Chicago, IL 60621,7416 S May ST
Chicago, IL 60621,7416 S May ST
Chicago, IL 60621,7416 S May ST
42
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$289,000
Est. payment /mo
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6 Beds
2 Baths
3,049 Sqft Lot
Active Under Contract

7416 S May ST Chicago, IL 60621

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Michael Di Giovanni

Michael Di Giovanni

+1(773) 583-2274

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12541524

Bedrooms 6

Year Built 1890

Annual Tax Amount $2,411

Tax Year 2024

Lot Size 3,049 Sqft

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

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!

Location

State IL

County Cook

Area Chi - Englewood

Rooms

Basement Crawl Space

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Other

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Carlos Matos of  Core Realty & Investments Inc. 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Lenart Elementary Regional Gifted Center

    Public | PK - 8

  • 10

    McDade Elementary Classical School

    Public | KG - 6

  • 7

    Kellogg Elementary School

    Public | KG - 8

  • 7

    Dixon Elementary School

    Public | PK - 8

  • 6

    Southeast Elementary School

    Public | KG - 6

  • 6

    Northeast Elementary School

    Public | PK - 6

  • 6

    Providence-Englewood Elementary Charter

    Public | KG - 8

  • 6

    Turner-Drew Elementary Language Academy

    Public | KG - 8

  • 5

    Talman Elementary School

    Public | PK - 8

  • 5

    Carson Elementary School

    Public | PK - 8

  • 5

    Christopher Elementary School

    Public | KG - 8

  • 5

    Davis M Magnet Elementary School

    Public | KG - 8

  • 5

    Kershaw Elementary School

    Public | PK - 8

  • 5

    Kipling Elementary School

    Public | KG - 8

  • 5

    Sherwood Elementary School

    Public | PK - 8

  • 5

    Beasley Elementary Magnet Academic Center

    Public | PK - 8

  • 5

    Pirie Fine Arts and Academic Center Elementary School

    Public | KG - 6

  • 5

    Burnside Elementary Scholastic Academy

    Public | PK - 8

  • 4

    Catalyst Charter - Maria Elementary School

    Public | KG - 12

  • 4

    Vanderpoel Elementary Magnet School

    Public | KG - 8

Middle Schools 2
  • 9

    Lindblom Math & Science Academy High School

    Public | 7 - 12

  • 0

    Banner Therapeutic Day School

    Private | 7 - 12

High Schools 19
  • 6

    Harlan Community Academy High School

    Public | 9 - 12

  • 5

    Richards Career Academy High School

    Public | 9 - 12

  • 5

    Simeon Career Academy High School

    Public | 9 - 12

  • 4

    Urban Preparatory Charter Academy Englewood High School

    Public | 9 - 12

  • 2

    Team Englewood Community Academy High School

    Public | 9 - 12

  • 1

    Gage Park High School

    Public | 9 - 12

  • 1

    Harper High School

    Public | 9 - 12

  • 1

    Hope College Preparatory High School

    Public | 9 - 12

  • 1

    Robeson High School

    Public | 9 - 12

  • 1

    Ace Technical Charter High School

    Public | 9 - 12

  • 0

    Southside Occupational Academy High School

    Public | 12 - 12

  • 0

    Peace and Education Coalition High School

    Public | 10 - 12

  • 0

    Prologue - Johnston Fine Arts High School

    Public | 9 - 12

  • 0

    Excel Academy - Englewood High School

    Public | 9 - 12

  • 0

    Leo Catholic High School

    Private | 9 - 12

  • 0

    Pnuema Institute

    Private | 9 - 12

  • 0

    Banner Academy South

    Private | 9 - 12

  • 0

    Hunter-Bolden Academy

    Private | 12 - 12

  • 0

    Dyett High School

    Public | 12 - 12

School and business data provided by Attom Data.

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Michael Di Giovanni

Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

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7416 S May ST