819 N May St., Chicago, IL 60642

819 N May St., Chicago, IL 60642
Photo 1 of 1
$912,500
Sold on 5/02/22
Beds Baths Sq. Ft. Taxes Built
6 0.00 0 $11,681
On the market: 59 days
View full details, 15 photos, school info, and price history
Ideally located and impeccably maintained! True, legal 3 flat in hot River West! Strong financial moneymaker with pro-forma 7.25% CAP rate and Net Operating Income of $68,782! Super easy-to-rent units make this the perfect investment or owner-occupy and rent opportunity! All 3 units are 2 bedroom, 2 full baths with everything tenants are looking for! Large bedrooms, Central heat and air conditioning, in-unit washer/dryers, private outdoor spaces, parking, all in an ultra-convenient location! Owner occupies 3rd floor unit, with vaulted ceilings and skylights - beautiful! Pride of ownership throughout the property is evident! All apartments are in excellent condition and appeal with opportunity to tweak finishes and collect more rent, although not needed. Smart, workable floorplans! Primary bedroom with en-suite bath with a second quasi en-suite bedroom/bath via jack-and jill setup, perfect for privacy and shareability! Open floorplans with functional kitchen layouts with eat-in breakfast bars. Ideal location, steps to the Blue-line (underground Chicago stop) and easy-on interstate access. This location and unit floorplans would command incredible air-bnb income! Brand new UrbanMarket grocery across the street - so nice! Area has incredible neighborhood eateries such as Windy City Cafe diner-style with the city's best breakfast! Top-rated Ogden school district!
Listing courtesy of Karen Biazar, North Clybourn Group, Inc.