Contacts

Noah Birk

Kiser Group

(773) 293-5090

Property Details

Property Type Multi-Family
Property Size 16,100 SF
Units 19
Date Updated Jan 29, 2024

BronzevilleKiser Group is pleased to exclusively present for purchase 544 E. Oakwood Blvd, a beautiful nineteen (19) unit building in the coveted Bronzeville neighborhood of Chicago. Just minutes from downtown, and steps from Lake Michigan. 544 E. Oakwood is an ideally located building for any investor. 544 E. Oakwood is conveniently comprised of sixteen (16) 2Bd/1Ba units, two (2) 3Bd/2Ba units, and one (1) 4Bd/2Ba unit. All of which feature spacious layouts, individual HVAC, and hardwood flooring throughout. There are also four (4) additional garden units that could potentially be renovated and added back to the total unit count. The building has been meticulously maintained and updated over the years resulting in its fantastic shape. Improvements to building include, but are not limited to, newer windows, new porches, updated plumbing, silver coated roof, original marble common areas, onsite laundry facility, and many other stunning attributes. 544 E. Oakwood offers an investor the opportunity to acquire a stabilized, cash-flowing asset in one the South Side's most sought after and developing neighborhoods. Additionally, an investor has the option to assume the existing fixed rate debt (terms below) through Freddie Mac. ASSUMABLE FINANCING: Buyer has the option to assume the current loan, approximate terms are: - $2,580,000 - 3.53% Rate w/ 2 Years I/O Remaining - 9 Years Remaining

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Highlights

Prime Bronzeville Location
Nineteen (19) Units + Three (3) Potential Garden Units
Sixteen (16) 2Bd/1Ba, Two (2) 3Bd/2Ba, & One (1) 4Bd/2Ba
Newer Windows, Roof, Plumbing, & Individual HVAC
Assumable Financing Option w/ 3.53% Interest Rate

Getting around

72/100
Walk Score ®
61/100
Transit Score ®
77/100
Bike Score ®

Powered by Walk Score ®

City Chicago, IL
Neighborhood Bronzeville
Zip Code 60653
Market Chicago

Points of Interest

Indiana

0.46 miles
43rd

0.55 miles
State & 37th Street

0.78 miles
35th-Bronzeville-IIT

0.90 miles
47th

1.00 miles
Sox-35th

1.16 miles
47th

1.30 miles
51st

1.49 miles
Garfield

1.96 miles
51st-53rd Street (Hyde Park)

1.98 miles

BP

0.15 miles
BP

0.64 miles
BP

0.87 miles
Mobil

1.06 miles
BP

1.07 miles
Citgo

1.09 miles
BP

1.11 miles
BP

1.19 miles
BP

1.19 miles
Shell

1.47 miles

Tailgate Lot

1.18 miles
Lot L

1.19 miles
Lot F

1.20 miles
Lot A

1.21 miles
VIP Lot E

1.23 miles
McCormick Place Truck Marshing Yard

1.23 miles
Lot B

1.26 miles
Ride Share Lot

1.27 miles
VIP Lot D

1.29 miles
Lot C

1.38 miles

Amber Inn Motel

0.53 miles
Chicago South Loop Hotel

1.73 miles
Chicago Lake Shore Hotel

1.81 miles
Sophy Hotel

1.96 miles
Hyatt Place Chicago-South/University Medical Center

2.00 miles
Hyatt Regency McCormick Place

2.02 miles
SpringHill Suites by Marriott Chicago Chinatown

2.10 miles
Hilton Garden Inn, Hampton Inn, & Home2 Suites

2.12 miles
Marriott Marquis

2.15 miles
Wheeler Mansion

2.24 miles

Mariano's Fresh Market

0.22 miles
WIC Grocery

0.45 miles
Jewel-Osco

0.69 miles
One Stop Foods

0.86 miles
Walmart Neighborhood Market

1.02 miles
Ross

1.24 miles
Fat Lee Supermarket

1.79 miles
Target

1.88 miles
Marshalls

1.90 miles
Whole Foods Market

1.91 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

544 E. Oakwood Blvd