Classic Greystone. CHA Tenant on First Floor paying $1,254.00/month and CHA Tenant on Second Floor paying $1,335.00/month. Tenants in leases until 2023. Can be sold with 4-Unit Apartment Building located at 5709 S. Morgan (MLS#11454823). Please note that Proof of Funds are required before showing. Please also note that this property likely will not work for a live-in buyer because of long term leases.
Garfield to Aberdeen to 53rd to May
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The Median Sold Price for All Homes in Chicago is $349.4K
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In Southwest Side, around 45% of buildings are single detached homes, while small apartment buildings and duplexes are the main alternatives in the housing stock. Most of the housing growth in this community occurred prior to the 1960s. This area offers mainly two bedroom and three bedroom homes. Around 55% of the population of this community own their home whereas renters make up the remainder.
What is it like to live in Southwest Side, Chicago?
People who prefer a relaxed ambience will enjoy Southwest Side. This area is quiet overall, as there are usually low levels of noise from traffic - however noise can be an issue around the airport (Chicago Midway International Airport), one of the railway lines, Interstate 55 or Dan Ryan Expressway. Finally, there are over 50 parks close by for residents to relax in, like Kelly Park and Hamilton Park, making it easy to access them from the majority of locations in Southwest Side.
Is it easy to get around Southwest Side, Chicago without a car?
In this part of the city, locals will usually be able to reach primary as well as high schools by walking. Besides public schools, there are private elementary and secondary schools. When it comes to eating, a supermarket is usually reachable within a very short walk from most properties for sale in this part of the city. Likewise, those who like to dine in restaurants will have a fair number of opportunities, and there are also over 50 cafes in this community. It is also a rather short walk to a decent variety of clothing stores.
Transportation in Southwest Side, Chicago.
Southwest Side will please home buyers that appreciate a diversity of modes of transportation. Commuting by public transit is easy in this community. More specifically, there are a multitude of rapid transit stations on the Green Line, Orange Line and Red Line. There are approximately 40 bus lines crossing the community, and bus stops are commonly nearby. Driving is also a fairly good medium of transportation in Southwest Side. It is easy to park, and most homes for sale are a reasonably short drive from the nearest highway, such as Adlai Stevenson Expressway. It is straightforward for pedestrians to move around in Southwest Side; most daily needs are easy to carry out by walking.
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Frequently Asked Questions About 5314 S May St, Chicago, IL, 60609
What is the listing price of this property?
The listing price of 5314 S May St property is $299,000.
What type of property is this?
The property 5314 S May St is a house located in Chicago, Illinois, 60609.
Is this property for sale now?
Active Listing: 5314 S May St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5314 S May St are: Sherman Elementary School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $1,711 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 18, 2019 for $55,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5314 S May St has 6 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 5314 S May St is 1911.
This home is located at 5314 S May St in Chicago, IL and zip code 60609 in the Southwest Side neighborhood. This home was built in 1911. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 19, 2022 and is currently priced at $299,000. The neighbors living near this home have an average income of $27,604.
In August 2022 in Chicago, IL there were 9.7% more homes for sale than in July 2022. In August 2022, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $349,421. Chicago, IL housing market in August 2022 saw over 679 listings sold above listed price, more than 401 sold at listed price and over 1288 sold below. Most Chicago, IL residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
From Rocket Homes Real Estate and based on county public records data.