819 May Street, West Town, Chicago, Illinois 60642
$912,500
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $11,681 |
| Days On Market: | 1698 |
| Lot Size: | 0,00 |
Description
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!
Property Specifics
| Multi-unit | |
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| Vinyl Siding, Brick, Frame | |
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| No | |
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| Cook | |
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| 11338182 | |
| 17054170060000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Ogden Ave Elementary School |
102 | — | |
|
High School
Wells Community Academy Senior H |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 2 May, 2022 | Sold | $912,500 | MRED MLS |
| 8 Mar, 2022 | Under contract | $949,000 | MRED MLS |
| 3 Mar, 2022 | Listed for sale | $949,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Other Specifics
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| Space/s | |
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| 25X100 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $11,681 |
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Listing Provided By
North Clybourn Group, Inc.
