544 East Oakwood BoulevardChicago, IL 60653Price: $3,995,000

  • Price: $3,995,000
  • 133 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1908Year Built

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544 E. Oakwood Blvd is 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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Listed by Aaron Sklar and Noah Birk of Kiser Group Realty Inc

Based on information submitted to MRED  as of February 21, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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