516 E Oakwood Boulevard
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For Sale

516 E Oakwood Boulevard

516 E Oakwood Boulevard, Chicago, IL 60653

$1,221,000
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.

0.74 Acres lot

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 516 E Oakwood Boulevard, Chicago, IL 60653. We are reviewing your request and will be in touch shortly!
Paulette Edwards

Paulette Edwards

Sybil Martin

Sybil Martin

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area0.74 Acres
  • MLS® ID12055578
  • TypeLand
  • NeighborhoodBronzeville
  • School District299

Exterior

  • utilitiesNone

Financial

  • Sales Price$1,221,000
  • Real Estate Tax $9,867/yr
  • Zoning MULTI

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