8246 South May Street

Local assessors in Chicago, IL have categorized 8246 South May Street as a commercial type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 6,148 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8246 South May Street sold most recently in Jun 15, 2017 for a total of $85,000. If you work out the math, that's approximately a cost of $29.31 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,512 in taxes each year. 8246 South May Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $80,279. If we break it down further, the land itself was valued at $5,533. Improvements to the property, however, were assessed at a total of $74,746. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.