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520 May st
Chicago, IL 60642
Multifamily Property For Sale · 4 Units

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Executive Summary

Take advantage of this development opportunity with this River West, Downtown, West Loop/Fulton Market, & Hot East Grand Ave Property! Zoned RM5! Build your own brand new condo building or generous income making property! Possibly to assemble property next door for a Great Income Development! Fine examples all around. 4 Unit building currently rented out with very profitable income. Owner had plans for development and now has other plans. Call for details.

Property Facts

Price Per Unit $718,615 CAD
Sale Type Investment
Cap Rate 4.57%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 96,000 SF
No. Stories 3
Year Built/Renovated 1900/2020
Zoning RM-5 - Zoned multi family development for 5 units

Property Taxes

Property Taxes

Parcel Number
17-08-237-023-0000
Land Assessment
$28,390 CAD
Improvements Assessment
$85,188 CAD
Total Assessment
$113,578 CAD
  • Listing ID: 28296859

  • Date on Market: 2023-04-22

  • Last Updated:

  • Address: 520 May st, Chicago, IL 60642

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