5700 May Street, Englewood, Chicago, Illinois 60621
$412,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 1903 |
| Property Taxes: | $2,879 |
| Days On Market: | 585 |
| Lot Size: | 0,00 |
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 Specifics
| Multi-unit | |
| — | |
| — | |
| 1903 | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| 12076698 | |
| 20172160020000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 Mar, 2011 | Sold | $16,000 | MRED MLS |
| 9 Feb, 2011 | Under contract | $19,800 | MRED MLS |
| 10 Jan, 2011 | Listed for sale | $19,800 | MRED MLS |
| 24 Mar, 2025 | Sold | $412,000 | MRED MLS |
| 3 Mar, 2025 | Under contract | $410,000 | MRED MLS |
| — | Last price change | $425,000 | MRED MLS |
| 6 Jun, 2024 | Listed for sale | $450,000 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
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| 3,750 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2011 | $3,436 |
| 2025 | $2,879 |
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Listing Provided By
Keller Williams ONEChicago
