516 Oakwood Boulevard, Grand Boulevard, Chicago, Illinois 60653


$1,125,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 0
Baths: 0
Year Built:
Property Taxes: $9,867
Days On Market: 458
Lot Size: 0,74
Map
Street View

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.

Property Specifics

Lot/Land
No
0.74
Cook
— / —
12055578
20032000410000

Property History

DATE: EVENT: PRICE: SOURCE:
1 Aug, 2024 Sold $1,125,000 MRED MLS
29 Jul, 2024 Under contract $1,221,000 MRED MLS
26 Jun, 2024 Listed for sale $1,221,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: —
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
First Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
0th Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 0
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

211 X 159.11 X 180.70 X 15
Not in DB

Tax History

Year Property Taxes
2024 $9,867

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Listing Provided By

Coldwell Banker Realty