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5301 May Ave

Richmond, IL 60071

3 bd 2 ba 1,784 sqft Built 1967 Lot 7,144 sqft single_family
Most recent sale
$218,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $218,000 MLS #11403945
May 13, 2022 Listed $219,900 MLS #11403945
Mar 18, 2022 Sold $135,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $54,006 $16,609 $70,615 $4,432
2022 $44,453 $13,671 $58,124 $5,359
2021 $42,665 $13,121 $55,786 $4,170
2020 $41,052 $12,625 $53,677 $4,072
2019 $39,733 $12,219 $51,952 $4,001
2018 $38,091 $11,714 $49,805 $4,008
2017 $36,274 $11,155 $47,429 $3,961
2016 $34,009 $10,458 $44,467 $3,839
2015 $31,010 $9,536 $40,546 $3,613
2014 $31,364 $9,645 $41,009 $3,742
2013 $32,155 $9,888 $42,043 $3,608
2012 $33,533 $10,312 $43,845 $3,575
2011 $37,317 $11,476 $48,793 $3,870
2010 $46,802 $12,315 $59,117 $4,716
2009 $51,044 $13,431 $64,475 $4,592
2008 $49,683 $13,073 $62,756 $4,447
2007 $49,683 $13,073 $62,756 $4,330
2006 $48,742 $12,825 $61,567 $4,224

Property facts

Year built
1967
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,784 sqft
Lot size
7,144 sqft
ZIP code
60071
City
Richmond
Street
May Ave
Coordinates
42.47048, -88.30033

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,308
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5301 May Ave last sell?
5301 May Ave most recently sold on Jul 19, 2022 for $218,000.
What is the current tax assessment for 5301 May Ave?
The most recent total assessment for 5301 May Ave (year 2024) is $70,615 with $4,432 in property tax.
How does 5301 May Ave's assessment compare to its last sale price?
The current assessment is 67.6% below the last sale price of $218,000.
When was 5301 May Ave built?
5301 May Ave was built in 1967.
How does 5301 May Ave compare to others on May Ave?
We track 8 other properties on May Ave. Browse the list under "Other properties on May Ave" to compare beds, baths, and sale history.
What are the property facts for 5301 May Ave?
5301 May Ave is a 3 bed, 2 bath, 1,784 sqft, 7,144 sqft lot single_family.
Is 5301 May Ave a flip candidate?
Yes — 5301 May Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5301 May Ave a tax-appeal candidate?
No — 5301 May Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-10.2%
Implied 1-yr
-40.9%
2026 Q3
$64.4K
2026 Q4
$44.7K
ZIP 60071 — Median Price History + Forecast

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