$442,000
●
House -
Off Market
312 N May Street #2F
Chicago, IL 60607
1 Bed
1 Bath,
1
Half Bath
1,300 Ft²
$3,355
Est. Monthly
$482
HOA / Fees
1.88%
Cap Rate
About This Property
This generously sized bright 1-bedroom, 1.1-bath condo in the
vibrant heart of Fulton Market offers incredible potential, with
ample space to effortlessly transform it into a stylish 2-bedroom,
2-bath residence. Situated in an elevator building, the unit boasts
an open floor plan that invites endless customization. While the
kitchen and bathrooms have a more traditional style, the loft
boasts stunning timber ceilings that enhance its spacious, open
feel. The unbeatable location places you just steps from
Chicago's finest dining, shopping, nightlife, and more. Take in
breathtaking city views from the expansive rooftop deck, complete
with grills and seating-perfect for entertaining. With easy access
to the Morgan Green Line and Whole Foods. Building is zoned for
both residential and commercial use. This property offers the ideal
home for urban living. Parking is an additional 20K and is in a
secure outdoor gated lot.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$315
Property Type
House
Property Taxes
$859
HOA Dues
$482
Year Built
1952
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
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.
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Permit Required, Parking Lot, Secured, Off Site, Owned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Refrigerator, Washer, Dryer
Laundry Features: In Unit
Rooms: 4
Basement: None
Exterior Details
Square Footage: 1300
Square Footage Source: $0
Year Built: 1918
Construction Materials: Brick
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $10,313
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Security, Maintenance Grounds, Snow Removal, Exterior Maintenance, Scavenger
HOA Fee: $482
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/22/2026
|
2 Bed
|
2 Bath
|
1600 ft²
|
$725,000
2 Bed
2 Bath
1600 ft²
|
-
-
|
Laura Meier
@properties Christie's International Real Estate
| |
|
03/19/2026
|
2 Bed
|
2 Bath
|
1541 ft²
|
$500,000
2 Bed
2 Bath
1541 ft²
|
$495,000
-1.00%
04/28/2026
|
David Nimick
Keller Williams ONEChicago
| |
|
11/07/2025
|
2 Bed
|
2 Bath
|
1600 ft²
|
$549,900
2 Bed
2 Bath
1600 ft²
|
$530,000
-3.62%
02/23/2026
|
Michael McCarty, ABR,CNC,SFR
@properties Christie's International Real Estate
| |
|
06/07/2025
|
3 Bed
|
2 Bath
|
3346 ft²
|
$875,000
3 Bed
2 Bath
3346 ft²
|
$835,000
-4.57%
08/11/2025
|
Lindsay Guhl
@properties Christie's International Real Estate
| |
|
02/28/2025
|
1 Bed
|
2 Bath
|
1541 ft²
|
$680,000
1 Bed
2 Bath
1541 ft²
|
$680,000
03/31/2025
|
Lauren Mitrick Wood
Compass
| |
|
02/18/2025
|
1 Bed
|
1 Bath
|
1300 ft²
|
$410,000
1 Bed
1 Bath
1300 ft²
|
$442,000
+7.80%
04/25/2025
|
Marilyn Knaus
@properties Christie's International Real Estate
| |
|
06/28/2024
|
3 Bed
|
3 Bath
|
3000 ft²
|
$1,525,000
3 Bed
3 Bath
3000 ft²
|
-
-
|
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
| |
|
03/27/2024
|
2 Bed
|
2 Bath
|
1500 ft²
|
$519,900
2 Bed
2 Bath
1500 ft²
|
-
-
|
Jacqueline Colando
Redfin Corporation
| |
|
04/24/2024
|
1 Bed
|
2 Bath
|
1541 ft²
|
$685,000
1 Bed
2 Bath
1541 ft²
|
-
-
|
Lauren Mitrick Wood
Compass
| |
|
03/19/2024
|
2 Bed
|
2 Bath
|
1750 ft²
|
$724,000
2 Bed
2 Bath
1750 ft²
|
$749,000
+3.45%
05/03/2024
|
Nathan Binkley
Compass
| |
|
02/13/2024
|
2 Bed
|
2 Bath
|
1545 ft²
|
$499,900
2 Bed
2 Bath
1545 ft²
|
$490,000
-1.98%
04/30/2024
|
Zachary Koran
eXp Realty, LLC
| |
|
06/19/2023
|
2 Bed
|
2 Bath
|
1541 ft²
|
$725,000
2 Bed
2 Bath
1541 ft²
|
-
-
|
Lauren Mitrick Wood
Compass
| |
|
01/23/2023
|
Loft
|
-
|
149740 ft²
|
$549,888
Loft
-
149740 ft²
|
-
-
|
David Mishel
Compass
| |
|
04/06/2023
|
2 Bed
|
2 Bath
|
1500 ft²
|
$499,900
2 Bed
2 Bath
1500 ft²
|
-
-
|
Jacqueline Colando
Redfin Corporation
| |
|
02/23/2023
|
Studio
|
-
|
-
|
$805,000
Studio
-
|
$685,000
-14.91%
09/29/2023
|
Scott Maesel
Sperry Van Ness
| |
|
01/24/2023
|
2 Bed
|
2 Bath
|
1550 ft²
|
$499,000
2 Bed
2 Bath
1550 ft²
|
-
-
|
Carolyn Anavi
Compass
| |
|
06/23/2022
|
2 Bed
|
2 Bath
|
-
|
$475,000
2 Bed
2 Bath
|
$410,000
-13.68%
12/05/2022
|
Brad Feinsmith
d'aprile properties
| |
|
05/26/2022
|
2 Bed
|
2 Bath
|
1541 ft²
|
$475,000
2 Bed
2 Bath
1541 ft²
|
-
-
|
David Nimick
Keller Williams ONEChicago
| |
|
12/01/2021
|
2 Bed
|
2 Bath
|
1380 ft²
|
$535,000
2 Bed
2 Bath
1380 ft²
|
-
-
|
Adele Lang
Compass
| |
|
04/08/2022
|
2 Bed
|
3 Bath
|
3400 ft²
|
$1,199,000
2 Bed
3 Bath
3400 ft²
|
-
-
|
Vanessa Carlson
iRealty Flat Fee Brokerage
| |
|
03/10/2022
|
1 Bed
|
2 Bath
|
1541 ft²
|
$489,000
1 Bed
2 Bath
1541 ft²
|
$489,000
06/09/2022
|
Joanne Nemerovski
Compass
| |
|
02/24/2022
|
2 Bed
|
2 Bath
|
1600 ft²
|
$525,000
2 Bed
2 Bath
1600 ft²
|
$545,771
+3.96%
03/28/2022
|
Sarah Africk
@properties Christie's International Real Estate
| |
|
10/02/2021
|
2 Bed
|
3 Bath
|
3400 ft²
|
$1,300,000
2 Bed
3 Bath
3400 ft²
|
-
-
|
Vanessa Carlson
iRealty Flat Fee Brokerage
| |
|
04/13/2021
|
2 Bed
|
2 Bath
|
1600 ft²
|
$699,000
2 Bed
2 Bath
1600 ft²
|
$702,000
+0.43%
08/10/2021
|
Vincent Anzalone
| |
|
01/11/2021
|
4 Bed
|
5 Bath
|
5000 ft²
|
$1,970,000
4 Bed
5 Bath
5000 ft²
|
$1,850,000
-6.09%
09/16/2021
|
Jeffrey Proctor
@properties Christie's International Real Estate
| |
|
09/15/2020
|
Loft
|
-
|
-
|
$799,000
Loft
-
|
-
-
|
Sherri Hoke
Jameson Sotheby's Int'l Realty
| |
|
05/31/2019
|
2 Bed
|
2 Bath
|
1550 ft²
|
$474,900
2 Bed
2 Bath
1550 ft²
|
$445,000
-6.30%
09/18/2019
|
Jacqueline Colando
| |
|
02/15/2019
|
2 Bed
|
2 Bath
|
1500 ft²
|
$532,000
2 Bed
2 Bath
1500 ft²
|
-
-
|
-
| |
|
04/10/2017
|
3 Bed
|
3 Bath
|
-
|
$1,225,000
3 Bed
3 Bath
|
$1,075,000
-12.24%
06/01/2017
|
Mark Icuss
Compass
| |
|
03/15/2017
|
2 Bed
|
2 Bath
|
1545 ft²
|
$475,000
2 Bed
2 Bath
1545 ft²
|
$475,000
05/03/2017
|
J Maggio
@properties Christie's International Real Estate
| |
|
03/10/2017
|
2 Bed
|
2 Bath
|
1660 ft²
|
$424,900
2 Bed
2 Bath
1660 ft²
|
$489,000
+15.09%
05/03/2017
|
Jacqueline Colando
Redfin Corporation
| |
|
02/14/2017
|
2 Bed
|
2 Bath
|
1500 ft²
|
$489,900
2 Bed
2 Bath
1500 ft²
|
$475,000
-3.04%
03/20/2017
|
Collin Walker
Chicagoland Property Group LLC
| |
|
04/02/2014
|
2 Bed
|
2 Bath
|
1660 ft²
|
$344,900
2 Bed
2 Bath
1660 ft²
|
$352,500
+2.20%
06/30/2014
|
Kyle K Chang, ABR,GRI,SRS
C&C Realty Group, Inc.
| |
|
10/28/2013
|
Loft
|
-
|
-
|
$260,000
Loft
-
|
$260,000
12/20/2013
|
Patricia McGuire
@properties Commercial
| |
|
01/22/2008
|
1 Bed
|
2 Bath
|
1300 ft²
|
$319,900
1 Bed
2 Bath
1300 ft²
|
$307,500
-3.88%
03/26/2008
|
Anne Rodia, GRI
@properties Christie's International Real Estate
| |
|
01/09/2008
|
1 Bed
|
1 Bath
|
1600 ft²
|
$334,900
1 Bed
1 Bath
1600 ft²
|
$328,000
-2.06%
06/03/2008
|
Amanda Sharp
@properties
| |
|
02/26/2007
|
2 Bed
|
2 Bath
|
1700 ft²
|
$359,000
2 Bed
2 Bath
1700 ft²
|
$350,000
-2.51%
04/26/2007
|
JoEllen Oster
Kale Realty
| |
|
02/23/2007
|
2 Bed
|
1 Bath
|
-
|
$379,000
2 Bed
1 Bath
|
$375,000
-1.06%
05/23/2007
|
Ruby May
Prudential Rubloff
|
Building Info
312 North May Street
312 North May Street, Chicago, IL 60607
- 1 Unit for Sale
About West Side
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marilyn Knaus, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12289655
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.
Data Source: MRED, MLS# MRD12289655
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