See Home Value
$1,927,926*
House - Off Market

720 South May Street

Chicago, IL 60607
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
6315 Sqft
$1,508,000 - $1,842,000
Reference Base Price*
15.10%
Since Nov 1, 2021
IL-Chicago
Primary Model
Sold Sep 07, 2021
$1,620,000
$1,215,000 by Goldman Sachs Bank Usa
Mortgage Due Sep 01, 2051
Sold Dec 22, 2006
$630,000
$567,000 by Palos Bank & Trust Co
Mortgage

About This Property

Words cannot describe this one-of-a-kind urban fortress on FOUR 20 foot wide lots! Space, luxury and classic high-end finishes abound in every corner of this massive 6,300+ square foot home - they just don't build them like this anymore! Never for sale before, the family that built this home originally designed the entire cul de sac for maximum privacy and quiet living in the heart of the city. You will be transported to another time and place when you see the incredible exterior brickwork and fence around the lush entry garden featuring professional landscaping and huge mature trees and greenery. Head to the backyard for a true garden oasis in the city like nothing else out there! Because the attached garage is located at the front of the home, this backyard is truly 4 lots worth of private green space - the ultimate in privacy! Plus, the whole area has been professionally designed including the hardscape, landscape, multiple sitting areas and a sunken patio. You truly feel transported to an Italian garden, just by stepping into your own backyard! Upon entering the home you will see that it was built for entertaining. Many holiday parties were enjoyed over the years in the massive living spaces including the formal living room complete with the perfect nook for a wine cellar. Crowds can easily overflow into the TWO great rooms - one featuring an intricate built-in with TV cabinet and tons of natural light, and the other boasting a bar, heated floors, incredibly high ceilings, and natural light abounding from the transom window from the room above and unique direct access to a walk-out terrace . For formal dinner parties, the dining room can easily accommodate 15, and you will love the grand fireplace and surrounding built-ins that complete the space. The chef's kitchen features a thoughtfully placed window above the sink, high end cabinetry, a large island, ample counter space,  top-of-the-line appliances, built-in desk, pantry and storage. For added convenience, the kitchen has an attached breakfast nook surrounded by windows, plus it also connects to the heated, attached, oversized 2.5 car garage with built-in shelving and storage. A massive crawl space is also underneath the garage with 6' clearance. Head upstairs to the massive primary suite, which features an entire wall of custom walk-in closets, and a gorgeous primary bathroom with a skylight, stand up shower and separate soaking tub. The two secondary bedrooms are separated by a loft area that has a perfect desk space and additional lounge or play space.  Both bedrooms are generously-sized, and one offers a spa-like ensuite bathroom that was recently remodeled. There is also plenty of space to easily add a fourth bedroom.  This gem of a home is located in University Village - a classic Chicago neighborhood is rich in history - with easy access to 90/94, Rush Hospital, the West Loop, Taylor Street dining, parks, UIC and more!

The manager has listed the unit size as 6315 square feet.
Unit Size
6,315Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
House
Property Taxes
$28,005
HOA Dues
-
Year Built
1993

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Sep 7, 2021 Sold to Charles Song, Ping Xiao $1,620,000
Sold to Charles Song, Ping Xiao
May 26, 2021 In contract -
In contract
Jan 22, 2021 Listed $1,675,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,050
  • Total Building Area: 4,786
  • Gross Building Area: 4,786
  • Building Area: 4,786
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,786
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: C J HULLS
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAST32 0 FT LOTS36-41 BLK6 CANAL TR USTEES SUB

Ownership

  • Current Owner : SONG CHARLES
  • Current Owner 2: XIAO PING
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 833300

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-17-409-052-0000
  • Block: 6
  • Lot: 36
  • Municipality: WEST CHICAGO
  • Latitude: 41.8724
  • Longitude: -87.6556

    Address

  • Full Address: 720 S May St
  • Address - House Number: 720
  • Street Direction: S
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 3433
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,743
  • Tax Rate Code Area: 77100

    Appraisal Valuation

  • Standard Deviation: 0.2055
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 1,596,862
  • High Value: 1,925,056
  • Low Value: 1,268,669

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,215,000
  • First Open Lien Mortgage Lender: GOLDMAN SACHS BANK USA
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,215,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $1,330,000
  • Market Land Value: $407,250
  • Market Improvement Value: $922,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,000
  • Assessed Land Value: $40,725
  • Assessed Improvements Value: $92,275

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Transaction ID: 11854980961
  • Current Sale Price: $1,620,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2125012235
  • Previous Sale Recording Date: Dec 22, 2006
  • Previous Sale Contract Date: Nov 02, 2006
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDMAN SACHS BANK USA
  • First Mortgage Transaction Date: Sep 07, 2021
  • First Mortgage Loan Amount: $1,215,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PALOS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Dec 22, 2006
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $567,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Side


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Frequently Asked Questions

When was property at 720 South May Street built and last sold?
The property at 720 South May Street was built in 1993 and last sold on Aug 20, 2021 for $1,620,000.
How much is this home worth?
The estimated value of the home located at 720 South May Street is $1,710,162.
What are some comparable homes to 720 South May Street?
There are currently no comparable homes to 720 South May Street.

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