This property
$350,000
$350,000
Similar homes for sale
$392,317
$392,317
Recently sold homes
$337,167
$337,167
850 N May St, Chicago IL 60642
3 ba 3,564 sqft Multi-Family Home|
Sold for $350,000 on Feb 25th, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Full bathrooms | 3 |
| Price/sqft | $98 |
| Year built | 1884 |
| ZIP code | 60642 |
| Neighborhood | Goose Island |
Public Records
| Street # | 850 |
| Street | N May St |
| City | Chicago |
| ZIP code | 60642 |
| Baths | 3.0 |
| Year built | 1884 |
| Sqft | 3,564 sqft |
| Lot Size | 0.07 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 02/25/2009 | Sold | $350,000 | Public record |
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Similar homes for sale
Average listing price is $392,317
Recently sold homes
Average sales price is $337,167
1400-1416 W Chicago Ave, Chicago…
Sold for $400,000 on 06/03/09
1 ba2,360 sqft
Multi-Family Home
0.38 mi
947-951 N Ashland Ave, Chicago IL
Sold for $388,000 on 04/15/09
3 ½ ba2,750 sqft
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0.61 mi
| This home | ||
|---|---|---|
| Sales price: | $350,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $392,317 | -11% |
| Avg. sales price: | $337,167 | +4% |
| Avg. price/sqft: | $116 | -16% |
| Compared to Goose Island | ||
|---|---|---|
| Avg. listing price: | $472,382 | -26% |
| Avg. sales price: | $353,321 | -1% |
| Avg. price/sqft: | $186 | -47% |
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: | $350,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $460,585 | -24% |
| Avg. sales price: | $302,073 | +16% |
| Avg. price/sqft: | $142 | -31% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Suzuki - Orff School For Music
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Private | 0.12 | ||
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Carpenter Elementary School
Chicago Public School District 299 |
Public | 0.32 | ||
| I really like this school for my childern. The teachers here are very caring. I have had 3 of my girls start here since kindergarten and they really like… | ||||
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Peabody Elementary School
Chicago Public School District 299 |
Public | 0.41 | ||
| Very poor administrative leadership. More emphasis put on parent happiness than on teacher welfare. | ||||
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Near North Montessori School
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Private | 0.55 | ||
| Another reviewer took the words right out of my mouth. The changes in the school are extremely detrimental. Especially the executive staff members. It… | ||||
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St Stanislaus Kostka School
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Catholic | 0.58 | ||
| I went to St. Stan's as a child. And, I am proud that my son is now a student. The new principal has made a fantastic impact at St. Stan's- new curriculum,… | ||||
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:850 N May St, Chicago IL 60642 |
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Recent Q&A in Goose Island, Chicago, IL
| Communities near 850 N May St, Chicago | ||||||||||||||
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This Multi-Family Home located at 850 N May St, Chicago IL, 60642 sold for $350,000 on Feb 25, 2009. 850 N May St is has 3 baths and approximately 3,564 square feet. The property has a lot size of 3,024 square feet and was built in 1884. 850 N May St is in the Goose Island neighborhood in Chicago, IL and in ZIP Code 60642. The most recent sale price of $350,000 is 11% lower than the average list price of $392,317 for similar homes for sale, 26% lower than the average list price of $472,382 for Goose Island, 19% lower than the average list price of $433,773 for 60642, and 24% lower than the average list price of $460,585 for Chicago, IL. The most recent sale is 4% higher than the average sale price of $337,167 for similar homes for sale, 0.94% lower than the average sale price of $353,321 for Goose Island sold homes, and 24% lower than the average sale price of $302,073 for Chicago sold homes. 850 N May St previously sold for $350,000 on Feb 25, 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:
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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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