Residential Income for Sale: 7806 S May, Chicago, IL 60620 SOLD
11 beds
$415,000
$415,000
7806 S May,
Chicago, IL 60620 SOLD
11 beds
$415,000
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Selling Price: $415,000
Original List Price: $435,000
Sold at 95.4% of list price
Sold Date: 05/09/2024
Type Residential Income
Beds 11
Lot Size 0.08 acres
Year Built 1910
City Chicago
County Cook
School District 299
MLS 11978087
Status Closed
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.
Room Features
Basement Description Finished, Other
Lot & Building Features
Heating Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2022
Water Lake Michigan, Public
Lot Dimensions 30X123 ft
Price History of 7806 May, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $415,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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![]() Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Baird & Warner |