544 E. Oakwood Blvd Chicago, IL 60653

This exceptional 16,100 square foot multifamily property, located at 544 E. Oakwood Blvd in Chicago's desirable Bronzeville neighborhood, presents a compelling investment opportunity. The building boasts nineteen units, comprised of sixteen two-bedroom, one-bathroom units; two three-bedroom, two-bathroom units; and one four-bedroom, two-bathroom unit. All units feature spacious layouts, individual HVAC systems, and hardwood flooring. Four additional garden units offer potential for renovation and increased rental income. The building has undergone significant improvements, including newer windows, a new roof, updated plumbing, and a silver-coated roof. Original marble common areas and an on-site laundry facility add to its appeal. This meticulously maintained building is situated minutes from downtown Chicago and steps from Lake Michigan, offering unparalleled convenience and desirability. The property's strong cash flow is further enhanced by the option to assume existing Freddie Mac financing with an approximate loan balance of $2,580,000, a 3.53% interest rate, and two years of interest-only payments remaining, with nine years until maturity. This presents a rare opportunity to acquire a stabilized, cash-flowing asset in a rapidly developing and highly sought-after South Side neighborhood. The 0.37-acre lot provides ample space.