7806 S May Street Chicago, IL 60620
Sold: 415000
/ MLS# 11978087 / Multi Unit - Multiple / Chicago
11 Beds

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.

Read More » Read Less »

Baird & Warner New Client Care Team 312.847.5702

Request Tour

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 1,350.63 per month $966.67 Principal & Interest $257.08 Property Tax $126.88 Homeowner's Insurance
Get your competitive financing options.

Property Details

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Garage: 2
Heating: Natural Gas
Lot Size: 0.08 Acres
Roof Type: Asphalt
Taxes: $3,085
Year Built: 1910
Buyer Represented By: Bryant Triplett , RE/MAX 10
Listing Provided By: Baird & Warner

Feature Descriptions

Exterior: Vinyl Siding, Frame
Lot Dimensions: 30X123
Parcel#: 20294240160000
Sewer: Public Sewer
Total Rooms: 14
Township: Lake
Water: Lake Michigan, Public

Schools

School District: 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Login to my Baird & Warner account

Pixel