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  5. Grand Terrace Condominiums
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Grand Terrace Condominiums

405 E Oakwood Boulevard, Chicago, IL, 60653

YEAR BUILT

# STORIES

# TOTAL UNITS

37

UNIT SIZE RANGE

1,450-1,550 sqft

Description

The Grand Terrace Condominiums sit at 405 E Oakwood Boulevard in Chicago. This building has 3 stories and consists of 37 units. It was built with comfort in mind. The design promotes a sense of community while providing ample space for residents. Units in the building range from 1,450 to 1,550 square feet. There are options for both 1 and 2 bedrooms. Prices for these units run from $193,500 to $229,000. The average closed price for a unit is $140,000, which offers various choices for buyers. Living here comes with several amenities. There is an intercom system, laundry facilities, and a receiving room. Additionally, the building has elevators and bike trails. This can make daily routines much more convenient for everyone. Average days on market sits at 48 days. This gives interested buyers a fair chance to consider their options. It is important to note how quickly units can sell. This reflects the demand in the area and the appeal of the building. Nearby, residents can find places to eat like Chicago’s Home of Chicken & Waffles, Big and Littles Restaurant, and Chicago’s Roscoe’s. Such options for dining add to the local flavor. The surroundings also provide easy access to community life and leisure activities. The building is not far from local lakes, enhancing the possible outdoor activities. This can make living here particularly enjoyable for those who like nature. The combination of features and location makes this a great option for anyone looking for a new home.

Building ImageMLS ID #12256796
Building ImageMLS ID #12136955
Building Image
Building ImageView Listing

Grand Terrace Condominiums

405 E Oakwood Boulevard, Chicago, IL, 60653

YEAR BUILT

# STORIES

# TOTAL UNITS

37

UNIT SIZE RANGE

1,450-1,550 sqft

Description

The Grand Terrace Condominiums sit at 405 E Oakwood Boulevard in Chicago. This building has 3 stories and consists of 37 units. It was built with comfort in mind. The design promotes a sense of community while providing ample space for residents. Units in the building range from 1,450 to 1,550 square feet. There are options for both 1 and 2 bedrooms. Prices for these units run from $193,500 to $229,000. The average closed price for a unit is $140,000, which offers various choices for buyers. Living here comes with several amenities. There is an intercom system, laundry facilities, and a receiving room. Additionally, the building has elevators and bike trails. This can make daily routines much more convenient for everyone. Average days on market sits at 48 days. This gives interested buyers a fair chance to consider their options. It is important to note how quickly units can sell. This reflects the demand in the area and the appeal of the building. Nearby, residents can find places to eat like Chicago’s Home of Chicken & Waffles, Big and Littles Restaurant, and Chicago’s Roscoe’s. Such options for dining add to the local flavor. The surroundings also provide easy access to community life and leisure activities. The building is not far from local lakes, enhancing the possible outdoor activities. This can make living here particularly enjoyable for those who like nature. The combination of features and location makes this a great option for anyone looking for a new home.

Next

Description

The Grand Terrace Condominiums sit at 405 E Oakwood Boulevard in Chicago. This building has 3 stories and consists of 37 units. It was built with comfort in mind. The design promotes a sense of community while providing ample space for residents. Units in the building range from 1,450 to 1,550 square feet. There are options for both 1 and 2 bedrooms. Prices for these units run from $193,500 to $229,000. The average closed price for a unit is $140,000, which offers various choices for buyers. Living here comes with several amenities. There is an intercom system, laundry facilities, and a receiving room. Additionally, the building has elevators and bike trails. This can make daily routines much more convenient for everyone. Average days on market sits at 48 days. This gives interested buyers a fair chance to consider their options. It is important to note how quickly units can sell. This reflects the demand in the area and the appeal of the building. Nearby, residents can find places to eat like Chicago’s Home of Chicken & Waffles, Big and Littles Restaurant, and Chicago’s Roscoe’s. Such options for dining add to the local flavor. The surroundings also provide easy access to community life and leisure activities. The building is not far from local lakes, enhancing the possible outdoor activities. This can make living here particularly enjoyable for those who like nature. The combination of features and location makes this a great option for anyone looking for a new home.

Grand Terrace Condominiums Key Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price$140,000
Year over year list price0.00%

Year over year sale price0 0.00%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market48 days

Average HOA fees per sqft-
Next

Key Stats

Year over year list price0.00%

Year over year sale price00.00%
Total Listings0 Listed

Total sold1 Sold
Average Days on Market48 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Grand Terrace Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 3J3J-22892007-06-11
MLS#: 06440515
Closed$193,500
Unit 2J2J-221622007-06-01
MLS#: 06363179
Closed$162,000
Unit 4B4B-221482007-04-03
MLS#: 06332975
Closed$229,000
Unit 2J
2J

2 Beds

2 Baths

0 sqft


DateStatusPrice
2007-06-01Closed$162,000
MLS#: 06363179
Days On Market162
Unit 3J
3J

2 Beds

2 Baths

0 sqft


DateStatusPrice
2007-06-11Closed$193,500
MLS#: 06440515
Days On Market89
Unit 4B
4B

2 Beds

2 Baths

0 sqft


DateStatusPrice
2007-04-03Closed$229,000
MLS#: 06332975
Days On Market148
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at Grand Terrace comes with a host of amenities designed for modern living. Picture this: a convenient intercom system that allows you to buzz in visitors with ease, an elevator for easy access, and a laundry facility that takes the hassle out of chores. For bike enthusiasts, there’s a bike room and nearby bike trails waiting for your next outdoor adventure. Plus, a receiving room ensures that your packages are always safely handled. These features blend convenience and comfort seamlessly, making day-to-day living a dream.

Next

Amenities Description

Living at Grand Terrace comes with a host of amenities designed for modern living. Picture this: a convenient intercom system that allows you to buzz in visitors with ease, an elevator for easy access, and a laundry facility that takes the hassle out of chores. For bike enthusiasts, there’s a bike room and nearby bike trails waiting for your next outdoor adventure. Plus, a receiving room ensures that your packages are always safely handled. These features blend convenience and comfort seamlessly, making day-to-day living a dream.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Policies

Now, let’s dive into the building policies. Grand Terrace is notably pet-friendly, allowing cats and dogs to call it home—perfect for young professionals or couples with furry friends. There are just a few guidelines to keep in mind, such as a number limit for pets and a deposit requirement. These policies work together to create a respectful and harmonious community.

Next

Amenities Description

Now, let’s dive into the building policies. Grand Terrace is notably pet-friendly, allowing cats and dogs to call it home—perfect for young professionals or couples with furry friends. There are just a few guidelines to keep in mind, such as a number limit for pets and a deposit requirement. These policies work together to create a respectful and harmonious community.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Grand Terrace Condominiums--
3914 S King Dr$237/sqft.$6 /sqft.
3914 S King Drive$237/sqft.$6 /sqft.
558 E Oakwood Boulevard$164/sqft.$6 /sqft.
4122 S Vincennes Ave$179/sqft.$7 /sqft.
4137 S Prairie Avenue$179/sqft.$4 /sqft.

Nearby Schools

In Bronzeville, Grand Terrace Condominiums benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

Phillips Academy High School

F
Public|Grades 9–12
244 E Pershing Rd|0.23 miles away

Fuller Elementary School

C
Public|Grades PK–8
4214 S Saint Lawre...|0.37 miles away

I. Wells Preparatory Elementary Academy

C+
Public|Grades KG–8
249 E 37th St|0.37 miles away

Mollison Elementary School

D
Public|Grades PK–8
4415 S Dr Martin L...|0.54 miles away

Univ of Chicago Charter-Donoghue

D-
Public|Grades PK–5
707 E 37th St|0.55 miles away

Bronzeville Classical Elementary School

A
Public|Grades KG–4
8 W Root St|0.56 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

In Bronzeville, Grand Terrace Condominiums benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

Phillips Academy High School

F
Public|Grades 9–12
244 E Pershing Rd|Less than 1 Mile Away

Fuller Elementary School

C
Public|Grades PK–8
4214 S Saint Lawre...|Less than 1 Mile Away

I. Wells Preparatory Elementary Academy

C+
Public|Grades KG–8
249 E 37th St|Less than 1 Mile Away

Mollison Elementary School

D
Public|Grades PK–8
4415 S Dr Martin L...|Less than 1 Mile Away

Univ of Chicago Charter-Donoghue

D-
Public|Grades PK–5
707 E 37th St|Less than 1 Mile Away

Bronzeville Classical Elementary School

A
Public|Grades KG–4
8 W Root St|Less than 1 Mile Away

Perspectives Charter - Iit Campus

C+
Public|Grades 6–12
3663 S Wabash Ave|Less than 1 Mile Away

Chicago Military Academy High School

C
Public|Grades 9–12
3519 S Giles Ave|Less than 1 Mile Away

Urban Preparatory Charter Academy Bronzeville High School

B-
Public|Grades 9–12
521 E 35th St|Less than 1 Mile Away

Doolittle Elementary School

D
Public|Grades PK–8
535 E 35th St|Less than 1 Mile Away

Christ the King Lutheran School

--
Private|Grades PK–8
3701 S Lake Park A...|Less than 1 Mile Away

Woodson South Elementary School

D-
Public|Grades PK–8
4414 S Evans Ave|Less than 1 Mile Away

De la Salle Institute - Institute Campus

--
Private|Grades 9–12
3434 S Michigan Av...|Less than 1 Mile Away

Cambridge Classical Academy

--
Private|Grades PK–8
4622 S King Dr|Less than 1 Mile Away

Yccs-Youth Connection Leadership Academy

--
Public|Grades 9–12
3424 S State St|Less than 1 Mile Away

King College Preparatory High School

A+
Public|Grades 9–12
4445 S Drexel Blvd|Less than 1 Mile Away

Air Force Academy High School

B-
Public|Grades 9–12
3630 S Wells St|Less than 1 Mile Away

Pershing Elementary Magnet School

D+
Public|Grades PK–8
3200 S Calumet Ave|Less than 1 Mile Away

Robinson Elementary School

C+
Public|Grades PK–3
4225 S Lake Park A...|Less than 1 Mile Away

Hendricks Elementary Community Academy

C
Public|Grades PK–8
4316 S Princeton A...|1.01 Miles Away

Church of God of Chicago

--
Private|Grades KG–7
4601 S Drexel Blvd|1.01 Miles Away

Beethoven Elementary School

D-
Public|Grades PK–8
25 W 47th St|1.12 Miles Away

Dunbar Vocational Career Academy High School

C
Public|Grades 9–12
3000 S King Dr|1.20 Miles Away

Ariel Elementary Community Academy

D
Public|Grades PK–8
1119 E 46th St|1.22 Miles Away

Univ of Chicago Charter-Nth Kenwood

D
Public|Grades PK–5
1119 E 46th St|1.22 Miles Away

Little Black Pearl Arts Academy High School

--
Public|Grades 9–12
1060 E 47th St|1.22 Miles Away

Bronzeville Academy Charter School

D+
Public|Grades KG–8
4930 S Cottage Gro...|1.28 Miles Away

Williams Medical Preparatory High School

B-
Public|Grades 9–12
4934 S Wabash Ave|1.28 Miles Away

Bronzeville Scholastic High School

B+
Public|Grades 9–12
4934 S Wabash Ave|1.31 Miles Away

Reavis Math and Science Elementary School

D+
Public|Grades PK–8
834 E 50th St|1.36 Miles Away

McClellan Elementary School

C+
Public|Grades PK–8
3527 S Wallace St|1.38 Miles Away

Bridgeport Catholic Academy

--
Private|Grades PK–8
3700 S Lowe Ave|1.39 Miles Away

McKinley Lakeside Leadership Academy

--
Private|Grades 10–12
2920 S Wabash Ave|1.40 Miles Away

Yccs- Mckinley-Lakeside Leadership Academy

--
Public|Grades 9–12
2920 S Wabash Ave|1.41 Miles Away

St Gabriel Elementary School

--
Private|Grades PK–8
4500 S Wallace St|1.45 Miles Away

Walter Henri Dyett High School for the Arts

D+
Public|Grades 9–12
555 E 51st St|1.47 Miles Away

A. Graham Elementary School

D-
Public|Grades KG–8
4436 S Union Ave|1.54 Miles Away

Drake Elementary School

C
Public|Grades PK–8
2710 S Dearborn St|1.59 Miles Away

City Elementary School

--
Private|Grades 1–8
1100 E Hyde Park B...|1.62 Miles Away

St Jerome School

--
Private|Grades PK–8
2801 S Princeton A...|1.65 Miles Away

Shoesmith Elementary School

C+
Public|Grades KG–6
1330 E 50th St|1.66 Miles Away

Beasley Elementary Magnet Academic Center

C
Public|Grades PK–8
5255 S State St|1.67 Miles Away

Tilden Career Community Academy High School

F
Public|Grades 9–12
4747 S Union Ave|1.69 Miles Away

Dyett High School

--
Public|Grades 12–12
|1.69 Miles Away

Healy Elementary School

A
Public|Grades PK–8
3010 S Parnell Ave|1.73 Miles Away

Burke Elementary School

D
Public|Grades PK–8
5356 S King Dr|1.73 Miles Away

J. Ward Elementary School

B+
Public|Grades KG–8
2701 S Shields Ave|1.75 Miles Away

Kozminski Elementary School

D+
Public|Grades PK–8
936 E 54th St|1.80 Miles Away

Kenwood Academy High School

A-
Public|Grades 9–12
5015 S Blackstone ...|1.90 Miles Away

Armour Elementary School

B+
Public|Grades KG–8
950 W 33rd Pl|1.92 Miles Away

Transit

Grand Terrace Condominiums offers strong public transit access in Bronzeville, Chicago, with multiple transportation options located within a 2-mile radius. Nearby Bus, Rail, Metro allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

1111 W Pershing

1.92 miles away|37 min walk

1132 W Pershing

1.93 miles away|38 min walk

1240 E 47th Street

1.4 miles away|27 min walk

25th Street & Michigan

1.76 miles away|34 min walk

26th Street & Indiana

1.64 miles away|32 min walk

26th Street & King Drive

1.62 miles away|32 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Grand Terrace Condominiums offers strong public transit access in Bronzeville, Chicago, with multiple transportation options located within a 2-mile radius. Nearby Bus, Rail, Metro allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

1111 W Pershing

1.92 miles away|37 min walk

1132 W Pershing

1.93 miles away|38 min walk

1240 E 47th Street

1.4 miles away|27 min walk

25th Street & Michigan

1.76 miles away|34 min walk

26th Street & Indiana

1.64 miles away|32 min walk

26th Street & King Drive

1.62 miles away|32 min walk

26th Street & Prairie

1.63 miles away|32 min walk

27th St.

1.52 miles away|30 min walk

2800 S King Drive

1.45 miles away|28 min walk

3000 S King Drive

1.24 miles away|24 min walk

3000 S Michigan

1.31 miles away|26 min walk

3000 S Wentworth

1.45 miles away|28 min walk

31st Street Beach

1.24 miles away|24 min walk

31st Street & Canal

1.55 miles away|30 min walk

31st Street & Giles

1.12 miles away|22 min walk

31st Street & Halsted

1.88 miles away|37 min walk

31st Street & King Drive

1.11 miles away|22 min walk

31st Street & Lituanica

1.99 miles away|39 min walk

31st Street & Michigan

1.16 miles away|23 min walk

31st Street & Rhodes

1.12 miles away|22 min walk

31st Street & Throop

1.99 miles away|39 min walk

31st Street & Union

1.78 miles away|35 min walk

31st Street & Wallace

1.69 miles away|33 min walk

31st Street & Wells

1.39 miles away|27 min walk

3200 S Wentworth

1.26 miles away|25 min walk

33rd Place & Cottage Grove

0.82 miles away|16 min walk

33rd Place & Rhodes

0.79 miles away|16 min walk

3400 S State

0.9 miles away|18 min walk

3403 S Wallace

1.46 miles away|29 min walk

3406 S Wallace

1.47 miles away|29 min walk

35-Bronzeville-IIT

0.81 miles away|16 min walk

35th-Bronzeville-IIT

0.81 miles away|16 min walk

35th St. - Lou Jones

0.91 miles away|18 min walk

35th Street & Aberdeen

1.99 miles away|39 min walk

35th Street & Cottage Grove

0.67 miles away|13 min walk

35th Street & Federal

0.88 miles away|17 min walk

35th Street & Giles

0.62 miles away|12 min walk

35th Street & Halsted

1.64 miles away|32 min walk

35th Street & Indiana

0.66 miles away|13 min walk

35th Street & King Drive

0.6 miles away|12 min walk

35th Street & Lituanica

1.72 miles away|34 min walk

35th Street & Michigan

0.7 miles away|14 min walk

35th Street & Morgan

1.86 miles away|36 min walk

35th Street & Normal

1.29 miles away|25 min walk

35th Street & Rhodes

0.62 miles away|12 min walk

35th Street & Shields

1.12 miles away|22 min walk

35th Street & State (Green Line)

0.78 miles away|15 min walk

35th Street & Union

1.52 miles away|30 min walk

35th Street & Wallace

1.4 miles away|27 min walk

3600 S King Drive

0.48 miles away|10 min walk

The Neighbourhood: Bronzeville

Bronzeville sits on Chicago’s South Side near museums, parks, and transit hubs. DuSable Museum of African American History anchors local cultural activity and hosts exhibits. Washington Park offers wide green space, sports fields, and walking paths. Navy Pier provides rides, ferris wheel views, and seasonal festivals to visitors from across the city. Guaranteed Rate Field draws baseball fans for games and events near this district. CTA Red Line serves local riders and links to downtown. Metra Electric District connects the area with the lakefront and south suburbs. CTA buses run frequent routes through this district and support short trips. Valois and other restaurants serve simple meals to residents and guests. Promontory and neighborhood bars host live music and evening gatherings. Shops and galleries display art and sell everyday goods on street level. Small businesses occupy ground floors of older buildings and provide many local jobs. Parks and lakefront paths offer space for walking, biking, and dog care. Residents walk to stores, use transit, and attend cultural events at local venues. Demographic data shows the most common age group falls between 25 to 29 years old and that households with 1 person make up the largest share.

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Neighbourhood Description

Bronzeville sits on Chicago’s South Side near museums, parks, and transit hubs. DuSable Museum of African American History anchors local cultural activity and hosts exhibits. Washington Park offers wide green space, sports fields, and walking paths. Navy Pier provides rides, ferris wheel views, and seasonal festivals to visitors from across the city. Guaranteed Rate Field draws baseball fans for games and events near this district. CTA Red Line serves local riders and links to downtown. Metra Electric District connects the area with the lakefront and south suburbs. CTA buses run frequent routes through this district and support short trips. Valois and other restaurants serve simple meals to residents and guests. Promontory and neighborhood bars host live music and evening gatherings. Shops and galleries display art and sell everyday goods on street level. Small businesses occupy ground floors of older buildings and provide many local jobs. Parks and lakefront paths offer space for walking, biking, and dog care. Residents walk to stores, use transit, and attend cultural events at local venues. Demographic data shows the most common age group falls between 25 to 29 years old and that households with 1 person make up the largest share.

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Grand Terrace Condominiums Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 18.09% are children aged 0–14, 21.96% are young adults between 15–29, 18.23% are adults aged 30–44, 18.91% are in the 45–59 range and 22.81% are seniors aged 60 and above. Commuting options are also varying where 51.4% of residents relying on driving, while others prefer public transit around 24.62%, walking around 4.16%, biking around 1.2%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 73.38% of units are rented and 26.62% are owner occupied. The neighborhood offers different household types. About 17.58% are single family homes and 4.12% are multi family units. Around 55.35% are single-person households, while 44.65% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 21.36% of residents have bachelor’s degrees. Around 21.6% have high school or college education. Another 7.51% hold diplomas while 15.52% have completed postgraduate studies. The remaining are 34% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 18.09% are children aged 0–14, 21.96% are young adults between 15–29, 18.23% are adults aged 30–44, 18.91% are in the 45–59 range and 22.81% are seniors aged 60 and above. Commuting options are also varying where 51.4% of residents relying on driving, while others prefer public transit around 24.62%, walking around 4.16%, biking around 1.2%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 73.38% of units are rented and 26.62% are owner occupied. The neighborhood offers different household types. About 17.58% are single family homes and 4.12% are multi family units. Around 55.35% are single-person households, while 44.65% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 21.36% of residents have bachelor’s degrees. Around 21.6% have high school or college education. Another 7.51% hold diplomas while 15.52% have completed postgraduate studies. The remaining are 34% with other types of qualifications.

Age Demographics

0–14 Years

18.09%

15–29 Years

21.96%

30–44 Years

18.23%

45–59 Years

18.91%

60+ Years

22.81%

Commute

24.62%

Transit

4.16%

Walk

51.4%

Drive

1.2%

Bike

Housing Ownership

26.62%

Owner Occupied

73.38%

Rental Units

Household Types

Single Family
17.58%
Multi Family
4.12%
Single Person
55.35%
Multi Person
44.65%

Average Income

Household:$4,375,898.72 /yr

Individual:$3,044,231.17 /yr

Education

Bachelors Degree21.36%
High School College21.6%
Diploma7.51%
Post Graduate15.52%
Others34%
Next

Education

Diploma7.51%
Post Graduate15.52%
Others34%
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  2. /Chicago, IL
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    Grand Terrace Condominiums
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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EmailIConpaul@illinoispropertysearch.com
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