Seller's Agent in 2022
Karen Biazar
North Clybourn Group, Inc.
(773) 610-8877
75 in this area
877 Total Sales
819 N May St Chicago, IL 60642
West Town Neighborhood
6
Beds
6
Baths
--
Sq Ft
--
Built
Highlights
- Deck
- 1-minute walk to Chicago Avenue Station (Blue Line)
- Patio
- Property is near a park
- Community Pool
- Forced Air Heating System
About This Home
As of May 2022Ideally 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!
Last Agent to Sell the Property
North Clybourn Group, Inc. License #471003309 Listed on: 03/03/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,681
Lot Details
- Lot Dimensions are 25x100
- Paved or Partially Paved Lot
Home Design
- Asphalt Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 6 Bathrooms
Parking
- 3 Parking Spaces
- Alley Access
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
Outdoor Features
- Deck
- Patio
Location
- Property is near a park
Schools
- Ogden Ave Elementary School
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Multiple Water Heaters
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 3 Units
Recreation
- Community Pool
Building Details
- Insurance Expense $2,059
- Water Sewer Expense $1,178
- Gross Income $83,700
- Net Operating Income $68,782
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2022 05/02/22 | Sold | $912,500 | -3.8% | -- |
| 03/08/2022 03/08/22 | Pending | -- | -- | -- |
| 03/03/2022 03/03/22 | For Sale | $949,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Karen Biazar
-
Timmy Gens
Seller Co-Listing Agent in 2022
Timmy Gens
North Clybourn Group, Inc.
(312) 961-4494
5 in this area
24 Total Sales
-
Damone Richardson
Buyer's Agent in 2022
Damone Richardson
Compass
(917) 686-8481
3 in this area
89 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11338182
APN: 17-05-417-006-0000
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