See Home Value
Chicago 60620 Gresham
8426 South May Street
$337,523*
House - Off Market

8426 South May Street

Chicago, IL 60620
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2196 Sqft
$270,000 - $328,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 04, 2021
$299,000
$289,020 by Royal Pacific Funding Corp
Mortgage Due Sep 01, 2051
Sold Jan 29, 2021
$105,000

About This Property

This beautiful ALL brick 2400 square foot brick bungalow has been professionally REHABBED with all the bells and whistles and will be gone before you know it! Very quiet, well established block. 5 bedrooms, 2.5 baths with an oversized garage!You will be amazed by the master bedroom with incredible adjacent walk in closet - or home office! New roof on the house and garage, new furnace/AC, water heater. Stainless steel appliances finish the gorgeous kitchen! Luxury laminate flooring and beautiful crown molding and wainscoting on the first floor. Make sure to check out the gorgeous finished basement with epoxy floors!

The manager has listed the unit size as 2196 square feet.
Unit Size
2,196Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$137
Property Type
House
Property Taxes
$2,174
HOA Dues
-
Year Built
1924

Price History

Date / Event Date Event Price
Mar 17, 2023 No longer available -
No longer available
Nov 3, 2022 Price Decreased $345,000
↓ $5K (1.4%)
Price Decreased
Sep 29, 2022 Listed $350,000
Listed
SELLER TO OFFER UP TO $10,000 IN CLOSING COSTS ASSISTANCE! This 5 bedroom 3 bathroom bungalow with a bonus room is a must see. The nearly 2200 (2196) square feet home has all the bells & whistles with 2 stories and a beautifully finished basement, enclosed backporch and 2 car garage. This home has had a ton of upgrades and is ready to welcome the new owners with open arms. Schedule your showings today!!! The manager has listed the unit size as 2196 square feet.
Oct 7, 2021 No longer available -
No longer available
Oct 4, 2021 Sold to Felicia Johnson $299,000
Sold to Felicia Johnson
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • 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: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,645
  • Total Building Area: 1,098
  • Gross Building Area: 1,098
  • Building Area: 1,098
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,098
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.084
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JOHNSON FELICIA
  • Previous Owner : ARB REDEVELOPERS LLC
  • Owner Before Previous Owner: MACK WILLIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 711000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-32-408-032-0000
  • Lot: 38,39
  • Meridian: SEC 32 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7406
  • Longitude: -87.6525

    Address

  • Full Address: 8426 S May St
  • Address - House Number: 8426
  • Street Direction: S
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C016
  • 4-Digit Zip Code: 3317
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,879
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 330,926
  • High Value: 364,386
  • Low Value: 297,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,020
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $289,020
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $23,690
  • Market Improvement Value: $116,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,369
  • Assessed Improvements Value: $11,631

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11859047314
  • Current Sale Price: $299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2127713017
  • Previous Sale Recording Date: Jan 29, 2021
  • Previous Sale Contract Date: Dec 29, 2020
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Oct 04, 2021
  • First Mortgage Loan Amount: $289,020
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
2,329 ft²
$116/ft²
$270,000 Jul 20, 2023
-
$286/mo
House
4 Beds
3 Baths
2,700 ft²
$126/ft²
$339,000 Jul 19, 2023
-
$268/mo
House
4 Beds
2 Baths
1,218 ft²
$246/ft²
$299,900 Jul 25, 2023
-
$109/mo
House
3 Beds
3 Baths
2,261 ft²
$133/ft²
$300,000 Jul 14, 2023
-
$138/mo
House
4 Beds
2 Baths
903 ft²
$318/ft²
$286,900 Jul 10, 2023
-
$201/mo
House
3 Beds
2 Baths
1,467 ft²
$190/ft²
$279,000 Mar 16, 2023
-
$251/mo
House
4 Beds
2 Baths
3,896 ft²
$74/ft²
$289,900 May 31, 2023
-
$268/mo
House
3 Beds
2 Baths
1,354 ft²
$207/ft²
$279,900 Jul 21, 2023
-
$180/mo
House
3 Beds
2.5 Baths
1,358 ft²
$188/ft²
$255,000 Mar 5, 2023
-
$251/mo
House
3 Beds
2 Baths
1,200 ft²
$224/ft²
$269,000 Jul 14, 2023
-
$185/mo
Multifamily
6 Beds
-
-
$290,000 Jul 26, 2023
-
$302/mo
Multifamily
6 Beds
-
-
$280,000 Jul 25, 2023
-
$120/mo

About South Side


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Nearby Rentals

Unit for rent at

$2,200 /mo

  • 3 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$2,100 /mo

  • 4 Beds
  • 2 Baths
Listing by Manager


Frequently Asked Questions

When was property at 8426 South May Street built and last sold?
The property at 8426 South May Street was built in 1924 and last sold on Jul 28, 2021 for $299,000.
How much is this home worth?
The estimated value of the home located at 8426 South May Street is $303,252.
What are some comparable homes to 8426 South May Street?
There are currently no comparable homes to 8426 South May Street.

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