14
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$175,000
Est. payment /mo
New
3957 S King Drive #-A Chicago, IL 60653
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UPDATED:
12/22/2024 06:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12256797
Year Built 1940
Annual Tax Amount $5,102
Tax Year 2023
Lot Dimensions COMMON
Property Description
Discover a one-of-a-kind property in the vibrant Bronzeville neighborhood of Chicago, offering endless possibilities for investors and creative entrepreneurs alike. This stunning 3-story red brick and terra cotta building, part of the prestigious Oakwood King Commercial & Residential Condominium Associations, combines historic charm with unparalleled customization potential. The ground-level space, spanning 750 square feet, is perfect for retail or office use, making it an excellent option for small businesses or professional services. In addition to this space, the two residential condos located above the retail/office unit are also available for sale. Together, these properties provide the unique opportunity to create a live/work environment, blending business operations with comfortable, private living. Listed at just $175,000, this combined offering delivers incredible value in a rapidly revitalizing area. Each of the three levels offers approximately 750 square feet of space, with the two upper floors featuring soaring 15-foot ceilings, ideal for creating lofted areas and maximizing usable square footage. The property's flexible layout allows for dual terraces on the south side and majestic window and door walls that flood the interiors with natural light, creating an inspiring environment for both work and living. Situated on King Drive, this property is surrounded by Bronzeville's rich cultural heritage and ongoing redevelopment efforts. The neighborhood benefits from proximity to public transportation, local businesses, cultural landmarks, and new residential developments, making it a prime location for retail, residential, or mixed-use spaces. This unique opportunity offers not only architectural beauty but also significant investment potential. Whether you're an entrepreneur seeking a live/work space or an investor looking for a property with strong appreciation potential, this is your chance to own a piece of Bronzeville's renaissance.
Location
State IL
County Cook
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Travis Montgomery • Keller Williams ONEChicago
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