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$149,900
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Property Description
Excellent 1st time buyers or investment opportunity! This spacious 5-bedroom, 1.5-bath home is ideal for 1st time buyers or as a large family rental residence with room to grow. The main level offers four bedrooms and a full bath, while the mostly finished basement includes a generous family room, fifth bedroom, half bath, and ample storage. The oversized eat-in kitchen provides plenty of cabinet space and table room. Recent updates include brand new carpeting, newer roof (2020) and hot water heater (2023). The property sits on a fenced lot with a 6-foot chain-link fence-great for tenants or families seeking space and security. With high demand for large-unit rentals in the area, this property is ready to generate steady cash flow. Property is a great match for investors seeking rental property.
Full Property Details
Full Property Details for 5020 S May St
General
- Price: $149,900
- Taxes: $1,125 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12560928
- Updated: 2/11/2026
- Added to Site: 10 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 5
Location
- Area: CHI - New City
- County: Cook
- Township: Lake
- Driving Directions: 51st St east or west to May St. South to property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Radiant
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Partially Finished, Full, Walk-Out Access
- Square Feet: 1,107
- Sq. Ft. Source: Assessor
- Year Built: 1893
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1893
- Tax Amount: $1,125.29
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20082140310000
Listed by JMRI Corp
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Schools
Schools serving 5020 S May St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Sherman School of Excellence 1000 West 52nd Street, Chicago, IL 60609 | PK-8 | 0.3 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5020 S May St
Date
Details
Price
Change
Source
2/05/2026
Listed
$149,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5020 S May St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$844
3%
$3,999
—
2022
$823
2%
$3,999
—
2021
$804
-34%
$3,999
-27%
2020
$1,215
-1%
$5,452
-11%
2019
$1,231
2%
$6,126
—
2018
$1,210
-30%
$6,126
-24%
2017
$1,734
8%
$8,054
—
2016
$1,613
9%
$8,054
—
2015
$1,476
8%
$8,054
9%
2014
$1,369
2%
$7,377
—
2013
$1,342
1%
$7,377
—
2012
$1,324
—
$7,377
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5020 S May St
5020 S May Street, Chicago, IL 60609 (MLS# 12560928) is a Single Family property with 5 bedrooms, 1 full bathroom and 1 partial bathroom. 5020 S May Street is currently listed for $149,900 and was received on February 05, 2026. Want to learn more about 5020 S May Street? Do you have questions about finding other Single Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

