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About This Home
This 5-bedroom, 3-bathroom single family at 702 S May Street in Chicago, IL is listed for $829,500 ($214 per sqft). Built in 1922, the home offers 3,876 sqft of living space on a 0.07 acres lot.
Location! Location! Location! Rare opportunity to own a spacious single-family home on an extra-wide lot tucked away in a quiet cul-de-sac in the heart of Chicago's sought-after 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. This home offers rare open exposures with unobstructed views and abundant natural light. The north elevation remains permanently open due to the adjacent UIC parking area, providing unrestricted skyline views of Chicago and ensuring no future construction will block the sunlight or outlook from the home.
Currently leased through 7/30/2026, Garage Leased through 9/30/2026. 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. Perfect for investors, rehabbers, or buyers seeking a full renovation project. Sold AS-IS.
Key Features
- Built in 1922
- 0.07 acre lot
- 2 stories
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,436/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
702 S May Street
Chicago, IL 60607
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom single family at 702 S May Street is listed at $829,500 ($214/sqft). The estimated monthly payment is $3,595 based on 20% down at 6.5% interest.
Key features include: Built in 1922, 0.07 acre lot, 2 stories, 2 parking spaces.
This property is listed by Hashim Hamsakutty and can be reached at (888) 574-9405 or hashim.hamsakutty@gmail.com.








