8242 S May Street Chicago, IL ^$ 162,000

8242 S May Street

^$ 162,000

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8242 S May Street

Chicago, IL, 60620

^$ 162,000

Bedrooms5 Baths3.1

Monthly Estimate*

^$ 1,077

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Multi-Family Home for sale in Chicago, IL

for $162,000 with 5 bedrooms and 3 full baths, 1 half bath. This home was built in 1923 on a lot size of 0.1.

The price has been modified on this charming 2-unit property that boasts spacious units that include formal dining rooms, enclosed rear porches perfect for relaxation, and a generously sized rear yard ideal for outdoor activities. Additionally, the property features a convenient 2-car brick garage, offering ample parking or storage space. While some minor adjustments and fresh ideas are needed, this property presents a fantastic opportunity for customization and value enhancement. Seller is ready to sell!

Multi-Family Contingent

Price

^$ 162,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 4,730

Style

Lot Size

0.1

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11971653

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Zoning MULTI

Garage Spaces 2

Year Built 1923

Township Lake

Tax Year 2022

Percent Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 11

Status Contingent

Directions 79th Street East/West to May South to property

City Chicago

High School District 299

MLS Area CHI - Auburn Gresham

Waterfront Y/N N

Street Name May

Tax Annual Amount 4730.47

Days on Market 129

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Full Partially Finished

Street Suffix Street

Total Bedrooms 5

Room Type Enclosed Porch

Total Baths 3

Bedrooms Possible 5

Full Baths Building 2

Half Baths Building 1

Total Number of Units 2

Exterior

Water Source Public

Total Parking 2

Lot Dimensions 35X125

Lot Size Acres 0.1

Garage Onsite Yes

Garage Type Detached

Garage Ownership Owned

Exterior Brick

* Excluded Features

List By

Trademarks & Associates

Broker

marksrealtor@yahoo.com

Affordability Calculator

$1,471

Per Month

Monthly Principal & Interest: $1,077
Monthly Property Taxes: $394
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$645,608

Percent of Sale Price 299%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/23/2024	$162,000	-10.00%	Price Down
2/1/2024	$180,000		Listed Price

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8242 S May Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $162,000 with a lot size of 0.1. 8242 S May Street has 5 bedrooms, 3.1 baths, and was built in 1923. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/6/2024.

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8242 S May Street

Multi-Family Home for sale in Chicago, IL

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