exterior Construction Brick
-
Pets
- Pets Allowed? N
- Pet Types No Pets
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 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
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Schools
- Elementary School District 299
- Junior High District 299
- High School District 299
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Property Taxes
- Tax 5836.58
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 20032030351068
Utilities
- Sewer Sewer-Publ
Listed by Travis Montgomery for Keller Williams ONEChicago | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/22/2024 8:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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