Chicago, IL 60621,5700 S May ST
Chicago, IL 60621,5700 S May ST
Chicago, IL 60621,5700 S May ST
Chicago, IL 60621,5700 S May ST
Chicago, IL 60621,5700 S May ST
Chicago, IL 60621,5700 S May ST
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$ 450,000
Est. payment | /mo

9 Beds

4 Baths


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$ 450,000
Est. payment | /mo
Save

9 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12076698

Bedrooms 9

Year Built 1903

Annual Tax Amount $2,879

Tax Year 2022

Lot Dimensions 3,750

Property Description

Welcome to this well-maintained 4-unit apartment building, a gem nestled in the heart of Englewood, Chicago. This property presents an exceptional investment opportunity with room for value-add, ideal for both seasoned investors and those looking to expand their real estate portfolio. Each unit offers a spacious layout with ample natural light, providing a comfortable and inviting living space for tenants. The interiors are well-kept, featuring functional kitchens, cozy living areas, and generous bedroom sizes. The property has been consistently maintained, ensuring a hassle-free investment experience. Highlights: Well-Maintained: The building has been meticulously cared for, minimizing immediate renovation needs. Value-Add Potential: Opportunities to increase property value through strategic upgrades and modernizations. Spacious Units: Each unit offers a practical and appealing layout, perfect for attracting and retaining tenants. Location: Situated in the vibrant Englewood neighborhood, this property benefits from proximity to local amenities, public transportation, and community development projects. Investment Potential: With the ongoing revitalization efforts in Englewood, this property stands to benefit from future appreciation. The potential for rental income is strong, and with some minor enhancements, the rental rates could be increased, further boosting your return on investment. Additional Features: Secure entryway On-site parking Storage space Common laundry area (optional improvement for added value) Location Perks: Englewood offers a mix of urban convenience and community spirit. Enjoy easy access to shopping centers, dining options, parks, and schools. The neighborhood's connectivity to major highways and public transit makes commuting a breeze for tenants. Don't miss out on this rare opportunity to acquire a solid investment property with promising returns. Schedule a viewing today and envision the potential this Englewood apartment building holds for you!

Location

State IL

County Cook

Area Chi - Englewood

Rooms

Basement Partial

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Vincent Ewing • Keller Williams ONEChicago

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Sarah Leonard

Broker | Owner

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5700 S May ST