NOT LISTED FOR SALE
9 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $285,000

73 Days on Market

About This Home

As of April 2020

7549 S. May Street is a 4,500 SF 3-story walk-up multi-family building located in Chicago's "Gresham" neighborhood. The property sits on a 3,687 square foot lot and is comprised of (3) 3-bedroom units. Hardwood floors are installed in the living room and bedrooms. The living room includes a fireplace and an arch of windows for natural lighting. Closet and storage space are available for each bedroom. The kitchen includes beautiful granite counter tops, a refrigerator and a stove/oven. There is on-site parking in the back of the building and street parking is easy to find. Chicago Midway International Airport is a 7.5-mile drive, and Chicago's "The Loop" is via accessible from the I-90/I-94 expressway or CTA 79th Red line station.

Last Agent to Sell the Property

Mark J. Reiter

5M RE, Inc. License #471008247 Listed on: 01/08/2020

Last Buyer's Agent

Whitney Hampton

A Progeny Global LLC

A Progeny Global LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,799

Year Built

  • Built in 1928

Lot Details

  • 3,485

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Oak Lawn Comm High Elementary And Middle School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Balcony
  • 3,485 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,799

Year Built

Built in 1928

Lot Details

3,485 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Oven/Built-in

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Elementary School: Oak Lawn Comm High School
  • Middle/Junior School: Oak Lawn Comm High School

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 3,687 SQ FT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3798.88
  • Tax Year: 2017

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2020 04/30/20 Sold $285,000 +3.6% --
03/21/2020 03/21/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $275,000 0.0% --
01/15/2020 01/15/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $275,000 +5.8% --
03/09/2015 03/09/15 Sold $260,000 -5.5% -- View Prior Sale
05/20/2014 05/20/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $275,000 +1275.0% --
02/03/2014 02/03/14 Sold $20,000 0.0% -- View Prior Sale
11/19/2013 11/19/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $19,999 -- --
Source: Midwest Real Estate Data (MRED)

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 $5,907 $29,001 $1,844 $27,157
2024 $5,907 $29,001 $1,844 $27,157
2023 $5,759 $28,000 $2,397 $25,603
2022 $5,759 $28,000 $2,397 $25,603
2021 $5,630 $27,999 $2,396 $25,603
2020 $2,896 $12,998 $2,396 $10,602
2019 $2,968 $14,771 $2,396 $12,375
2018 $2,918 $14,771 $2,396 $12,375
2017 $3,799 $17,647 $2,212 $15,435
2016 $3,534 $17,647 $2,212 $15,435
2015 $3,710 $20,244 $2,212 $18,032
2014 $3,707 $19,981 $2,027 $17,954
2013 $3,634 $19,981 $2,027 $17,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10606026

Midwest Real Estate Data (MRED)
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