7806 S May St

Chicago, IL 60620

$415,000
Last Sold Price
11
Beds
4,335 Sq. Ft.
$96 / Sq. Ft.
4,335
Sq. Ft.
$96
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 5/9/24
Closed 5/9/24
a front view of a house with a balcony
a view of a dining room with furniture window and wooden floor
a kitchen with stainless steel appliances granite countertop a sink and cabinets
a bathroom with a sink toilet and shower
a view of hallway with wooden floor
a view of a hallway with wooden floor and entryway
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
wooden floor in an empty room with a window
a view of an empty room with a window
wooden floor in an empty room with a window
a view of an empty room with wooden floor and a window
an empty room with wooden floor chandelier fan and windows
a white toilet sitting next to a bath tub
a bathroom with a sink and a toilet
a kitchen with stainless steel appliances granite countertop a stove top oven a sink dishwasher and white cabinets with wooden floor
a bathroom with a sink toilet and shower
a bathroom with a shower
a utility room with dryer and washer
a utility room with dryer and washer
a view of a backyard with potted plants

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....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.
  1. Listed by DJ Peoples • Baird & Warner
    P: (312)-414-3351 C: (708)-321-0754 dj.peoples@bairdwarner.com

Sold By RE/MAX 10

Property Details for 7806 South May Street

Area
CHI - Auburn Gresham
Township
Lake
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas
Zoning
MULTI
LISTING UPDATED: 05/10/2024 11:56 AM

Property Details for 7806 South May Street

StatusClosed
MLS #11978087
Days on Market21
Taxes$3,085 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1910
Lot Size0.08 AC / 3,484 SF
CountyCook County
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Location

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Building Information for 7806 South May Street

Stories-Residences3Year Built1910Building Size-Lot Size0.08 AC / 3,484 SF

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$2,347 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,090

Property Taxes

$257

HOA Dues

$0

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Property Information for 7806 South May Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms Total: 11
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 11
  • Basement Description: Finished, Other
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2021
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30X123
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 7800
  • East Coordinate: 0
  • West Coordinate: 1132
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 1
  • Document Date: 2024-03-01T16:39:16
  • Photos Count: 20
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,260.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 00/00
Unit 2
  • Unit Type Actual Rent: $1,325.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 00/00
Unit 3
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 00/00

Property History for 7806 South May Street

DateEvent & SourcePriceAppreciation
May 9, 2024

Sold (Public Record)

Public Record #1533664136

$415,000—
May 9, 2024

Sold

MRED #11978087

$415,000—
Feb 29, 2024

Pending

MRED #11978087

—
DateEvent & SourcePrice
05/09/2024

Sold (Public Record)

Public Record #1533664136

$415,000
05/09/2024

Sold

MRED #11978087

$415,000
02/29/2024

Pending

MRED #11978087

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7806 South May Street

Taxable ValueLand$1,860Additions$16,140Total$18,000
Tax Record2023$3,165 ($264 / month)
Home Facts
Baths2.5Total Finished SqFt2,432 SqFtAbove Grade Finished SqFt2,432 SqFtStories2Lot Size3,720 SqFtStyleMulti-Family Res (5+ Units)Year Built1908CountyCOOKAPN20-29-424-016Fireplace TypeHas Fireplace

Schools near 7806 South May Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Stagg Elementary School
Public - PK to 8
Bogan High School
Public - 9 to 12
Jefferson Alt High School
Public - 6 to 12
York Alternative High School
Public - 9 to 12
Rating
School
Distance
Stagg Elementary School
PublicPK to 8

Bogan High School
Public9 to 12

Jefferson Alt High School
Public6 to 12

York Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/10/2024 11:56 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.