702 S May St Chicago, IL 60607
Little Italy NeighborhoodEstimated payment $6,264/month
Highlights
- Lower Floor Utility Room
- Cul-De-Sac
- Laundry Room
- 2 Car Detached Garage
- Soaking Tub
- 3-minute walk to Sheridan Park
About This Home
Exceptional opportunity to own a spacious single-family home on an extra-wide lot in a quiet cul-de-sac, located in the heart of Chicago's highly desirable Little Italy / UIC neighborhood. This expansive residence offers 5 bedrooms and 3 full bathrooms, providing ample room for comfortable living, multi-generational use, or strong investment potential. The home offers a functional layout with generously sized bedrooms and abundant storage throughout. The updated kitchen features stainless steel appliances, creating a space ideal for both everyday living and entertaining. Additional highlights include in-unit laundry, zoned central heating/cooling, water heater and a 2-car garage. An unfinished basement provides excellent storage space with potential for customization or expansion. Currently leased through July 2026, Garage Lease through September 2026. Ideally located just steps from the University of Illinois Chicago (UIC) campus, with easy access to Taylor Street dining, shopping, and nightlife, as well as convenient transportation options including I-90/94 and the Blue Line, allowing for a quick commute to downtown Chicago. Whether you're an owner-occupant or investor, this property offers size, location, zoning flexibility, and long-term upside in one of Chicago's most sought-after neighborhoods. Lot size is 28 x 112 and Zoned RT4. Sold AS-IS.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,945
Year Built
- Built in 1922
Lot Details
- 3,088 Sq Ft Lot
- Lot Dimensions are 28 x 112
- Cul-De-Sac
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,876 Sq Ft Home
- 2-Story Property
- Family Room
- Combination Dining and Living Room
- Lower Floor Utility Room
- Storage Room
- Unfinished Basement
- Natural lighting in basement
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Full Bathrooms
- Soaking Tub
Laundry
- Laundry Room
- Gas Dryer Hookup
Schools
- Smyth Elementary School
- Wells Community Academy Senior H High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Map
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 |
|---|---|---|---|---|
| 2025 | $14,820 | $89,000 | $17,304 | $71,696 |
| 2024 | $14,820 | $89,000 | $17,304 | $71,696 |
| 2023 | $14,447 | $70,000 | $13,905 | $56,095 |
| 2022 | $14,447 | $70,000 | $13,905 | $56,095 |
| 2021 | $14,123 | $70,000 | $13,905 | $56,095 |
| 2020 | $12,732 | $56,962 | $10,506 | $46,456 |
| 2019 | $11,374 | $62,596 | $10,506 | $52,090 |
| 2018 | $12,461 | $74,829 | $10,506 | $64,323 |
| 2017 | $9,794 | $48,716 | $9,270 | $39,446 |
| 2016 | $9,757 | $48,716 | $9,270 | $39,446 |
| 2015 | $4,927 | $48,716 | $9,270 | $39,446 |
| 2014 | $6,365 | $39,626 | $7,725 | $31,901 |
| 2013 | $6,729 | $39,626 | $7,725 | $31,901 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/04/2026 05/04/26 | For Sale | $899,500 | +35.7% | $232 / Sq Ft | |
| 09/03/2019 09/03/19 | Sold | $662,800 | +0.5% | $171 / Sq Ft | View Prior Sale |
| 07/21/2019 07/21/19 | Pending | -- | -- | -- | |
| 07/09/2019 07/09/19 | For Sale | $659,800 | -- | $170 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $663,000 | Saturn Title Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $596,520 | Adjustable Rate Mortgage/ARM |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12618452
APN: 17-17-409-054-0000
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Ask me questions while you tour the home.