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All-Brick 4-Unit Quadplex
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3112 S May Street, Chicago, IL 60608

Fully leased residential income property with central HVAC, garage parking, and shared basement laundry.

Property SizeContact for details
Days on Market106

Property Features for 3112 S May Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units 4

Amenities

central heating and air conditioning
in-unit washer/dryer
shared laundry

Building Details

Year Built 1880
Buildings 1
Construction brick
Listing Agency: Fulton Grace Realty
Listed By: Matthew Engle · License #475212311
Source: Crexi
Added: May 19 Changed: Aug 30 Last Checked: Aug 31 at 8:26AM

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 Fulton Grace Realty

Investment Insights

Based on property information with market context.

This legal quadplex is an all-brick residential income property built in 1880 and currently fully leased. The four-unit layout includes a duplex-up 3-bedroom, 2-bath residence, two 2-bedroom, 1-bath apartments, and one additional unit. Central heating and air conditioning serve every apartment. The property also includes a 2-car garage, one in-unit washer/dryer, and shared basement laundry for the other residences.

Capital improvements include new water service installed in 2022, furnace replacements completed in 2021, 2022, and 2023, two AC condenser replacements completed in 2022 and 2023, a basement washer/dryer added in 2021, and a roof replacement completed around 2018. The duplex-up unit was fully renovated in 2022 using architectural plans and permits through a 203k renovation loan.

The property is located near the CTA Orange Line, I-90/94, I-55, Palmisano Park, and McGuane Park, with coffee, grocery, shopping, dining, retail, and arts options nearby.

Key Highlights

  • Fully leased legal 4‑unit all‑brick quadplex built in 1880
  • Unit mix includes a 3 bed, 2 bath duplex‑up plus three additional residences
  • 2‑car garage, one in‑unit washer/dryer, and shared basement laundry

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,537
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased residential income property with central HVAC, garage parking, and shared basement laundry.
Where is this quadplex located?
The property is located at 3112 S May Street Chicago, IL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Fully leased legal 4‑unit all‑brick quadplex built in 1880; Unit mix includes a 3 bed, 2 bath duplex‑up plus three additional residences; 2‑car garage, one in‑unit washer/dryer, and shared basement laundry
(773) 698-6648 Call to check price and availability
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