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7144 S May St, Chicago, IL, 60621

3beds
1baths
880sqft
$57,500
$65price/sqft
$747/moest. monthly cost
$29,880/yrincome needed

About This Home

Located in the hot and upcoming West Englewood this spacious two story home offers an abundance of space and is a project which features unlimited upside! The home offers three bedrooms on the second level all with ample closet space and generously sized. The main level features a formal living room with dining room, off of the kitchen is a flex room, can be used as a family room or a fourth bedroom. The basement is unfinished, can easily finish, add a bathroom along with another bedroom and watch your equity soar! The home is close to Dan Ryan, REd Line and in a community which has seen a ton of development as of late! This is a prime time to get at a great price, add value and rent while collecting passive cash flow or renovate and build equity! Either way you spin this, it is a win win situation!

Getting Around

54
WalkingSomewhat Walkable
59
TransitGood Transit
61
BikeBikeable

Schools

2/10
Bond Elementary SchoolGrades PK-80.1 mi
--

Construction

Condition

  • Year built: 1910

Materials

  • Construction materials: Aluminum Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedroom2

  • Level: Second
  • Area: 144
  • Dimensions: 12X12

Bedroom3

  • Level: Second
  • Area: 144
  • Dimensions: 12X12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 120
  • Dimensions: 12X10

Family Room

  • Level: Main
  • Area: 192
  • Dimensions: 12X16

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 0
  • Total interior livable area: 880 sqft

Kitchen

  • Level: Main
  • Area: 160
  • Dimensions: 10X16

Living Room

  • Level: Main
  • Area: 168
  • Dimensions: 12X14

Master Bedroom

  • Level: Second
  • Area: 168
  • Dimensions: 12X14

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 20292000360000
  • Special condition: Real Estate Owned

Features

  • Stories: 2

Lot

  • Lot size: 3,596 sqft
  • Lot size dimensions: 29 X 124

Parking

  • Total spaces: 2
  • Parking features: Yes

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 WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Inland Flooding
Winter Weather
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 $290$3,480
Home Insurance *$245$2,940
Property Taxes $82$984
Electricity $130$1,569
Total$747$8,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,611/yr
40% on housing$22,410/yr
45% on housing$19,920/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

$65This listing

vs Other Active Listings

Avg $/sqft

ZIP 60621$112
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
2019-10-18Listing removed$18,900
2019-08-22Listed for sale$18,900
2013-07-29Sold$1,500
2013-04-28Price change$6,000
2013-03-20Price change$7,400
2013-01-25Listed for sale$9,900
2007-07-16Sold$150,000
2007-01-17Sold$60,000

Unknown Listed By

AgentRyan Smith
BrokerageRE/MAX Premier

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