PENDING
$60K PRICE DROP
4858 S May St Chicago, IL 60609
Back of the Yards NeighborhoodEstimated payment $1,252/month
Total Views
7,937
--
Bed
--
Bath
1,424
Sq Ft
$140
Price per Sq Ft
About This Home
Huge Price Reduction!! $$$This building is a legal 5 UNIT! Perfect project for rehabbers and investors. Corner building with 4 units and a coach house! Excellent income property opportunity. Both buildings have had the roof replaced and the buildings need work. Being sold AS-IS!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,004
Year Built
- Built in 1890
Home Design
- Quadruplex
- Mixed Use
- Block Foundation
- Pitched Roof
Interior Spaces
- 1,424 Sq Ft Home
- 2-Story Property
Additional Features
- Lot Dimensions are 25 x 125
- Forced Air Heating System
Community Details
- 5 Units
- Insurance Expense $2,000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,004 | $8,100 | $1,800 | $6,300 |
| 2023 | $1,954 | $9,500 | $2,850 | $6,650 |
| 2022 | $1,954 | $9,500 | $2,850 | $6,650 |
| 2021 | $1,910 | $9,500 | $2,850 | $6,650 |
| 2020 | $2,177 | $9,773 | $2,850 | $6,923 |
| 2019 | $2,206 | $10,981 | $2,850 | $8,131 |
| 2018 | $2,169 | $10,981 | $2,850 | $8,131 |
| 2017 | $2,207 | $10,253 | $2,550 | $7,703 |
| 2016 | $2,054 | $10,253 | $2,550 | $7,703 |
| 2015 | $1,879 | $10,253 | $2,550 | $7,703 |
| 2014 | $1,780 | $9,593 | $2,400 | $7,193 |
| 2013 | $1,745 | $9,593 | $2,400 | $7,193 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Pending | -- | -- | -- |
| 07/30/2025 07/30/25 | Price Changed | $199,000 | -9.1% | $140 / Sq Ft |
| 07/15/2025 07/15/25 | Price Changed | $219,000 | -8.4% | $154 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $239,000 | -4.0% | $168 / Sq Ft |
| 05/17/2025 05/17/25 | Price Changed | $249,000 | -3.9% | $175 / Sq Ft |
| 05/05/2025 05/05/25 | For Sale | $259,000 | +192.7% | $182 / Sq Ft |
| 08/06/2021 08/06/21 | Sold | $88,500 | -29.2% | $62 / Sq Ft |
| 05/11/2021 05/11/21 | For Sale | -- | -- | -- |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 04/12/2021 04/12/21 | For Sale | $125,000 | -- | $88 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $88,500 | -- | |
| Warranty Deed | $115,000 | Stewart Title Of Illinois | |
| Executors Deed | -- | Stewart Title Of Illinois | |
| Quit Claim Deed | -- | Stewart Title Of Illinois |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $85,000 | Unknown | |
| Previous Owner | $150,000 | Unknown |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12355593
APN: 20-08-204-043-0000
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