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10026 South May Street

10026 South May Street, Chicago, IL 60643
Sold Oct 04, 2017
$19,500
Sold May 06, 1999
$77,000
$61,600 by Bnc Mtg Inc
Mortgage Due May 01, 2029
10026 South May Street in Chicago, IL was first built in 1910 and is 114 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 10026 South May Street has 966 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,993 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10026 South May Street was last sold in Sep 26, 2017 for $19,500. According to our calculations, that's $20.19 per sqft. Prior to that sales transaction, the property was sold for $77,000 in Apr 26, 1999. Current property owners are expected to pay $1,650 in taxes per year. The property on 10026 South May Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,000. To break that down further, the land itself was valued at $2,995. While improvements to the property were assessed at a total of $5,005. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,993
  • Total Building Area: 966
  • Gross Building Area: 966
  • Building Area: 966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 966
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ODELLS SUB
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ODELLS) SUB OF BLKS1-4 IN BLKS 5&6 OF HITTS SUB OF S E SEC 08-37-14

Ownership

  • Current Owner : PINKNEY NIGEL
  • Previous Owner : VANDERBILT MORTGAGE AND FINANCE INC
  • Owner Before Previous Owner: CHANGE LABRETT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 730600

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-08-408-030-0000
  • Block: 1-6
  • Lot: 60,59
  • Meridian: SEC 08 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7115
  • Longitude: -87.6517

    Address

  • Full Address: 10026 S May St
  • Address - House Number: 10026
  • Street Direction: S
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C041
  • 4-Digit Zip Code: 2252
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,650
  • Tax Rate Code Area: 72092

    Appraisal Valuation

  • Standard Deviation: 0.2654
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 136,694
  • High Value: 172,983
  • Low Value: 100,405

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $29,950
  • Market Improvement Value: $50,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,000
  • Assessed Land Value: $2,995
  • Assessed Improvements Value: $5,005

    Sales

  • Current Sale Contract Date: Sep 26, 2017
  • Current Sale Recording Date: Oct 04, 2017
  • Current Sale Transaction ID: 1736595639
  • Current Sale Price: $19,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1727710003
  • Previous Sale Recording Date: May 06, 1999
  • Previous Sale Contract Date: Apr 26, 1999
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BNC MTG INC
  • Previous Mortgage Transaction Date: May 06, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $61,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2029

About Far South Chicago



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Nearby Rentals

Unit for rent at 118 W 112th Place, Chicago, IL, 60628

$1,650 /mo

  • 3 Beds
  • 1 Bath
  • 1,450 ft²
118 W 112th Place #2, Chicago, IL, 60628 Listing by Rickey Flournoy

Frequently Asked Questions

What neighborhood is 10026 South May Street located in?
The 10026 South May Street is a house located in the neighborhood of Washington Heights in Far South Chicago, Chicago.
What is the average sales price for listings in 10026 South May Street?
The average sales price for units in 10026 South May Street is $0 currently.

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