SOLD FEB 20, 2026
Off market feb 2026 for $296K
$344,109
Est. refi paymentEst. refi $2,415/mo
6
bd
•
2 ba
•
—
sq ft

7416 S May St, Chicago, IL 60621

map-entry

About this home

Turnkey, fully renovated brick 2-flat in Chicago's up-and-coming Englewood neighborhood; an excellent value-add and cash-flow opportunity. Rehabbed in 2026, this multi-family asset requires no immediate capital investment and is ready for lease-up or house hacking. Each unit features 3 bedrooms and 1 bath with large primary bedrooms, functional living and dining layouts, and enclosed porches-highly attractive to long-term tenants. Both units boast new kitchens with modern cabinets and stainless steel appliances, updated bathrooms, new laminate flooring, forced-air heating, and central A/C. Major capital improvements include new electrical, plumbing, and HVAC systems, reducing future maintenance risk. Each unit offers separate furnaces and water heaters, allowing for greater rental income. Units are currently vacant, allowing investors to set market rents immediately. The property also includes an enclosed rear porch and a large adjacent lot with a parking pad-added value for tenant demand and rental premiums. Conveniently located near public transportation, schools, parks, shopping, dining, and major expressways. LOW TAXES (no property exemptions being claimed). SELLER FINANCING AVAILABLE!

Multi-familyProperty Type
1890Year Built
3,049 sq ftLot Size
Listed by Carlos Matos • Core Realty & Investments Inc.
Bought with Teratineka Thomas • Real People Realty
Redfin checked: 2 minutes ago
•Source:MRED as Distributed by MLS Grid #12541524

Redfin Estimate

$344,109
$48K since sold in February 2026$5,000 since September

This home's estimate is 54.5% higher than the average sale price ($223K) of 5 comparable homes.

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Earn from this home

Sell
$92,608
Est. take-home

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Refinance
$0
Est. cash available

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Market trends in Englewood, IL

Sale history for 7416 S May St

Tax history for 7416 S May St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,125 Sq. Ft.
Year renovated
—
Sq. Ft.
1,980
Year built
1888
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
20292240250000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.

Property details

Around this home

Schools

Stagg Elementary School

Public PreK-8 • Assigned • 0.2mi

4/10
Hirsch Metropolitan High School

Public 9-12 • Assigned • 2.6mi

1/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60621
Average low and high temperatures (°F)
30
18
39
25
54
36
61
44
67
52
80
65
85
71
81
67
78
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$327,000 – $396,000

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Property information provided by MRED as Distributed by MLS Grid when last listed in 2026. This data may not match public records. Learn more.
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GreatSchools Ratings provided by GreatSchools.org.