8100 S May St, Chicago, IL 60620 For Sale

Kiser Group is pleased to exclusively present for purchase 8100 S. May, a well-maintained six (6) unit building located on a quiet, residential block on Chicago's South Side. The property benefits from its convenient location with access to nearby transportation, retail corridors, and neighborhood amenities.

8100 S. May features a desirable unit mix consisting of two (2) 2Bd/1Ba units and four (4) 1Bd/1Ba units, catering to a wide range of tenant demand. Each unit is filled with abundant natural light and has been improved with updated finishes.

The building presents investors with an attractive in-place cap rate of 8.64%, offering strong day-one returns. With continued operational improvements and rent optimization, the asset has the potential to achieve a 10.69% pro forma cap rate. Investors can also benefit from a 12.41% cash-on-cash return in its current condition, with the opportunity to increase returns to 20.61% on a pro forma basis, making 8100 S. May a compelling investment opportunity with both immediate income and significant upside potential.