IL
Cook
Chicago
60621
5700 S May Street
5700 S May Street, Chicago, IL 60621
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Listing Type
Multi Family
Listing Status
active
16
$410,000
Home Details for 5700 S May Street
Price
$410,000
Type
Residential Income
Bedrooms
9
Bathrooms
4.0
Square feet
NaN
Year built
1903
County
Cook
Total rooms
14
Garage
Basement
Unfinished, Partial
Days on site
275
MLS Listing#
12076698
Listing Courtesy: Keller Williams ONEChicago - 312-216-2422
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!
Property Features
Basement
- Unfinished
- Partial
Heating Information
- Natural Gas
Water Features
- Public
Based on information submitted to the MLS GRID as of 2025-02-13 00:30:28. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Last Updated: 2025-02-13 00:30:28
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
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11070 S. Western Ave. Suite 7, Chicago, IL 60643Request more details
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