The Flip Potential of 9150 S May St Chicago, IL🏡 is medium.
Current Specs
3 Bed / 1 Bath
1,398 sqft
$155 per sqft
Estimated Value$217,284
Flip Advice
The property at 9150 S May St in Chicago, IL, shows moderate potential for flipping. Located in the Washington Heights neighborhood, the area has a median listing price of $256K. Current valuation estimates range from $191K to $237K, and the median price per square foot in the comps is $137. While the property’s 1,398 sqft is slightly below the average comp size, its 3-bedroom, 1-bath configuration aligns well with local demand. However, renovation costs and the competitive Chicago market warrant careful budgeting.
To maximize flip potential, focus on modernizing the kitchen and bathroom, which are key selling points. Additionally, enhance curb appeal with minor landscaping and exterior upgrades. Aim for an after-repair value consistent with comps, approximately $223K–$251K, while keeping renovation costs under control. If listing, price the property competitively to align with the area's median days on market of 78. Consulting with a local contractor and real estate expert would ensure accurate rehab cost estimates and pricing strategies.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 9150 S May St: