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6237 S May Street Chicago, IL 60621 Multi Unit - Multiple New

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  • 6237 S May Street, Chicago, IL 60621 Main Photo

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Description

Attention Investors! Discover the incredible potential for this Multi-Unit! This property is ready for a full rehab and awaits your creative vision to bring it back to life. The standout feature is the spacious second-floor duplex-up unit, offering two bedrooms upstairs and one bedroom on the main level-an ideal layout for maximizing living space and rental income. Both units are serviced by a recently updated boiler (2019), and some plumbing updates were also completed in 2019, according to the owner. The property is being sold As-Is, presenting a prime opportunity for those looking to renovate and add value. Buyer's agent is responsible for verifying square footage and property detail. Don't miss out on this diamond in the rough with so much beautiful potential!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 3
County: Cook
High School: Phillips Academy High School
Listed By:
POWER Realty Chicagoland,PLLC 708-466-9128
MRED MLS
$125,000
Est. $858/mo
5beds
3baths
3cars
New to the Market New
BEDS5 BATHS3 full MLS#12586982
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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6237 S May Street, Chicago, IL 60621.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $125,000$125,000$125,000
Down Payment $25,000$4,375$31,250
Monthly Mortgage Amount $584$707$760
Taxes $174$174$174
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$55$0
Monthly Estimated Total $858$1,036$1,034

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