7823 S May Street, Chicago, IL 60620

$140,000 Asking Price

4 beds
1,517  sqft
Built in 1914

This single-family home is and feels much larger than it appears to be, it offers tons of equity potential for a buyer with vision. This home features 4 bedrooms, two baths sprawled over two stories of living space, this home was being used as a non-conforming two unit with a second kitchen on the second level. You can keep as a non-conforming two unit or renovate and convert back to a true single family, either way this is a win-win situation. The home needs updates, the electric is more than half done, the furnace and A/C are new. It needs a lot of work but it's priced accordingly. This is a great opportunity to make a great investment. Do not overlook this incredible opportunity to invest and get equity right away in this thriving community.

Features & Amenities

Interior

Rooms:
No additional rooms
Basement:
Full
A/C:
Central Air
Heating:
Natural Gas
Disability Feature:
None

Exterior

General:
Vinyl Siding
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
20294250070000

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple

This listing courtesy of:
Realty of America, LLC, Mayra Perez

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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