Chicago, IL 60608 3112 S May Street
$899,900



37 more





































Presented By: Fulton Grace Realty
Home Details
Come check out this beautifully maintained, fully rented legal all-brick 4-unit building with a 2-car garage in the heart of Bridgeport! A fantastic opportunity for investors seeking stable cash flow or owner-occupants looking to house hack while offsetting expenses with rental income. The property features a strong unit mix highlighted by Unit 2R, a spacious 3 bed, 2 bath duplex-up currently rented at $2,300/month including one parking space, with tenants paying their own utilities. This unit underwent a full renovation in 2022 utilizing architectural plans and permits through a 203k renovation loan. Unit 2F is a 2 bed, 1 bath rented for $1,725/month including utilities and one parking space. Unit 1R is a 2 bed, 1 bath rented for $1,650/month with tenants paying their own utilities, while Unit 1F is currently rented at $1,235/month including utilities. All four units feature central heating and air conditioning. Unit 2R includes an in-unit washer/dryer, while the remaining three units enjoy access to free shared laundry in the basement. Utility setup includes 5 electrical meters and 4 gas meters, providing flexibility for future expense management and utility restructuring. Major capital improvements provide added peace of mind and reduce future maintenance concerns, including new water service (2022), 3 furnaces replaced in 2021, 2022, and 2023, 2 new AC condensers in 2022 and 2023, basement washer/dryer (2021), Unit 2R washer/dryer (2022), and a roof replacement completed around 2018. Ideally located in sought-after Bridgeport with convenient access to the CTA Orange Line, I-90/94, and I-55 for easy commuting throughout the city. Enjoy nearby green space at Palmisano Park and McGuane Park, along with the neighborhood's growing dining, retail, and arts scene. Convenient coffeeshop, grocery, and shopping options are nearby, making this an attractive location for both tenants and future owner-occupants. Selling "as is." Schedule your showing today!
Presented By: Fulton Grace Realty
Interior Features for 3112 S May Street
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building5
Half Baths Building
Total Baths5
Other Interior Features
BasementUnfinished, Full
Total Number of Units4
General for 3112 S May Street
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsBetween West 31 street and South May Street
Elementary School District299
Garage Spaces2
Gross Income82920
HeatingNatural Gas
High School District299
Insurance Expense3891
MLS AreaCHI - Bridgeport
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofShake
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount12405.64
Tax Year2024
Total Rooms19
TownshipSouth Chicago
Water Sewer Expense1728
Year Built1880
Exterior for 3112 S May Street
Foundation DetailsConcrete Perimeter
Lot Dimensions2976
Lot Size Acres0.06
Other EquipmentCO Detectors, Water Heater-Gas
Parking FeaturesGarage Door Opener, Yes, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan, Public
Waterfront Y/NNo
Additional Details
Price History

SQFT • 2,724