NOT LISTED FOR SALE

351 N May St Unit P8 Chicago, IL 60607

West Town Neighborhood

Estimated Value: $46,000 - $330,000

0.63 Acre
$296,998 Price per Acre
27,573 Sq Ft Lot

Last Sold May 29, 2018

Last sale price $39,500

Est. 376% increase in value since last sale

Current estimated payment $1,034/month

3 Days on Market

About This Lot

As of May 2018

Rare opportunity! Parking available in well maintained and secured condo warehouse in West Loop/Fulton Market area. Very large spot with easy in and out access since it is close to entrance. Large overhead doors on May street as well as Aberdeen. Perfect for day to day parking or vehicle storage. Building is in excellent shape and is professionally managed by Hales Property Management Inc. New construction all around!

Last Agent to Sell the Property

Keith Hales

CP2 Realty, Inc. License #471012774 Listed on: 05/18/2018

Last Buyer's Agent

Alexandra Engelhardt Walschot

@properties Christie's International Real Estate License #475177444

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $529

Lot Details

Parking

  • Deeded Parking

Community Details

Property Details

Property Type

Land

Est. Annual Taxes

$529

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Deeded Parking/Boat Slips
  • Ownership: Condo
  • Unit Floor Level: 1
  • Special Restrictions (Y/N): No
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 39500

Garage/Parking

  • Number of Cars: 1
  • Garage/Boat Slip Description: Indoor
  • Heated/Unheated Garage: Unheated

Condo/Co-op/Association

  • Association Fee: 46

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Rental Price: 250

Tax Info

  • Tax Annual Amount: 529
  • Tax Year: 2016

Multi Family

  • Units in Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Trust Number 8002371595 and Chicago Title Land Trust Company
Bought by
Demzik Alysen
Current Estimated Value
$188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,000
Outstanding Balance
$759,895
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$571,895

Purchase Details

Listed on
May 18, 2018
Closed on
May 25, 2018
Sold by
Hales Kyle M and Hales Keith J
Bought by
Chicago Title Land Trust Company and Trust Number 8002371595
Seller's Agent
Keith Hales
CP2 Realty, Inc.
Buyer's Agent
Alexandra Engelhardt Walschot
@properties Christie's International Real Estate
List Price
$39,500
Sold Price
$39,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.40%

Purchase Details

Closed on
Dec 12, 2006
Sold by
James E Kline Declaration Of Trust
Bought by
Hales Keith J and Hales Kyle M

Purchase Details

Closed on
Jan 26, 2006
Sold by
Kline James E
Bought by
Kline James E and James E Kline Declaration Of Trust
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Demzik Alysen $1,220,000 Chicago Title
Demzik Alysen $1,220,000 Chicago Title
Chicago Title Land Trust Company $39,500 Chicago Title
Hales Keith J $20,000 Lasalle Title
Kline James E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demzik Alysen $767,000
Closed Demzik Alysen $767,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Off Market $39,500 -- --
05/29/2018 05/29/18 Sold $39,500 0.0% --
05/21/2018 05/21/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $39,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $570 $4,012 $2,915 $1,097
2023 $556 $2,696 $1,599 $1,097
2022 $556 $2,696 $1,599 $1,097
2021 $544 $2,694 $1,598 $1,096
2020 $627 $2,807 $1,598 $1,209
2019 $619 $3,073 $1,598 $1,475
2018 $609 $3,073 $1,598 $1,475
2017 $571 $2,643 $1,410 $1,233
2016 $529 $2,643 $1,410 $1,233
2015 $484 $2,643 $1,410 $1,233
2014 $321 $1,730 $1,116 $614
2013 $315 $1,730 $1,116 $614
Source: Public Records

Agents Affiliated with this Home

  • Keith Hales

    Seller's Agent in 2018

    Keith Hales

    CP2 Realty, Inc.

    (773) 294-3777

    2 in this area

    3 Total Sales

    Keith Hales
    Section Image

  • A

    Buyer's Agent in 2018

    Alexandra Engelhardt Walschot

    @ Properties

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09956171

Midwest Real Estate Data (MRED)

APN: 17-08-401-008-1015

Illinois Cook County Chicago 60607 West Town

351 N May St Unit P8, Chicago, IL

This home is located at 351 N May St Unit P8, Chicago, IL 60607 since 18 May 2018 and is currently estimated at $188,000. 351 N May St Unit P8 is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Rauner College Prep.

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