544 Oakwood Blvd, Chicago, IL 60653

This 19-unit apartment building in Chicago's desirable Bronzeville neighborhood presents a compelling investment opportunity. The property boasts 16,100 square feet and comprises sixteen 2-bedroom/1-bathroom units, two 3-bedroom/2-bathroom units, and one 4-bedroom/2-bathroom unit. All units feature spacious layouts, individual HVAC systems, and hardwood flooring. Four additional garden units offer potential for renovation and increased unit count. Recent improvements include newer windows, new porches, updated plumbing, a silver-coated roof, and an on-site laundry facility. The building maintains its original marble common areas, adding to its character. Located minutes from downtown and steps from Lake Michigan, this property benefits from a prime location in a rapidly developing area. The asking price is $3,995,000, with a price per square foot of $248.14. An assumable fixed-rate financing option with a 3.53% interest rate is available. The existing ground lease has 9 years remaining. This stabilized, cash-flowing asset offers significant potential for long-term growth and return on investment.