3 days on Rocket
$5,580 Closing Credit¹
#12309873, Joanna Bruno, Listing Office: Listing Leaders Northwest, Inc
$410,000 List price
5700 S May St Chicago, IL 60621
$4,869
Closing credit¹
9 beds
4 baths
House
Property details
About 5700 S May St
Welcome to this well-maintained 4-unit apartment building, a gem nestled in the heart of Englewood, Chicago. This property presents an exceptional investment opportunity with room for value-add, ideal for both seasoned investors and those looking to expand their real estate portfolio. Each unit offers a spacious layout with ample natural light, providing a comfortable and inviting living space for tenants. The interiors are well-kept, featuring functional kitchens, cozy living areas, and generous bedroom sizes. The property has been consistently maintained, ensuring a hassle-free investment experience. Highlights: Well-Maintained: The building has been meticulously cared for, minimizing immediate renovation needs. Value-Add Potential: Opportunities to increase property value through strategic upgrades and modernizations. Spacious Units: Each unit offers a practical and appealing layout, perfect for attracting and retaining tenants. Location: Situated in the vibrant Englewood neighborhood, this property benefits from proximity to local amenities, public transportation, and community development projects. Investment Potential: With the ongoing revitalization efforts in Englewood, this property stands to benefit from future appreciation. The potential for rental income is strong, and with some minor enhancements, the rental rates could be increased, further boosting your return on investment. Additional Features: Secure entryway On-site parking Storage space Common laundry area (optional improvement for added value) Location Perks: Englewood offers a mix of urban convenience and community spirit. Enjoy easy access to shopping centers, dining options, parks, and schools. The neighborhood's connectivity to major highways and public transit makes commuting a breeze for tenants. Don't miss out on this rare opportunity to acquire a solid investment property with promising returns. Schedule a viewing today and envision the potential this Englewood apartment building holds for you!
Highlights
Home typeResidential
HeatingNatural Gas
StatusActive
BasementYes
Year built1903
MLS #12076698
Summary
- MLS Number: 12076698
- MLS Name: MRED
- Office Name: Keller Williams ONEChicago
- Office Phone: (312) 216-2422
- Listing Agent: Vincent Ewing
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Get an agent. Get a mortgage. Save big.¹
$410,000
5700 S May St
$4,869
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 28, 2011 | Home Sold | $16,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $13,999 | $2,879 |
| 2020 | $8,586 | $1,912 |
| 2019 | $9,869 | $1,982 |
| 2018 | $9,869 | $1,949 |
| 2017 | $20,165 | $4,340 |
History based on county public records data.
Nearby schools
6
Brownell Elementary School
Public District PK-6
2.1 mi
•6741 S Michigan Ave
10
Bronzeville Classical Elementary School
Public District KG-4
2.5 mi
•8 W Root St
7
Shields Elementary School
Public District PK-4
2.6 mi
•4250 S Rockwell St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,111. Residents of Chicago, IL typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
60%
<35k
39%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
52%
Single, No Kids
37%
Single, with Kids
5%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
13%
12-17 yrs old
22%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5700 S May St
This home is located at 5700 S May St in Chicago, IL and zip code 60621 in the Englewood neighborhood. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 7, 2024 and is currently priced at $410,000.
While more than 406 listings in Chicago, IL in February 2025 were sold above asking price, there were more than 232 listings sold at asking price, and more than 629 were sold below. Between January and February 2025, Chicago, IL real estate market has seen increase in the number of listings by 16.2%. The median list price of listings available in February 2025 was $369,941, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.