Renovated 14-Unit Apartment
For Sale
Contact for pricing
Pending
608-12 N May St, Chicago, IL 60642
Three-building multifamily asset with updated interiors, modern kitchens, garage parking, and full occupancy.
Property SizeContact for details
Days on Market141
Property Features for 608-12 N May St
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
1 x 3bd/3ba, 2 x 3bd/2ba, 2 x 3bd/1ba, 3 x 2bd/2ba, 6 x 2bd/1ba
Multifamily Units
14
Additional Details
Cap Rate
5.63%
Public Transit
Yes
Building Details
Buildings
3
Listing Agency:
Kiser Group
(773) 293-5032
Listed By:
Aaron Sklar · License #IL 475161507
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group
Investment Insights
Based on property information with market context.
This multifamily property comprises three renovated buildings containing 14 apartments at 608-612 N. May St. in Chicago. The unit mix includes one 3-bedroom/3-bath residence, two 3-bedroom/2-bath units, two 3-bedroom/1-bath units, three 2-bedroom/2-bath units, and six 2-bedroom/1-bath units. Interior improvements include open kitchen layouts, granite countertops, stainless steel appliances, and updated bathroom tile. The buildings are currently 100% occupied, and garage parking generates additional income.
The property is located in Chicago’s West Town neighborhood, approximately one block from the Chicago Blue Line station and roughly half a mile from Fulton Market. The transit connection provides access to downtown Chicago and O’Hare International Airport. The property has an in-place cap rate of 5.63% and a cash-on-cash return of nearly 6.5%.
The property is located in Chicago’s West Town neighborhood, approximately one block from the Chicago Blue Line station and roughly half a mile from Fulton Market. The transit connection provides access to downtown Chicago and O’Hare International Airport. The property has an in-place cap rate of 5.63% and a cash-on-cash return of nearly 6.5%.
Key Highlights
- Three renovated buildings with 14 total apartment units
- Unit mix includes 3‑bedroom and 2‑bedroom apartments with multiple bath configurations
- Open kitchens feature granite countertops and stainless steel appliances
Property Analytics
Current Use
Lease Details
14
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
5,411
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-building multifamily asset with updated interiors, modern kitchens, garage parking, and full occupancy.
Where is this apartment building located?
The property is located at 608-12 N May St Chicago, IL.
What are key features of this property?
This property features: Three renovated buildings with 14 total apartment units; Unit mix includes 3‑bedroom and 2‑bedroom apartments with multiple bath configurations; Open kitchens feature granite countertops and stainless steel appliances
