Greenstone Partners, as Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 3201-03 S. May St. (the “Property”), a well-maintained multifamily asset situated in Chicago’s Bridgeport neighborhood.

The Property offers a unit mix comprising two (2) 2 Bed / 1 Bath units, one (1) 3 Bed / 2 Bath Duplex-Down, and one (1) newly constructed 2 Bed / 2 Bath coach house. The units feature moderate rental finishes of stainless steel appliances / tan cabinetry / granite countertops / dishwashers / laundry in-unit. The property also has a favorable expense structure with separately metered electrical service and individual furnaces, placing the majority of utility costs with tenants and ensuring predictable ownership cash flow.

With rents currently positioned below prevailing market rates and starting to generate garage income, the property presents a straightforward value-add thesis executable without capital-intensive renovation—offering investors immediate upside through lease-up to market. The offering is further distinguished by exceptional regional connectivity, with the CTA Orange Line at Ashland Station (0.6 mi) and the Red Line at Sox-35th Street delivering residents to the Loop in under 20 minutes and immediate access to the Dan Ryan (I-90/94) and Stevenson (I-55) expressways.

The offering includes 3201 S. May St., a separately parceled vacant lot zoned RS-3, providing rare and discrete development optionality independent of the income property’s performance.

3201-03 S. May St. represents an opportunity of near-term rental upside, lean operating economics, and embedded land optionality in one of Chicago’s most transit-accessible and historic neighborhoods.