Closed

$289,000

7416 May Street, Chicago, IL 60621
6 Beds2 Baths6 days
7416 May Street·Chicago, IL 60621
6Bedrooms
2Bathrooms
1890Year Built
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!

MLS# 12541524Listed January 7, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms13

Size & Structure

Year Built1890
Lot Size0.070 acres

Location

CountyCook
TownshipLake
Zip Code60621

Financial

List Price$289,000
Annual Taxes (2024)$2,411
Monthly Tax Est.$201
Parcel #20292240250000
Interior Features

Heating

Natural Gas

Basement

Crawl Space
Exterior & Lot

Construction

Brick

Foundation

Other
Utilities & Parking

Sewer

Other

Water Source

Lake Michigan
Tax & Financial
Annual Taxes
$2,411
Tax Year 2024
Monthly Tax Est.
$201
per month
Property Location

7416 May Street, Chicago, IL 60621 — Cook County

$289,000
7416 May Street
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
0.070 acres
$2,411/yr taxes
$1,720
estimated monthly payment
Principal & Interest
$1,519/mo
Property Tax
$201/mo
$289,000
20% — $57,800
3%50%
6.875%
3%12%
Loan Amount
$231,200
Down Payment
$57,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Core Realty & Investments Inc.
Agent: Carlos Matos
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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