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5802 S May St, Chicago, IL, 60621

5beds
2baths
--sqft
$10,000
--price/sqft
$236/moest. monthly cost
$9,440/yrincome needed

About This Home

Come and view this excellent investment and renovation project. This 2 flat offers a spacious 2br 1bth unit and a 3br 1bth unit. Full basement. Property Sold AS/WHERE-IS. Buyer responsible for all liens, taxes, judgments, closing costs, totaling $40K. No tax prorations.

Getting Around

65
WalkingSomewhat Walkable
59
TransitGood Transit
62
BikeBikeable

Construction

Condition

  • Year built: 1893

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 20172240100000
  • Zoning: MULTI
  • Special condition: None

Lot

  • Lot size: 3,125 sqft
  • Lot size dimensions: 25X125

Parking

  • Total spaces: 2
  • Parking features: Yes,Owned

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
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

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

MonthlyAnnual
Mortgage $50$600
Home Insurance *$42$504
Property Taxes $14$168
Electricity $130$1,569
Total$236$2,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$8,091/yr
40% on housing$7,080/yr
45% on housing$6,293/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60621$113
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60621$61
Cook County$219

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)

No zestimate history available

Price History

DateEventPrice
2025-07-01Listed for sale$60,000
2024-03-28Listing removed--
2023-10-16Price change$35,000
2023-09-20Price change$40,000
2023-08-23Price change$50,000
2023-07-21Listed for sale$60,000
2022-03-28Listing removed--
2022-03-24Listed for sale$5,000
2022-03-22Listing removed--
2022-02-08Price change$19,000
2021-12-17Listed for sale$20,000
2021-12-17Listing removed--
2021-11-22Price change$49,000
2021-11-17Price change$55,000
2021-11-09Price change$72,500
2021-11-02Listed for sale$75,000
2017-07-26Listing removed$10,000
2016-11-11Listed for sale$10,000
2009-08-18Sold$4,000
2009-07-06Price change$6,500
2009-06-27Listed for sale$11,900
2009-04-11Listing removed$19,900
2009-04-01Price change$19,900
2009-03-22Listed for sale--

For Sale by Agent

AgentEdrick Salomon
BrokerageSelect a Fee RE System

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