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7203 South May Street

7203 South May Street, Chicago, IL 60621
Multifamily in Englewood
1 Units For Sale
Unit for sale at 7203 S May Street, Chicago, IL 60621

$122,500

  • 5 Beds
7203 S May Street, Chicago, IL 60621 Listing by Mariola Sawicki

7203 South May Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 12 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7203 South May Street has 2,322 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 7203 South May Street was last sold in Jan 29, 2024 for $112,000. According to our calculations, that's $48.23 per sqft. Current property owners are expected to pay $2,057 in taxes per year. The property on 7203 South May Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $10,000. To break that down further, the land itself was valued at $2,031. While improvements to the property were assessed at a total of $7,969. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210329
03/29/2021
5 Bed
-
-
$128,500
bedrooms
5 Bed
bathrooms
-
-
-
-
-
20200801
08/01/2020
5 Bed
-
-
$129,900
bedrooms
5 Bed
bathrooms
-
-
-
-
-
20190818
08/18/2019
5 Bed
-
-
$135,900
bedrooms
5 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,322
  • Gross Building Area: 2,322
  • Building Area: 2,322
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,322
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CONDITS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: E M (CONDITS) SUB OF PT WH NW NE SEC 29-38-14

Ownership

  • Current Owner : MEDINA ADRIANA
  • Previous Owner : STROMIDLO CHRISTOPHER
  • Owner Before Previous Owner: ZAWADA IRENA

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 681400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Apr 05, 2025
  • District: 72
  • Parcel: 20-29-209-002-0000
  • Block: 4
  • Lot: 47
  • Meridian: SEC 29 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7631
  • Longitude: -87.6525

    Address

  • Full Address: 7203 S May St
  • Address - House Number: 7203
  • Street Direction: S
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C020
  • 4-Digit Zip Code: 1018
  • Zip Code: 60621

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,057
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 48
  • Final Value: 309,477
  • High Value: 388,554
  • Low Value: 230,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Jan 31, 2024
  • First Open Lien Mortgage Loan Amount: $84,000
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $20,310
  • Market Improvement Value: $79,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,000
  • Assessed Land Value: $2,031
  • Assessed Improvements Value: $7,969

    Sales

  • Current Sale Contract Date: Jan 29, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Transaction ID: 11919867656
  • Current Sale Price: $112,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6319
  • Previous Sale Recording Date: Jul 10, 2012
  • Previous Sale Contract Date: May 31, 2012
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Jan 31, 2024
  • First Mortgage Loan Amount: $84,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

About South Side



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Nearby Rentals

Unit for rent at 19 West 69th Street, Chicago, IL 60621

$3,575 /mo

  • 1 Bed
  • 1 Bath
19 West 69th Street #903, Chicago, IL 60621 Listing by Usman Khan

Frequently Asked Questions

What neighborhood is 7203 South May Street located in?
The 7203 South May Street is a multifamily located in the neighborhood of Englewood in South Side, Chicago.
How many listings are currently for sale in 7203 South May Street?
There is one unit for sale right now.
What is the average sales price for listings in 7203 South May Street?
The average sales price for units in 7203 South May Street is $122,500 currently.

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