Owner Finance Available
7416 S May St
Chicago, IL 60621
🛏️
6
Bedrooms
🚿
2
Bathrooms
📏
—
Sq Ft
📅
1890
Year Built
Chicago, IL 60621
6
Bedrooms
2
Bathrooms
—
Sq Ft
1890
Year Built
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!
Property Type
Multi_family
Year Built
1890
HOA
None
Listed Price
$289,000
Free account - No credit card required
Owner financing means the seller of 7416 S May St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Chicago, IL is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Chicago property.