1943 S MAY ST, Chicago, IL 60080
1943 S MAY ST, Chicago, IL 60080
1943 S MAY ST, Chicago, IL 60080
126
$850,000
$850,000
Est.Price: ?

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1943 S MAY ST Chicago, IL 60080

Est. payment /mo
SOLD DATE : 04/29/2022

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Key Details

Sold Price $850,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11338361

Sold Date 04/29/22

Year Built 1889

Annual Tax Amount $8,846

Tax Year 2020

Lot Dimensions 2500

Property Sub-Type Multi Family 5+

Property Description

Former Bakery converted to an income-producing, 6-unit, corner Multi-Family with a coach house, in Pilsen! This unique opportunity features 1 store front (currently on a month-to-month lease) and 5 additional residential apartments. Three 1 bedroom/1 bath units (one in the main building and two in the coach house) plus two options for an owners' unit: One updated 2 bedroom/1 bath lofted apartment with exposed brick, central heat and a/c and a laundry hookup...or One duplex up, 2 bedroom/ 2 bath + family room (possible 3rd bedroom) with it's own hot water heater and in-unit washer/dryer. Each unit has its own heating system and electric meter. There is also an unfinished unit on the top floor, that could be added to the duplex up for more square footage or another unit for income (it has it's own electric meter). Recent improvements to the roof, painting to the common hallways and some windows replaced. Long-term tenants with below market rents - opportunity to increase cash flow (please ask us for pro-forma showing market rate rents). All leases will end in 2022. Conveniently located to the Expressway, Dvorak Park, minutes from Downtown and all the shops and restaurants of 18th street and galleries on Halsted.

Location

State IL

County Cook

Area Chi - Lower West Side

Zoning MULTI

Rooms

Basement Unfinished, Concrete, Storage Space

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Exterior

Utilities Available Sewer Connected

Building

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Scott Curcio of  Baird & Warner 
Bought with Alberto Fernandez of Chicago Turnkey Properties

NEARBY SCHOOLS & BUSINESSES

Scott Curcio
Scott Curcio

Broker License ID: 475142147

+1(773) 357-6558 | scott@scottcurcio.com

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