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About This Home
This 6-bedroom, 3-bathroom residential multi family at 8236 S May Street in Chicago, IL is listed for $299,900. Built in 1927, on a 0.10 acres lot.
Excellent Investment Opportunity in Auburn Gresham. Discover the potential in this solid all-brick 2-unit property located in the Auburn Gresham neighborhood. Each unit offers 3 bedrooms and 1 bathroom with functional layouts, well-maintained, providing a strong foundation for rental income or owner-occupant use.
The property also features a full basement, offering additional possibilities for expansion. Buyers may explore options to duplex down or create additional living space, subject to zoning and city approval. This property is ideal for investors looking to renovate and build equity, or for those seeking a long-term hold opportunity.
With comparable renovated properties in the area reaching values up to $475,000, there is significant upside potential. Conveniently located near local amenities, transportation, and neighborhood developments, this property presents a great opportunity to add value in a growing market. Property is being sold As-Is.
Key Features
- Built in 1927
- 0.10 acre lot
- 2 parking spaces
Property Details
Monthly Cost Estimate
$1,604/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8236 S May Street
Chicago, IL 60620
Property Details
Construction
Parking
Heating
Questions & Answers
This 6-bedroom, 3-bathroom residential multi family at 8236 S May Street is listed at $299,900. The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.
Key features include: Built in 1927, 0.10 acre lot, 2 parking spaces.
This property is listed by Deonte Barbee and can be reached at (630) 439-6385 or deonte@thebarbeegroup.com.