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520 May st
Chicago, IL 60642
Multifamily Property For Sale
·
4 Units
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 | $525,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.57% | Lot Size | 0.06 AC |
| No. Units | 4 | Building Size | 96,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2020 |
| Zoning | RM-5 - Zoned multi family development for 5 units | ||
| Price Per Unit | $525,000 |
| 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
| Parcel Number | 17-08-237-023-0000 | Improvements Assessment | $62,236 |
| Land Assessment | $20,741 | Total Assessment | $82,977 |
Property Taxes
Parcel Number
17-08-237-023-0000
Land Assessment
$20,741
Improvements Assessment
$62,236
Total Assessment
$82,977
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