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7806 S May Street, Chicago, IL 60620
$415,000
7806 S May Street, Chicago, IL 60620View this property at 7806 S May Street, Chicago, IL 60620
7806 S May StreetChicagoIL60620
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Property Description
Here's an enticing opportunity for investors or buyers with a keen eye for potential-a meticulously renovated in 2022 a unique "three (3)-unit building" that has been transformed into a versatile multi-unit property. This carefully crafted transformation boasts new electrical and plumbing systems throughout, updated flooring, doors, and kitchen cabinets, granite counter tops, updated bathrooms, ensuring a modern and comfortable living experience for each tenant. Each tenant pays their own utilities. New furnace and central air for the entire building. The basement (indicated as 1st. floor) unit has been ingeniously converted into a spacious three-bedroom apartment, offering ample space and comfort for its occupants. With attention to detail and quality craftsmanship, this lower-level dwelling provides a desirable living option for tenants seeking affordability without compromising on quality. This multi-unit building host a total of 11 bedrooms and 6 bathrooms in the entire building, there's ample accommodation for residents seeking a spacious and well-appointed living environment. Whether it's for extended family living arrangements or rental income potential, this property offers flexibility and opportunity for its occupants.The BONUS ATTIC, 4TH LEVEL, is designed as a bonus living quarter for related living, currently it's owner-occupied, presents a flexible opportunity for extended family living or additional rental income. The "Bonus Attic" unit has a spa like bathroom, with high-end tile, mirror, flooring etc. With its well-appointed layout and modern amenities, this space is poised to cater to the needs of various occupants, enhancing the property's income-generating potential. Outside, a spacious backyard awaits, providing a private retreat for family enjoyment and relaxation. The thoughtful design extends to the laundry area, where each tenant benefits from their dedicated washer and dryer, ensuring convenience and privacy for all residents. This renovated three-unit building, offers a unique opportunity for investors and buyers alike. With its, flexible living spaces, and income-generating potential, this property is primed to become a valuable asset in any investment portfolio. Don't miss out on the chance to explore the possibilities of this exceptional opportunity.
Full Property Details
Full Property Details for 7806 S May St
General
- Sold For: $415,000
- Taxes: $3,085 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11978087
- Added to Site: 104 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 11
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
- Garage Description: Garage Door Opener(s)
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: Take 76th St to May St. Go South on May St and proceed to the address.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Exterior Const.: Vinyl Siding, Frame
- Basement Desc.: Full
- Roof: Asphalt
- Year Built: 1910
- Built Before 1978: Yes
- Remodeled/Updated: 2021
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 123
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $3,085.27
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Property ID: 20294240160000
Listed by Baird & Warner
Sold by Re/Max 10
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Schools
Schools serving 7806 S May St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
7424 S Morgan St, Chicago, IL 60621 | PK-8 | 0.5 mi | |
3939 W 79th St, Chicago, IL 60652 | 9-12 | 3.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7806 S May St
Date
Details
Price
Change
Source
5/09/2024
Sold
$415,000
-4.6%
MLS
2/09/2024
Listed
$435,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7806 S May Street, Chicago, IL 60620 (MLS# 11978087) is a Multi-Family property that was sold at $415,000 on May 09, 2024. Want to learn more about 7806 S May Street? Do you have questions about finding other Multi-Family real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.