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.