7735 S May St Chicago, IL 60620
Auburn Gresham NeighborhoodEstimated payment $1,473/month
About This Home
Owned by the same family for over 30 years, this solid brick 2-flat in Auburn Gresham offers two spacious units plus a finished basement with additional living space. The first-floor unit is occupied by a family member, while the second-floor unit and basement are vacant. Each unit features two generously sized bedrooms plus a third tandem bedroom at the rear, a spacious living room with adjacent dining room, and kitchen with exterior door access. The finished basement includes one bedroom, living room, kitchen, utility room, and a full bathroom providing flexible space for related living or an in-law arrangement. Units can be rent ready with some TLC offering excellent value-add potential. Whether you're an investor looking to increase rental income or an owner-occupant seeking to live in one unit while renting the other, this property presents a great opportunity. The property is part of an estate and is being sold as-is. 24 hour notice for Showings Requests.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,023
Year Built
- Built in 1922
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Utilities
- Radiator
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 30x124
Community Details
- 2 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,539 | $16,000 | $1,860 | $14,140 |
| 2024 | $2,539 | $16,000 | $1,860 | $14,140 |
| 2023 | $2,436 | $18,000 | $2,418 | $15,582 |
| 2022 | $2,436 | $18,000 | $2,418 | $15,582 |
| 2021 | $1,184 | $18,000 | $2,418 | $15,582 |
| 2020 | $1,222 | $12,003 | $2,418 | $9,585 |
| 2019 | $1,218 | $13,640 | $2,418 | $11,222 |
| 2018 | $1,200 | $13,640 | $2,418 | $11,222 |
| 2017 | $1,284 | $13,370 | $2,232 | $11,138 |
| 2016 | $1,692 | $13,370 | $2,232 | $11,138 |
| 2015 | $1,626 | $13,370 | $2,232 | $11,138 |
| 2014 | $1,617 | $13,432 | $2,046 | $11,386 |
| 2013 | $1,623 | $13,432 | $2,046 | $11,386 |
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 |
|---|---|---|---|---|
| 07/19/2026 07/19/26 | For Sale | $240,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12706492
APN: 20294170110000
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