NOT LISTED FOR SALE

Estimated Value: $60,000 - $210,000

2 Beds
1 Bath
820 Sq Ft
$129/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $48,000 $59 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $649/month

154 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • Dining Room
  • Laundry Room

About This Home

As of April 2022

This home is located at 5221 S May St, Chicago, IL 60609 since 23 September 2021 and is currently estimated at $105,552, approximately $128 per square foot. This property was built in 1885. 5221 S May St is a home located in Cook County with nearby schools including Sherman School of Excellence and Visitation Catholic School.

Last Listed By

Rahpheal Hunter

@properties Christie's International Real Estate License #475159737 Listed on: 09/23/2021

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1885

Lot Details

  • 3,101 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 820 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,125

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 820
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 58000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.0712
  • Lot Dimensions: 3100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1125.46
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Mar 17, 2022
Sold by
Sanyaolu Ayodeji Oluyomi and Estate Of Ayodeji Oluyomi Sanyaolu
Bought by
Sanyaolu Abike O
Seller's Agent
Rahpheal Hunter
@properties Christie's International Real Estate
Buyer's Agent
Andres Olaez
RE/MAX MI CASA
Sold Price
$48,000
Total Days on Market
154
Current Estimated Value
$105,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,552
Avg. Annual Appreciation
14.45%

Purchase Details

Closed on
Oct 27, 2004
Sold by
Jackson Sammie
Bought by
Sanyaolu Ayodeji and Sanyaolu Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
5.71%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanyaolu Abike O $48,000 Chicago Title
Sanyaolu Ayodeji $56,500 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanyaolu Ayodeji $81,900
Previous Owner Sanyaolu Ayodeji $56,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $48,000 0.0% $59 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
01/05/2022 01/05/22 For Sale -- -- --
12/21/2021 12/21/21 Off Market $48,000 -- --
12/21/2021 12/21/21 For Sale -- -- --
09/24/2021 09/24/21 Off Market $48,000 -- --
09/23/2021 09/23/21 For Sale $72,000 -- $88 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $720 $5,200 $930 $4,270
2023 $720 $3,500 $2,015 $1,485
2022 $720 $3,500 $2,015 $1,485
2021 $704 $3,500 $2,015 $1,485
2020 $1,125 $5,052 $2,015 $3,037
2019 $1,141 $5,677 $2,015 $3,662
2018 $1,121 $5,677 $2,015 $3,662
2017 $1,461 $6,788 $1,860 $4,928
2016 $1,360 $6,788 $1,860 $4,928
2015 $1,244 $6,788 $1,860 $4,928
2014 $1,090 $5,874 $1,705 $4,169
2013 $1,068 $5,874 $1,705 $4,169
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11227766

Midwest Real Estate Data (MRED)

APN: 20-08-409-009-0000