7924 S May St, Chicago, IL, 60620
About This Home
Tenant-occupied 2-flat in Auburn Gresham generating $2,700 in total monthly rent. Each unit offers 2 bedrooms, 1 full bath, separate living and dining rooms, enclosed porches, appliances, and independently controlled heat. The first-floor unit features an updated kitchen and bathroom, while the second-floor unit includes a fully renovated kitchen and bathroom with updated finishes. Property also includes a full finished basement renovated in 2024 and a detached 2-car garage. Seller reports new roofs on the main building and garage and a new hot water tank in 2023, along with updates to the main plumbing line with copper in 2025. Property is being sold AS IS. Basement is not currently represented as a legal third residential unit.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1915
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Construction materials: Brick
Notable Dates
- Major remodel year: 2023
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Finished,Exterior Entry,Rec/Family Area,Sleeping Area,Storage Space,Full,Walk-Out Access
Bathroom
- Features: Full Body Spray Shower
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Heating features: Natural Gas,Forced Air
Property
Details
- Parcel number: 20322000190000
- Special condition: None
- Other equipment: Ceiling Fan(s)
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Lot size: 4,000 sqft
- Lot size dimensions: 125X32
Parking
- Total spaces: 2
- Parking features: Yes,Garage Owned,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance * | $355 | $4,260 |
| Property Taxes | $504 | $6,048 |
| Electricity | $130 | $1,569 |
| Total | $2,758 | $33,096 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Price change | $329,999 |
| 2026-07-13 | Listed for sale | $350,000 |
| 2023-03-23 | Sold | $320,000 |
| 2023-03-16 | Pending sale | $320,000 |
| 2023-02-02 | Contingent | $320,000 |
| 2023-01-24 | Listed for sale | $320,000 |
| 2017-11-09 | Sold | $115,000 |
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