165 N May Street Chicago, IL ^$ 8,000,000

165 N May Street

^$ 8,000,000

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New Construction

165 N May Street

Chicago, IL, 60607

^$ 8,000,000

Bedrooms-- Baths-- Sq 30,000

Monthly Estimate*

^$ 49,910

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Commercial Property for sale in Chicago, IL

for $8,000,000. This 30,000 square foot building was built in 1930 on a lot size of 0.328283.

Rare Opportunity to acquire sought after Fulton Market / West Loop Redevelopment Site. 107x134 foot lot 14,300 square feet. C1-2 Zoning. Lot contains 30,000 square foot brick construction building with side parking lot. Building structure is a shell building ready for new ideas. Electric and Plumbing to site. Build new construction or renovate existing building. Great for ground level restaurant with apartments or condo units above. Parking generates rental income. Hottest location in the Country, being in walking distance to Randolph St Restaurant Row and Fulton Market corridor, shopping, bars, lifestyle.

Commercial Active

Price

^$ 8,000,000

Property Type

Commercial

Taxes

^$ 53,520

Style

Lot Size

0.328283

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12422691

Features

General

Cooling Central Air

Utilities Electricity Available Natural Gas Available Water Available

Possession Closing

Zoning COMMR

Construction Materials Brick Concrete

Year Built 1930

Electric Circuit Breakers

Stories Count 4

Township West Chicago

Property Subtype Warehouse

Tax Year 2023

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Possible Use Commercial Multi-Family

Status Active

Directions Randolph St or Lake St North or South to May St.

City Chicago

MLS Area CHI - Near West Side

Lot Size Square Feet 14300

Tax Annual Amount 53520.86

Additional Parcels Y/N Y

Leasable Area 0

Standard Status Active

Interior

Flooring Other

Exterior

Water Source Municipal Water

Foundation Details Concrete Perimeter

Building Area Total 30000

Lot Dimensions 107X134

* Excluded Features

List By

Baird & Warner

Broker

PeterF@dreamtown.com

Affordability Calculator

$54,370

Per Month

Monthly Principal & Interest: $49,910
Monthly Property Taxes: $4,460
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$987,651

Percent of Sale Price 88%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2025	$8,000,000		Listed Price

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165 N May Street, Chicago, IL, 60607 is a Commercial Property for sale at $8,000,000 with 30,000 sqft and a lot size of 0.328283. 165 N May Street was built in 1930. The property's zip code is 60607 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/8/2025.

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165 N May Street

Commercial Property for sale in Chicago, IL

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