7416 S May Street, Chicago, IL 60621

Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
7416 S May Street,Chicago, IL 60621
$289,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: carlos matos
Office: core realty & investments inc.
MLS#:12541524
Source:MLSNI

Price summary

  • Price:$289,000

About this home

Turnkey, fully renovated brick 2-flat in Chicago's up-and-coming Englewood neighborhood; an excellent value-add and cash-flow opportunity. Rehabbed in 2026, this multi-family asset requires no immediate capital investment and is ready for lease-up or house hacking. Each unit features 3 bedrooms and 1 bath with large primary bedrooms, functional living and dining layouts, and enclosed porches-highly attractive to long-term tenants. Both units boast new kitchens with modern cabinets and stainless steel appliances, updated bathrooms, new laminate flooring, forced-air heating, and central A/C. Major capital improvements include new electrical, plumbing, and HVAC systems, reducing future maintenance risk. Each unit offers separate furnaces and water heaters, allowing for greater rental income. Units are currently vacant, allowing investors to set market rents immediately. The property also includes an enclosed rear porch and a large adjacent lot with a parking pad-added value for tenant

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Home facts

  • Year built:1890
  • Listing ID #:12541524
  • Added:1 day(s) ago
  • Updated:January 08, 2026 at 11:45 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1890
  • Lot area:0.07 Acres

Utilities

  • Water:Lake Michigan

Finances and disclosures

  • Price:$289,000
  • Tax amount:$2,411 (2024)
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