$565,000
●
Condo -
Off Market
26 N May Street #321
Chicago, IL 60607
2 Beds
2 Baths
1,500 Ft²
$635,180
RealtyHop Estimate
15.59%
Since Oct 1, 2021
IL-Chicago
Primary Model
About This Property
Rarely available courtyard facing 2BR/2 Bath condo w/ huge walk-out
terrace in West Loop's coveted Block X development. Preferred open
layout w/ gorgeous stained oak HW floors, cozy gas fireplace &
separate dining area. Tons of natural light thru floor-to-ceiling
windows & tall ceilings. 2 jumbo sets of sliding glass doors lead
out to your private deck for memorable indoor/outdoor entertaining
& views of the lush landscaped gardens. Updated white kitchen
boasts luxurious thick Calacatta quartz counters, 42" cabinets &
Bosch series SS apps w/ vented range hood. Large primary suite
easily holds King bed w/ long organized closet & attached bath w/
7' dual vanity, separate shower & whirlpool tub. 2nd BR is fully
enclosed w/ California Closet. Brand new carpet & entire unit
painted to light gray color. Laundry room w/ new LG SS washer/dryer
& shelving. Attached heated garage & full-size storage room +$25K.
Very secure gated property w/ new camera security system. Prime
walkable location to all West Loop & Fulton Market restaurants,
Whole Foods/Marianos, Blue/Green L trains & parks. Skinner School
District. Don't miss this one!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$366
Property Type
Condo
Property Taxes
$743
HOA Dues
$432
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11148570)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by @properties | $549,500 | |
| Listed by @properties | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Deeded Sold Separately
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Ceilings - 9 Foot, Open Floorplan
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
Rooms: 5
Fireplace Features: Gas Log, Gas Starter
Fireplaces: 1
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 21-25 Years
Rehab Year: 2017
Rebuilt(Y/N): No
Parcel Number: 17084430421076
Property Type: Residential
Year Built: 1999
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Balcony, Deck, Patio, Storms/Screens, End Unit
Lot Features: Common Grounds
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2019
Tax Annual Amount: $8,914
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Sewer-Storm
Location Details
Township: North Chicago
Corporate Limits: Chicago
Directions: MADISON TO MAY GO NORTH. 15 MIN FLASHER ZONE IN FRONT.
County or Parish: Cook
Elementary School District: 299
Elementary School: Skinner Elementary School
Middle Or Junior School District: 299
High School District: 299
Other Details
Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $432
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/15/2022
|
2 Bed
|
2 Bath
|
1500 ft²
|
$470,000
2 Bed
2 Bath
1500 ft²
|
$475,000
+1.06%
06/10/2022
|
Solomon Gaddam
Keller Williams Infinity
| |
|
02/07/2022
|
2 Bed
|
2 Bath
|
-
|
$529,000
2 Bed
2 Bath
|
$550,000
+3.97%
04/08/2022
|
Paul Ragi
@properties Christie's International Real Estate
| |
|
07/08/2021
|
2 Bed
|
2 Bath
|
1500 ft²
|
$549,500
2 Bed
2 Bath
1500 ft²
|
$565,000
+2.82%
09/22/2021
|
Paul Ragi
@properties Christie's International Real Estate
| |
|
04/03/2018
|
2 Bed
|
2 Bath
|
1400 ft²
|
$480,000
2 Bed
2 Bath
1400 ft²
|
-
-
|
-
| |
|
05/31/2017
|
2 Bed
|
2 Bath
|
1425 ft²
|
$495,000
2 Bed
2 Bath
1425 ft²
|
$496,000
+0.20%
08/04/2017
|
Pearce Lashmett
Berkshire Hathaway HomeServices Chicago
| |
|
02/08/2007
|
3 Bed
|
3 Bath
|
2500 ft²
|
$595,000
3 Bed
3 Bath
2500 ft²
|
$570,000
-4.20%
05/01/2007
|
Aaron Galvin
MLS World Realty
|
Building Info
About West Side
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$3,300 /mo
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$2,900 /mo
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Listed by: Paul Ragi, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11148570
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11148570
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