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

Sale Details

Date 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
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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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Apr 23, 2020
Sold by
Sun Jimmy
Bought by
Seller's Agent
Mark J. Reiter
5M RE, Inc.
Buyer's Agent
Whitney Hampton
A Progeny Global LLC
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
May 20, 2014
Closed on
Mar 9, 2015
Sold by
Profitfromrentalcom Llc Series 34
Bought by
Sun Jimmy
Seller's Agent
Sunny Lamba
Publix Realty, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$180,000
Interest Rate
3.67%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 8, 2013
Closed on
Jan 8, 2014
Sold by
Wilmington Trust Company
Bought by
Profitfromrentals Com Llc Series 34
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
Sunny Lamba
Publix Realty, Inc.
List Price
$19,999
Sold Price
$20,000
Premium/Discount to List
$1
0.005%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
951.88%

Purchase Details

Closed on
Jan 30, 2003
Sold by
Harris John L and Harris Lillian
Bought by
Brooks Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
5.94%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$285,000 Attorney
Sun Jimmy $780,000 Fidelity National Title
Profitfromrentals Com Llc Series 34 $20,000 Servicelink Llc
Brooks Virginia $175,000 Cti
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $279,837
Previous Owner Sun Jimmy $180,000
Previous Owner Brooks Virginia $156,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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