8236 S May Street, Chicago, IL 60620
Cook County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1927
Lot Size
0.10 acres
Lot Dimensions
4375
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
22
MLS® Listing#
12594118
Property Features
- Heating:
- Natural Gas, Radiant
- Basement:
- Partially Finished, Full
- Parking:
- Detached, Garage
- Construction:
- Brick
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $218 (2024)
- Parcel #:
- 20322230300000
Directions
West on 83rd Street to May St.
Affordability Calculator
$59,980
Estimated monthly payment
$1,596/mo
Principal $239,920 · Est. interest $334,710 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $389,939
- Median Listing Price
- 45
- Median Days on Market
- 1,444
- Median Sq Ft
- $273
- Median Price / Sq Ft
- 4,582
- Active Listings
- This home’s price is 23% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
- 8236 S May Street, Chicago, IL 60620
Nearby Schools
Cuffe Math-Sci Tech Elementary Academy
Elementary · 0.1 mi away
Access at Perspectives Calumet
School · 0.2 mi away
Cook Elementary School
Elementary · 0.4 mi away
Gresham Elementary School
Elementary · 0.5 mi away
Leo High School
Secondary · 0.5 mi away
Chicago Public Schools
School · 0.5 mi away
St Sabina Academy
Secondary · 0.6 mi away
Ezzard Charles School
School · 0.6 mi away
Hansberry College Prep
School · 0.7 mi away
Noble St CHTR-Hansberry Prep SLVR
Secondary · 0.7 mi away
Chicago Public Schools
School · 0.7 mi away
Learn - Hunter Perkins
Elementary · 0.7 mi away
Zion Hill Christian Academy
School · 0.7 mi away
Community Youth Development Institute
Secondary · 0.8 mi away
Chicago Public Schools
Elementary · 0.8 mi away
Kiddie Heaven Learning Academy
School · 0.8 mi away
Oglesby Elementary School
Elementary · 0.8 mi away
Chicago Public Schools
Elementary · 0.9 mi away
Cics Ralph Ellison
Secondary · 0.9 mi away
Chicago Public Schools
Elementary · 0.9 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Real Broker LLC - (773) 818-9150
Last Updated: 2026-04-06