$365,000
●
House -
Off Market
902 S May Street #D
Chicago, IL 60607
3 Beds
2 Baths,
1
Half Bath
1,815 Ft²
$527,822
RealtyHop Estimate
31.99%
Since Aug 1, 2008
IL-Chicago
Primary Model
About This Property
This is the best designed floor plan and interior corner town home
location in Garden Court! Bright south west sunlit exposure;
Beautifully remodeled on all 3 levels: New Roof 8/07; Private
Bathroom in Master Bedroom, Hardwood floors in all rooms including
stairway to upper bedrooms, newer kitchen/granite countertops, full
size washer/dryer in laundry room. Open landscaped court yard
off Kitchen; Convenient parking.
Unit Size
1,815 Ft²
Days on Market
-
Land Size
-
Price per sqft
$220
Property Type
House
Property Taxes
$341
HOA Dues
$100
Year Built
1981
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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.
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Off Street, Permit Required, On Site
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Storage
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Flooring Type: Hardwood
Laundry Features: Washer Hookup
Rooms: 7
Basement: Finished, Partial
Exterior Details
Square Footage: 1815
Year Built: 1979
Window Features: Screens
Construction Materials: Brick
Patio and Porch Features: Patio
Lot Size Dimensions: COMMON
Water Source: Public, Lake Michigan
Financial Details
Tax Annual Amount: $4,093
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer, Storm Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $100
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 |
|---|---|---|---|---|---|---|---|
|
11/15/2023
|
3 Bed
|
2.5 Bath
|
1600 ft²
|
$475,000
3 Bed
2.5 Bath
1600 ft²
|
-
-
|
James Mattz
Keller Williams Preferred Rlty
| |
|
08/24/2018
|
3 Bed
|
3 Bath
|
1232 ft²
|
$398,000
3 Bed
3 Bath
1232 ft²
|
-
-
|
-
| |
|
03/20/2017
|
2 Bed
|
2 Bath
|
1232 ft²
|
$345,000
2 Bed
2 Bath
1232 ft²
|
$330,000
-4.35%
06/02/2017
|
David Mishel
Compass
| |
|
02/01/2008
|
3 Bed
|
2 Bath
|
1815 ft²
|
$399,900
3 Bed
2 Bath
1815 ft²
|
$365,000
-8.73%
07/11/2008
|
Bill Altier
Bill Altier
|
Building Info
About West Side
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Listed by: William Altier, Coldwell Banker Realty
Data Source: MRED, MLS# MRD06788884
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# MRD06788884
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