Property Overview
Interra Realty has been exclusively engaged to market 1925 S. May Street for sale. Located just south of 18th Street in Chicago's famous Pilsen neighborhood, the oûering consists of a recently renovated six (6) unit mixed-use building with an attached two-car parking garage. The property is fully leased and offers new investors the opportunity to acquire a stabilized asset with rental upside in one of Chicago's most sought-after rental markets.
The building features a desirable unit mix of two (2) spacious duplex 3BD/2BA units, two (2) large 2BD/1 BA units, one (1) 1BD/1 BA unit, and one (1) ground floor office space. Property features include upgraded 600 amp electrical service, copper plumbing, a new front facade on street level in addition to new first-floor windows and exterior skylights.
Units at the property have been retroütted with gas-forced air furnaces, air conditioning, individual hot water heaters, dishwashers, and laundry. In-unit cosmetic ünishes include new trim, designer kitchen cabinetry, stainless steel appliances, quartz countertops, engineered hardwood floors, modern LED
bathroom mirrors, new tubs, and shower surrounds
Highlights
- Located one block south of 18th Street shopping, dining and entertainment thoroughfare
- High-end modern rehab to all units with market-leading finishes.
- Fully leased with a diverse and balanced unit mix
- Individual tenants paid utilities