7735 S May Street Chicago, IL $ 240,000
7735 S May Street
$ 240,000
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7735 S May Street

Chicago, IL, 60620
$ 240,000
Bedrooms7 Baths3.0 Sq 2,464

Monthly Estimate*

$ 1,515

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Multi-Family Home for sale in Chicago, IL

for $240,000 with 7 bedrooms and 3 full baths. This 2,464 square foot home was built in 1922.

Owned by the same family for over 30 years, this solid brick 2-flat in Auburn Gresham offers two spacious units plus a finished basement with additional living space. The first-floor unit is occupied by a family member, while the second-floor unit and basement are vacant. Each unit features two generously sized bedrooms plus a third tandem bedroom at the rear, a spacious living room with adjacent dining room, and kitchen with exterior door access. The finished basement includes one bedroom, living room, kitchen, utility room, and a full bathroom providing flexible space for related living or an in-law arrangement. Units can be rent ready with some TLC offering excellent value-add potential. Whether you're an investor looking to increase rental income or an owner-occupant seeking to live in one unit while renting the other, this property presents a great opportunity. The property is part of an estate and is being sold as-is. 24 hour notice for Showings Requests.

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Multi-Family Active

Price

$ 240,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,023

Style

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12706492

Features
General
Sewer Public Sewer
Heating Natural Gas Radiator(s)
Possession Closing
Construction Materials Brick
Year Built 1922
Township Lake
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
Directions 76th St to May St SOUTH to Address
City Chicago
High School District 299
MLS Area CHI - Auburn Gresham
Tax Annual Amount 2023.19
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 7
Total Baths 3
Bedrooms Possible 7
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 30x124
Waterfront Y/N N
Other Equipment Water Heater-Gas
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* Excluded Features
List By
Remax Future

Broker

bobby.redco@gmail.com

Email

Affordability Calculator

$1,684
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,515
Monthly Property Taxes
$169
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/19/2026$240,000 Listed Price

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7735 S May Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $240,000 with 2,464 sqft. 7735 S May Street has 7 bedrooms, 3.0 baths, and was built in 1922. The property's zip code is 60620 which is in Chicago, IL