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1839 South May Street

1839 South May Street, Chicago, IL 60608
Townhouse in Pilsen
Sold Oct 17, 2018
$908,000
Sold Aug 09, 2017
$267,000
$560,000 by Lake Forest Bank & Trust Co
Mortgage
1839 South May Street in Chicago, IL was first built in 1890 and is 134 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 multifamily style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 1839 South May Street has 2,873 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 2,400 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. The property was last sold in Oct 15, 2018 for $908,000. That's $316.05 per sqft. Prior to that sales transaction, the property was also sold in Jul 26, 2017 for $267,000. 1839 South May Street was last assessed in 2023. The total value of the property was assessed at $51,006. Specifically, the land the property is located on was valued at $7,200. While improvements on the property were assessed at a total of $43,806. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,164. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,400
  • Total Building Area: 2,873
  • Gross Building Area: 2,873
  • Building Area: 2,873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCMULLENS SUB
  • Land Acres: 0.055
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF BLKS8,11 IN WALSH & MCMULLENS SUB OF S3/4 OF SE SEC 20-39-14

Ownership

  • Current Owner : VILLA CHRIS
  • Current Owner 2: VILLA IVY
  • Previous Owner : CLOUD PROPERTY MANAGEMENT LLC 1839 SERIE
  • Owner Before Previous Owner: RAIMONDO PAUL L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 310500

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-20-409-007-0000
  • Block: 8,11
  • Lot: 21
  • Meridian: SEC 20 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8568
  • Longitude: -87.6545

    Address

  • Full Address: 1839 S May St
  • Address - House Number: 1839
  • Street Direction: S
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C065
  • 4-Digit Zip Code: 5382
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,164
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 510,974
  • High Value: 641,537
  • Low Value: 380,410

    Market Valuation

  • Market Total Value: $510,060
  • Market Land Value: $72,000
  • Market Improvement Value: $438,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,006
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $43,806

    Sales

  • Current Sale Contract Date: Oct 15, 2018
  • Current Sale Recording Date: Oct 17, 2018
  • Current Sale Transaction ID: 11522385718
  • Current Sale Price: $908,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1829057133
  • Previous Sale Recording Date: Aug 09, 2017
  • Previous Sale Contract Date: Jul 26, 2017
  • Previous Sale Amount: $267,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Oct 17, 2018
  • First Mortgage Loan Amount: $681,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LAKE FOREST BANK & TRUST CO
  • Previous Mortgage Transaction Date: Aug 09, 2017
  • Previous Mortgage Loan Amount: $560,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1839 South May Street located in?
The 1839 South May Street is a townhouse located in the neighborhood of Pilsen in West Side, Chicago.
What is the average sales price for listings in 1839 South May Street?
The average sales price for units in 1839 South May Street is $0 currently.

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