5700 S May Street, Chicago, IL 60621

  • $450,000
  • $450,000
5700 S May Street, Chicago, IL 60621
  • Residential Income
  • Property Type
  • 9
  • Bedrooms
  • 1903
  • Year Built
For Sale
5700 S May Street, Chicago, IL 60621
  • $450,000
  • $450,000

Overview

Property ID: 22045588
  • Residential Income
  • Property Type
  • 9
  • Bedrooms
  • 1903
  • Year Built

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!

  • Address 5700 S May Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60621
  • Country United States

Details

Updated on August 25, 2024 at 8:48 pm
  • Property ID: 22045588
  • Price: $450,000
  • Bedrooms: 9
  • Year Built: 1903
  • Property Type: Residential Income
  • Property Status: For Sale
  • MLS#: MRD12076698
  • Office Name: KELLER WILLIAMS ONECHICAGO
  • Agent Name: Vincent Ewing
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD87738
  • List Agent MLSID: MRD895552
  • List Date: 2024-06-07T18:23:36.000Z
  • Heating: Natural Gas
  • Tax Annual: 2879
  • Tax Year: 2022
  • County: Cook
  • Water Source: Public

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