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8040 S May St
Pending
Single Family
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$245,000

$153/sqft

8040 S May St, Chicago

79% below median
3 bd·2 ba·1,600 sqft
Built 1914Auburn Gresham

8040 S May St, Chicago, IL

3 bd · 2 ba · 1,600 sqft Single Family listed at $245,000, built in 1914 in the Auburn Gresham neighborhood.

About this home

Spacious Chicago bungalow featuring 6 bedrooms, 2 full bathrooms, beautiful hardwood floors, and a spacious finished basement. This move-in ready home offers ample space for large households, home offices, or multigenerational living. Located in the Auburn Gresham neighborhood near parks, shopping, schools, and public transportation, with easy access to CTA buses, the 79th St Red Line, and the Dan Ryan Expressway. A great starter home with room to grow! Schedule your private tour today!

Property details

Price
$245,000
Bedrooms
3
Bathrooms
2
Interior
1,600 sqft
Price / sqft
$153
Year built
1914
Type
Single Family
Days on market
135
Est. property tax
$5,096/yr · $425/mo · 2.08% IL avg
Last sold
$215,000 · Mar 2007

Estimated monthly payment

Down payment20% ($49,000)
Interest rate6.75%
Principal & Interest$1,271
Property Tax$225
Insurance$150
Total$1,646/mo

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Price history

▼ 2%Most recent change on 2026-01-30: $250,000 → $245,000.

$263K$188K$113K$125K on Jan 06 (Sold)$175K on May 06 (Sold)$215K on Mar 07 (Sold)$250K on Nov 25 (Initial list)$250K on Dec 25 (Initial list)$245K on Jan 26 (Price change)
$125K · Jan 06$245K · Jan 26
  1. Jan 30, 2026$245,000Price change
  2. Dec 11, 2025$250,000Initial list price
  3. Nov 19, 2025$250,000Initial list price
  4. Mar 2, 2007$215,000Sold
  5. May 5, 2006$175,000Sold
  6. Jan 13, 2006$125,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 8040 S May St, Chicago
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Home Intelligence

Neighborhood (zip 60620)

Median age is 39.1; 12% hold a bachelor's degree; 49% of homes are owner-occupied; median household income is $46,472.

Median income
$46,472
Median age
39.1
Owner-occupied
48.6%
Bachelor's degree
11.9%
Census median home value
$177,500

Source: US Census Bureau American Community Survey 5-year estimates.

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