This property
$85,000
$85,000
Similar homes for sale
$86,950
$86,950
Recently sold homes
$82,500
$82,500
7520 S May St, Chicago IL 60620
1 ba 959 sqft Single-Family Home|
Sold for $85,000 on Mar 31st, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Full bathrooms | 1 |
| Price/sqft | $89 |
| Year built | 1921 |
| ZIP code | 60620 |
| Neighborhood | Auburn Gresham |
Public Records
| Street # | 7520 |
| Street | S May St |
| City | Chicago |
| ZIP code | 60620 |
| Baths | 1.0 |
| Year built | 1921 |
| Sqft | 959 sqft |
| Lot Size | 0.09 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 03/31/2009 | Sold | $85,000 | Public record |
Street view
Similar homes for sale
Average listing price is $86,950
Recently sold homes
Average sales price is $82,500
7236 S Paulina St, Chicago IL
Sold for $90,000 on 04/16/09
1 ba1,055 sqft
Single-Family Home
0.78 mi
| This home | ||
|---|---|---|
| Sales price: | $85,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $86,950 | -2% |
| Avg. sales price: | $82,500 | +3% |
| Avg. price/sqft: | $68 | +31% |
| Compared to Auburn Gresham | ||
|---|---|---|
| Avg. listing price: | $138,142 | -38% |
| Avg. sales price: | $90,407 | -6% |
| Avg. price/sqft: | $55 | +62% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $85,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $460,585 | -82% |
| Avg. sales price: | $302,073 | -72% |
| Avg. price/sqft: | $142 | -37% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Stagg Elementary School
Chicago Public School District 299 |
Public | 0.24 | ||
| Great school! My kids were taking the CTA to another school outside of the neighborhood but I kept hearing my friends saying that stagg was a good school… | ||||
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West Englewood Christian School
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Private | 0.26 | ||
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St Sabina School
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Catholic | 0.36 | ||
| My school is very good (academic wise) and the teachers are willing to help you but the children are very hectic!!! I an currently in the upper grades… | ||||
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Oglesby Elementary School
Chicago Public School District 299 |
Public | 0.41 | ||
|
Guggenheim Elementary School
Chicago Public School District 299 |
Public | 0.55 | ||
| I am a fromer student of this school. The guidance and leadership skills that were instilled in me to this day are very useful. I would like to thank all… | ||||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:7520 S May St, Chicago IL 60620 |
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Recent Q&A in Auburn Gresham, Chicago, IL
| Communities near 7520 S May St, Chicago | ||||||||||||||
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This Single-Family Home located at 7520 S May St, Chicago IL, 60620 sold for $85,000 on Mar 31, 2009. 7520 S May St is has 1 bath and approximately 959 square feet. The property has a lot size of 3,720 square feet and was built in 1921. 7520 S May St is in the Auburn Gresham neighborhood in Chicago, IL and in ZIP Code 60620. The most recent sale price of $85,000 is 2% lower than the average list price of $86,950 for similar homes for sale, 38% lower than the average list price of $138,142 for Auburn Gresham, 38% lower than the average list price of $136,919 for 60620, and 82% lower than the average list price of $460,585 for Chicago, IL. The most recent sale is 3% higher than the average sale price of $82,500 for similar homes for sale, 6% lower than the average sale price of $90,407 for Auburn Gresham sold homes, 11% lower than the average sale price of $95,327 for 60620 sold homes, and 82% lower than the average sale price of $302,073 for Chicago sold homes. 7520 S May St previously sold for $85,000 on Mar 31, 2009.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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