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
$296,000
- 6 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: carlos matos
Office: core realty & investments inc.
MLS#:12541524
Source:MLSNI
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Price summary
- Price:$296,000
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 demand and rental premiums. Conveniently located near public transportation, schools, parks, shopping, dining, and major expressways. LOW TAXES (no property exemptions being claimed). SELLER FINANCING AVAILABLE!
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Home facts
- Year built:1890
- Listing ID #:12541524
- Added:47 day(s) ago
- Updated:February 24, 2026 at 07:40 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1890
Utilities
- Water:Lake Michigan
Finances and disclosures
- Price:$296,000
- Tax amount:$2,411 (2024)
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