Residential Income for Sale: 5700 S May, Chicago, IL 60621

9 beds
$450,000
$450,000
5700 S May, Chicago, IL 60621
9 beds
$450,000
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Price:
$450,000

Type Residential Income
Beds 9
Year Built 1903

City Chicago
County Cook
School District 299

MLS 12076698
Status Active
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!

Room Features

Basement Description Unfinished

Lot & Building Features

Heating Natural Gas
Parking Description None
Tax Year 2022
Water Public
Lot Dimensions 3,750 ft

Community and Schools

Elementary School 299

Price History of 5700 May, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $450,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Denise Amraen, ePRO
Direct: 708-237-7778
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Keller Williams ONEChicago, Vincent Ewing
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1%
6.75%
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Monthly Taxes
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5700 May (MLS #12076698) is a residential income listing located in Chicago, IL. This property was listed on 10/11/2024 and has been priced for sale at $450,000.

Nearby zip codes are 60609, 60636, 60638 and 60653.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams ONEChicago