8 months on rocket

5815 S May St, Chicago, IL, 60621

$520,000

Home List Price

$6,175*

Closing Credit

16 Bedrooms
8 Baths
House

Location

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5815 S May St, Chicago$520,000

Buyer Closing Credits

$6,175*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1967
HeatingElectric, Baseboard
MLS #12034321
Lot Size0.35 Acres
StatusActive

About 5815 S May St

Assum the seller low interest rate. 5815 it's perfect for the own occupant. You will acquire 1 PIN 4 townhomes. This opportunity is not for the savvy investor but the smart investor. Sitting on 6 oversized Chicago lots. Generating over 6,000 a month these long term tenants pay all utilities. Each unit also features washer dryer hook ups. ALL UNITS were TOTALLY REHABBED with the current tenants in place this building only NEEDS you. Ask about assuming the rate and get your pre-approval now.

Property Details

Property Features

Property Information:

  • Year Built: 1967

Listing Office:

  • Office Name: Oak Realty of Chicago,Inc
  • Office Phone: (773) 779-5500
  • Listing Agent: Tasha Jarrett

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 16

Lot Features

Lot Information:

  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Electric, Baseboard

Other

Directions Information:

  • Directions: 59TH E OR WEST TO MAY, NORTH TO PROPERTY

Price Information

Listing Price Info

Price Summary:

  • List Price: $520,000
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

5815 S May St vs Chicago

247 DAYS ON ROCKET

+214 Days

$520,000

+$156K More

KEY TAKEAWAY

This property is $156K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12034321

Listing Office:

  • Office Name: Oak Realty of Chicago,Inc
  • Office Phone: (773) 779-5500
  • Listing Agent: Tasha Jarrett

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1071974
5
/10
  • Brownell Elementary School

  • 6741 S Michigan Ave

  • 1.99 miles

  • Public District Grades PK-6

school-card-donut-1071975
10
/10
  • Bronzeville Classical Elementary School

  • 8 W Root St

  • 2.57 miles

  • Public District Grades KG-4

school-card-donut-1071976
6
/10
  • Shields Elementary School

  • 4250 S Rockwell St

  • 2.71 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,136. Residents of Chicago, IL typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5815 S May St

What is the listing price of this property?

The listing price of 5815 S May St property is $520,000.

What type of property is this?

The property 5815 S May St is a house located in Chicago, Illinois, 60621.

Is this property for sale now?

Active Listing: 5815 S May St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5815 S May St has 16 bedrooms and 8 bathrooms.

Which year was this property built?

The year of construction for 5815 S May St is 1967.

Rocket HomesIllinoisCook CountyChicago606215815 S May St

This home is located at 5815 S May St in Chicago, IL and zip code 60621 in the Englewood neighborhood. This home, which was built in 1967, sits on a 0.35 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $520,000.

Over 521 listings were sold over their listed price in November 2024 in Chicago, IL. In the same period over 845 listings were sold below the listed price and 254 listings were sold for the listed price. Between October 2024 and November 2024, Chicago, IL real estate market has seen increase in the number of listings by 2.1%. The median list price of listings available in November 2024 was $363,936, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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