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Remodeled Two-Unit Duplex with Parking Pad
New
For Sale
$425,000

5406 S May Street, Chicago, IL 60621

MULTI_FAMILY - Other - Chicago, IL

Days on Market2

Property Features for 5406 S May Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 6, Bathroom 1, Basement, Bedroom 3, Bedroom 1
Parking 2
Parking features Owned, Off Street, Off Alley
Basement Full, Unfinished
Elementary school district 299
Middle school district 299
High school district 299
Directions 55th St to may north to property
Subdivision CHI - New City
Standard status Active
APN 20172220130000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2057

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1909
Building materials Brick
Architectural style Other
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Howard Thomas · License #471019584
Added: Jul 31 Last Checked: Aug 1 at 4:06AM
MLS# 12721049

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This remodeled two-unit duplex is a brick, 1909 build with updated finishes and practical in-unit amenities. The property features washer/dryer in the unit and a newer roof, and the rear offers a newer parking pad. The first floor includes central air and is configured with three bedrooms. The second floor is tenant-occupied with four bedrooms.

An unfinished basement provides additional space to expand or rework for future living area, and it includes ingress and egress. The property is served by public water and public sewer. Parking is owned and is provided off-street/off alley, including the rear parking pad.

Tenants are in place on both floors, and showings are arranged through appointments with instructions not to disturb tenants.

Key Highlights

  • Remodeled brick duplex built in 1909
  • Two floors: first floor 3 bedrooms with central air; second floor 4 bedrooms
  • Washer/dryer in unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Recently remodeled two-unit duplex with in-unit washer/dryer, central air on the first floor, and a newer rear parking pad.
Where is this duplex located?
The property is located at 5406 S May Street Chicago, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Remodeled brick duplex built in 1909; Two floors: first floor 3 bedrooms with central air; second floor 4 bedrooms; Washer/dryer in unit
More about this property
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