NOT LISTED FOR SALE

747 N May St Chicago, IL 60642

West Town Neighborhood

Estimated Value: $4,960,284

-- Bed
-- Bath
-- Sq Ft
4,443 Sq Ft Lot

About This Home

This home is located at 747 N May St, Chicago, IL 60642 and is currently estimated at $4,960,284. 747 N May St is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Rauner College Prep.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2019
Sold by
747 N May Street Investors Llc
Bought by
747 N May St Investors Llc
Current Estimated Value
$4,960,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 1, 2015
Sold by
Wks Llc
Bought by
747 N May Street Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,485,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 31, 2002
Sold by
Lasalle Bank National Assn
Bought by
Wks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
7.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
747 N May St Investors Llc $4,050,000 Stewart Title
747 N May Street Investors Llc $1,113,000 Ort
Wks Llc $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 747 N May St Llc $2,870,000
Closed 747 N May St Llc $2,870,000
Closed 747 N May St Investors Llc $3,000,000
Previous Owner 747 N May Street Investors Llc $2,590,000
Previous Owner 747 N May Street Investors Llc $1,485,000
Previous Owner Wks Llc $760,000
Previous Owner Wks Llc $900,000
Previous Owner Wks Llc $945,000
Source: Public Records

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 $70,497 $496,000 $55,700 $440,300
2023 $68,501 $319,857 $33,420 $286,437
2022 $68,501 $319,857 $33,420 $286,437
2021 $66,952 $319,856 $33,420 $286,436
2020 $68,225 $292,060 $33,420 $258,640
2019 $61,514 $292,060 $33,420 $258,640
2018 $60,582 $292,060 $33,420 $258,640
2017 $48,730 $214,807 $28,407 $186,400
2016 $45,366 $214,807 $28,407 $186,400
2015 $19,026 $97,748 $28,407 $69,341
2014 $21,453 $108,559 $28,407 $80,152
2013 $41,756 $214,807 $28,407 $186,400
Source: Public Records

Map

Illinois Cook County Chicago 60642 West Town

747 N May St, Chicago, IL

This home is located at 747 N May St, Chicago, IL 60642 and is currently estimated at $4,960,284. 747 N May St is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Rauner College Prep.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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