825 N May Street 1, Chicago, IL 60642

$249,000 Asking Price

2 beds
2 baths
1,000  sqft

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.

Features & Amenities

Interior

General:
Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
Rooms:
No additional rooms
Appliances:
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Dining:
Combined w/ LivRm
Laundry:
In Unit
Basement:
None
A/C:
Central Air
Heating:
Natural Gas, Forced Air
Disability Feature:
None

Exterior

General:
Brick,EIFS (e.g. Dryvit).,Stucco, Patio
Parking:
Assigned, Off Alley, Parking spaces: 1

Construction

Roofing:
Asphalt
General:
Brick/Mortar

Location

HOA Amenities:
Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal, 95.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
17054170251001

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
Keller Williams ONEChicago, Michael Samm

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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