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$899,500 Just Listed
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Property Description
Exceptional opportunity to own a spacious single-family home on an extra-wide lot in a quiet cul-de-sac, located in the heart of Chicago's highly desirable Little Italy / UIC neighborhood. This expansive residence offers 5 bedrooms and 3 full bathrooms, providing ample room for comfortable living, multi-generational use, or strong investment potential. The home offers a functional layout with generously sized bedrooms and abundant storage throughout. The updated kitchen features stainless steel appliances, creating a space ideal for both everyday living and entertaining. Additional highlights include in-unit laundry, zoned central heating/cooling, water heater and a 2-car garage. An unfinished basement provides excellent storage space with potential for customization or expansion. Currently leased through July 2026, Garage Lease through September 2026. Ideally located just steps from the University of Illinois Chicago (UIC) campus, with easy access to Taylor Street dining, shopping, and nightlife, as well as convenient transportation options including I-90/94 and the Blue Line, allowing for a quick commute to downtown Chicago. Whether you're an owner-occupant or investor, this property offers size, location, zoning flexibility, and long-term upside in one of Chicago's most sought-after neighborhoods. Lot size is 28 x 112 and Zoned RT4. Sold AS-IS.
Full Property Details
Full Property Details for 702 S May St
General
- Price: $899,500
- Taxes: $17,945 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12618452
- Updated: 5/5/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Detached, Garage
Location
- Area: CHI - Near West Side
- County: Cook
- Township: West Chicago
- Driving Directions: South on Racine, East on Polk and North on May. 702 S. May is on a cul-de-sac.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Smyth Elementary School
- Middle School: Smyth Elementary School
- High School: Wells Community Academy Senior H
- Private School: Wells Community Academy Senior H
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, None, Daylight
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 3,876
- Sq. Ft. Source: Estimated
- Year Built: 1922
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.0709
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 28 x 112
- Lot Features: Cul-De-Sac
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1922
- Tax Amount: $17,945
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17174090540000
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Schools
Schools serving 702 S May St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Smyth J Elementary School 1059 West 13th Street, Chicago, IL 60608 | K-8 | 0.5 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 702 S May St
Date
Details
Price
Change
Source
5/04/2026
Listed
$899,500
35.67%
MLS
8/28/2019
Sold
$663,000
—
Public Record
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 702 S May St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,820
3%
$70,000
—
2022
$14,447
2%
$70,000
—
2021
$14,123
11%
$70,000
23%
2020
$12,732
12%
$56,962
-9%
2019
$11,374
-9%
$62,596
-16%
2018
$12,461
158%
$74,829
54%
2017
$4,836
-50%
$48,716
—
2016
$9,757
98%
$48,716
—
2015
$4,927
-23%
$48,716
23%
2014
$6,365
-5%
$39,626
—
2013
$6,729
-7%
$39,626
-2%
2012
$7,248
—
$40,390
—
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 702 S May St
702 S May Street, Chicago, IL 60607 (MLS# 12618452) is a Single Family property with 5 bedrooms and 3 full bathrooms. 702 S May Street is currently listed for $899,500 and was received on May 04, 2026. Want to learn more about 702 S May Street? Do you have questions about finding other Single Family real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

