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$100,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,200 Sq. Ft.
  • 1 Car Garage
  • Updated 3 days ago
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Investor Special Near Sherman Park - Great Flip Opportunity! This 2-bedroom, 1-bathroom home is a prime opportunity for investors and seasoned flippers looking for their next project. Located near Sherman Park, this property offers excellent potential in a rapidly growing area. The interior is gutted, with major systems nearly complete, including plumbing, electrical, and furnace installation. The location and progress already made on this property make it a smart addition to any investment portfolio.

Full Property Details for 5247 S May St

General

  • Price: $100,000
  • Taxes: $39 (2023)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12514719
  • Updated: 1/13/2026
  • Added to Site: 67 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Yes, Detached, Garage

Location

  • Area: CHI - New City
  • County: Cook
  • Township: Lake
  • Driving Directions: South of Garfield Blvd, East of Ashland

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: Central Air Conditioning, None
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Square Feet: 1,200
  • Sq. Ft. Source: Estimated
  • Year Built: 1888
  • Built Before 1978: Yes

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 60 x 120

Financial Considerations

  • Assessment Year: 1888
  • Tax Amount: $39
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 20084090190000

Listed by Realty of America, LLC

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— 5247 S May St —

  • Realty of America, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5247 S May St

School District:Chicago Public School District 299
NameGradesDistance
Sherman School of Excellence
1000 West 52nd Street, Chicago, IL 60609
PK-80.2 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 5247 S May St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$100,000
-16.67%
MLS
11/10/2025
Listed
$120,000
200%
MLS
3/22/2023
Sold
$40,000
—
Public Record
Get Price Alerts and Save Property
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 for 5247 S May St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$39
144%
$3,500
—
2022
$16
-53%
$3,500
—
2021
$34
-92%
$3,500
-30%
2020
$425
-4%
$5,008
-11%
2019
$442
2%
$5,627
—
2018
$433
-40%
$5,627
-16%
2017
$720
-15%
$6,721
—
2016
$846
13%
$6,721
—
2015
$751
25%
$6,721
16%
2014
$599
4%
$5,798
—
2013
$576
-3%
$5,798
—
2012
$593
—
$5,798
—
View All
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 for 5247 S May St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Realty of America, LLC

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5247 S May Street, Chicago, IL 60609 (MLS# 12514719) is a Single Family property with 2 bedrooms and 1 full bathroom. 5247 S May Street is currently listed for $100,000 and was received on November 10, 2025. Want to learn more about 5247 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.

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