Sold
Closed
516 E Oakwood Boulevard
Chicago IL, 60653
$1,125,000
$34.90 per sqft
Sold
Closed
0.74 Acres
Land
Courtesy of Coldwell Banker Realty
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.
12055578
MLSⓇ ID
June 26, 2024
Listed
October 2, 2024
Updated
Map
516 E Oakwood Boulevard
Chicago IL, 60653
Exterior/Building Features
Lot Size
0.74 Acres
School Information
School District
299
Other Property Details
Area Name
CHI - Grand Boulevard
Taxes
$9,867
Tax Frequency
Annually
Days on Market
34
Garage
No
Parking Total
0
View
No
County
Cook
Municipality
Hyde Park
Pool
No
Zoning
MULTI
Listing History
Date | Event | Price |
|---|---|---|
8/2/2024 | Sold | $1,125,000 |
7/30/2024 | Pending | — |
Courtesy of Coldwell Banker Realty, Paulette Edwards,
Listing Contact: 773-837-0383
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Hello Chicago Homes are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 10/2/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 4:23 AM UTC, 10/2/2024
