825 N May Street Unit 1
Chicago, IL 60642
- 2 beds
- 2 baths
- 1,000 sqft
- $249 per sqft
- – on site
This 2 bed, 2 bath garden condo in the vibrant River West neighborhood of Chicago is bursting with potential as an investment property or short-term rental opportunity. While it does require a remodeling overhaul, this unit offers an incredible chance to design the perfect space with your own vision with an open floor plan, spacious bedrooms with ample closet space, private outdoor patio, laundry in-unit and central heat/AC. 1 exterior parking space included! Its location is unbeatable, with easy access to the city's public transportation system, putting downtown just minutes away. Additionally, the highly anticipated new casino and riverfront development project is within close reach, which will surely boost the area's appeal and foot traffic. Enjoy the best of River West's restaurants, cafes, and shopping, all while benefiting from low HOA dues and no restrictions on short-term rentals or Airbnb use, making this condo ideal for owner occupancy or investors looking to add value in a prime Chicago neighborhood. This property is being sold AS-IS.
Last checked:
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Last updated Nov 6, 2024
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MLS# 12202934 —
The Building
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:None
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Foundation Details:Brick/Mortar
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Exterior Features:Patio
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Disability Access:No
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Other Equipment:TV-Cable, TV-Rotor, Security System, CO Detectors
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Stories Total:3
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Living Area Source:Estimated
Interior
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Rooms Total:5
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Room Type:No additional rooms
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Interior Features:Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
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Laundry Features:In Unit
Room Dimensions
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Living Area:1000
Location
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Directions:Chicago Avenue to May Street (1130 W) then North to property
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Location:87738
The Property
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Parcel Number:17054170251001
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Property Type:Residential
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Location:A
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Lot Features:Common Grounds
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Lot Size Dimensions:COMMON
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 767-7504
- Office phone:
- (312) 216-2422
Taxes
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Tax Year:2023
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Tax Annual Amount:5503.49
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Appliances
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Appliances:Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Pets Allowed:Cats OK, Dogs OK
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Association Fee:95
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Association Fee Includes:Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Parking Features:Assigned, Off Alley
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Parking Onsite:Yes
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Parking Ownership:Owned
Monthly cost estimate
Asking price
$249,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,333
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| Taxes | $458 |
| Insurance | $68 |
| HOA fees | $95 |
| Utilities | N/A |
| Total | $1,954/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/6/24
Nov 6, 2024
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Listed / Active | MRED | $249,000 |
35% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $13k above asking price on average, but some went as high as $30k over asking price.
