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

Studio Baths0.0

Monthly Estimate*

^$ 49,910

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Studio

Lots and Land for sale in Chicago, IL

for $8,000,000.

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.

Lots and Land Active

Price

^$ 8,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 53,520

Style

Commercial

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12422695

Features

General

Heating Natural Gas Forced Air

Utilities Electricity Available Natural Gas Available Sewer Connected Water Available

Possession Closing

Zoning COMMR

Township West Chicago

Tax Year 2023

Current Use Commercial

Ownership Fee Simple

Additional Parcels Description 17084280200000

County Cook

Property Type Land Land

Other Structures Bldg/s No House

Status Active

Directions Randolph or Lake East West to May St.

City Chicago

High School District 299

MLS Area CHI - Near West Side

Tax Annual Amount 53520.86

Additional Parcels Y/N Y

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None

Laundry Features None

Total Baths 0

Exterior

Parking Features Concrete

Water Source Municipal Water

Total Parking 0

Lot Dimensions 107X134

Road Surface Type Asphalt

Frontage Length 107

Frontage Type City Street

Waterfront Y/N N

* 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

Lots and land listings in Chicago, IL

Average List Price ^$345,301

Percent of Sale Price 96%

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.

566059 Elementary School

566846 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 Lots and Land for sale at $8,000,000. 165 N May Street is a studio with 0.0 baths. 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

Lots and Land for sale in Chicago, IL

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