7416 S May Street
Chicago, IL, 60621
$289,000
6 Beds
2 Baths
0 SqFt
0.07 Acres
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$289,000
7416 S May Street
Chicago, IL, 60621
MLS #MRD12541524 image #0MLS #MRD12541524 image #1MLS #MRD12541524 image #2MLS #MRD12541524 image #3MLS #MRD12541524 image #4MLS #MRD12541524 image #5MLS #MRD12541524 image #6MLS #MRD12541524 image #7MLS #MRD12541524 image #8MLS #MRD12541524 image #9MLS #MRD12541524 image #10MLS #MRD12541524 image #11MLS #MRD12541524 image #12MLS #MRD12541524 image #13MLS #MRD12541524 image #14MLS #MRD12541524 image #15MLS #MRD12541524 image #16MLS #MRD12541524 image #17MLS #MRD12541524 image #18MLS #MRD12541524 image #19MLS #MRD12541524 image #20MLS #MRD12541524 image #21MLS #MRD12541524 image #22MLS #MRD12541524 image #23MLS #MRD12541524 image #24MLS #MRD12541524 image #25MLS #MRD12541524 image #26MLS #MRD12541524 image #27MLS #MRD12541524 image #28MLS #MRD12541524 image #29MLS #MRD12541524 image #30MLS #MRD12541524 image #31MLS #MRD12541524 image #32MLS #MRD12541524 image #33MLS #MRD12541524 image #34MLS #MRD12541524 image #35MLS #MRD12541524 image #36MLS #MRD12541524 image #37MLS #MRD12541524 image #38MLS #MRD12541524 image #39MLS #MRD12541524 image #40MLS #MRD12541524 image #41
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!

Property Details

Price:
$289,000
MLS #:
MRD12541524
Status:
Active Under Contract
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
chienglewood
Listed Date:
Jan 7, 2026
Year Built:
1890
Chi – EnglewoodChienglewood

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick

Financial

Tax Year
2024
Taxes
$2,411
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Feb 01, 2026
1,188
Multi Family Listed
96
Avg DOM
$462,905
Avg List Price

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Property Summary

    7416 S May Street Chicago IL is a Multi Family for sale in Chicago, IL, 60621. It is listed for $289,000 To schedule a showing of MLS#mrd12541524 at 7416 S May Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7416 S May Street
Chicago, IL