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7607 S May St, Chicago, IL, 60620

$125,000

Home List Price

$1,484*

Closing Credit

5 Bedrooms
2 Full Baths
1,891 SqFt
$66/SqFt
House

Location

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7607 S May St, Chicago$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Alley
Year Built1913
HeatingNatural Gas
CoolingNone
BasementYes
MLS #12260873
StatusActive
(New)

About 7607 S May St

Large Structurally sound Home for an easy Flip, Rental or 1st time home buyer with a FHA Rehab loan or Cash Investor. Currently has 5 Bedrooms and 2 full Bathrooms. The roof is in good condition and the furnace is working. Big kitchen and enclosed back porch. There is a full basement that's dry as a bone that has exterior rear access and high ceilings. Home is located 1 block from CTA Line on Racine, shopping and the MLK Skating and bowling center. Gated yard around the home and 2 secured parking spots in the rear. Property being sold AS IS. City Injunction exist on property but is no longer in court, buyer WILL need to obtain required permits and plans to satisfy any and all City requirements. No Survey or Termite provided, and buyer must accept back taxes. This home is located on a beautiful block with many homeowners.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Living Area: 1,891 SqFt

Listing Office:

  • Office Name: Real People Realty
  • Office Phone: (815) 469-7449
  • Listing Agent: Anthony Davis

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Hardwood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Off Alley

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: East on 76th toward May. Head south on May.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $66/SqFt

Tax Information:

  • Annual Amount: $2,545
  • Tax Year: 2019
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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

7607 S May St vs Chicago

1 DAY ON ROCKET

-32 Days

$125,000

-$238.9K Less

$66/SqFt

-$195 Less

KEY TAKEAWAY

This property is $238.9K less than the Median Sold Price and $195/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12260873

Listing Office:

  • Office Name: Real People Realty
  • Office Phone: (815) 469-7449
  • Listing Agent: Anthony Davis

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

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: 12/28/2024, 8:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$2,545$12,665
2018$2,501$12,665
2017$1,222$11,100

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-1883106
5
/10
  • Brownell Elementary School

  • 6741 S Michigan Ave

  • 1.94 miles

  • Public District Grades PK-6

school-card-donut-1883107
8
/10
  • Cics - Loomis Primary Campus

  • 9535 S Loomis St

  • 2.46 miles

  • Public Charter Grades KG-2

school-card-donut-1883108
4
/10
  • Pirie Fine Arts and Academic Center Elementary School

  • 650 E 85th St

  • 2.49 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,214. Typical income of Chicago, IL residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7607 S May St

What is the listing price of this property?

The listing price of 7607 S May St property is $125,000.

What type of property is this?

The property 7607 S May St is a house located in Chicago, Illinois, 60620.

Is this property for sale now?

Active Listing: 7607 S May St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,545 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7607 S May St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7607 S May St is 1,891 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7607 S May St is 1913.

Rocket Homes›Illinois›Cook County›Chicago›60620›7607 S May St

This home is located at 7607 S May St in Chicago, IL and zip code 60620 in the Far Southwest Side neighborhood. This 1,891 square foot home was built in 1913. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $125,000.

Chicago, IL housing market in November 2024 saw over 521 listings sold above listed price, more than 254 sold at listed price and over 845 sold below. In November 2024 in Chicago, IL there were 2.1% more homes for sale than in October 2024. In November 2024 median list price was $363,936 and the average listing age was 33 days.

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

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