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516 E Oakwood Boulevard

Chicago, IL 60653
  • $1,221,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 12055578
UPDATED: 97 min ago
$1,221,000
  • 0
    BEDS
  • 0.74
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

School District:
299

Description

Prime Opportunity in Bronzeville Neighborhood: 7 Vacant Lots for Experienced Investors Nestled in the heart of Bronzeville, this prime parcel of vacant land presents a golden opportunity for seasoned investors looking to create stunning new developments. Comprising seven spacious lots totaling 32,136 square feet, this offering is primed for the construction of elegant apartments, charming rowhomes, or luxurious single-family residences. Strategically located mere steps away from a vibrant array of amenities, this property boasts proximity to renowned establishments such as Mariano's, Chicago Home of Chicken and Waffles, and Pearls Place. Additionally, it stands adjacent to the historic Monumental Baptist Church and the revered Light of Truth Ida B. Wells National Monument, enriching the area with cultural significance. Convenience is key, as residents will enjoy easy access to leisurely strolls along Lake Shore Drive and the nearby Oakwood/41st Street Beach. Culinary delights await just a short five-minute drive away at Pier 31 Restaurant, while major transportation arteries, including the I-90/94 expressway, are conveniently reachable within a mere ten-minute drive. With its unbeatable location and boundless potential, this vacant land in Bronzeville promises an exceptional investment opportunity for those with the vision to bring new life and prosperity to this historic neighborhood. Land is currently being separated into separate lots.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-07-23T22:00:39.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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516 E Oakwood Boulevard Chicago, IL 60653

  • Price: $1,221,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 97 min ago
  • MLS #: 12055578
0
Beds
0
Baths
0
½ Baths
0.74
Acres
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
Property Description
Prime Opportunity in Bronzeville Neighborhood: 7 Vacant Lots for Experienced Investors Nestled in the heart of Bronzeville, this prime parcel of vacant land presents a golden opportunity for seasoned investors looking to create stunning new developments. Comprising seven spacious lots totaling 32,136 square feet, this offering is primed for the construction of elegant apartments, charming rowhomes, or luxurious single-family residences. Strategically located mere steps away from a vibrant array of amenities, this property boasts proximity to renowned establishments such as Mariano's, Chicago Home of Chicken and Waffles, and Pearls Place. Additionally, it stands adjacent to the historic Monumental Baptist Church and the revered Light of Truth Ida B. Wells National Monument, enriching the area with cultural significance. Convenience is key, as residents will enjoy easy access to leisurely strolls along Lake Shore Drive and the nearby Oakwood/41st Street Beach. Culinary delights await just a short five-minute drive away at Pier 31 Restaurant, while major transportation arteries, including the I-90/94 expressway, are conveniently reachable within a mere ten-minute drive. With its unbeatable location and boundless potential, this vacant land in Bronzeville promises an exceptional investment opportunity for those with the vision to bring new life and prosperity to this historic neighborhood. Land is currently being separated into separate lots.
Exterior Features

Frontage Type City Street Lot Size .50-.99 Acre Parking Total 0 Road Surface Type Concrete Waterfront YN No

Interior Features

Basement Bathrooms YN No

Property Features

Building On Land No Corporate Limits Chicago Current Use Agricultural Farm No General Information Commuter BusInterstate Access Mls Actual Status Active Ownership Fee Simple Possible Use Multi-FamilySingle Family Special Listing Conditions None Tax Annual Amount 9867.31 Tax Year 2022 Township Hyde Park Type Land Utilities None Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 773-451-1200.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-07-23T22:00:39.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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