7241 S Carpenter St

Chicago, IL 60621
  • $99,900

    Price
  • 4

    Bed
  • 3

    Bath
  • 2,000

    SqFt

About the Listing 28949 - 262379

UPDATE SHOWINGS allowed upon request. TENANT VACATING 6/20. INVESTOR SPECIAL! Massive value-add opportunity on this oversized brick bungalow with 6 bedrooms, 3 full bathrooms, finished attic, and finished basement - priced WELL below market value with strong upside potential. Situated on a quiet residential street. Estimated ARV: $250K-$300K. This property offers multiple levels of finished living space and strong income potential for savvy investors, rehabbers, and landlords. Main level features 2 bedrooms, a full bath, family room, dining room, kitchen, and a dedicated laundry room. Finished attic includes 2 additional bedrooms and full bath. Finished basement includes a second kitchen area, 2 bedrooms, storage closet and full bath - ideal for extended living arrangements or maximizing rental potential. Recent improvements include: Front family room windows replaced in 2024 New Water heater installed January 2024. Solid brick construction. Functional layout. Tremendous equity potential. Property is tenant occupied. Tenant will terminate lease at closing and vacate before. Sold AS-IS. A cash sale is strongly preferred.

Listing Highlights

Status Active
Days on Site 10
Property Type Residential
MLS ® 12654542
Year Built 1920
Total Square Footage 2,000
Lot/Acreage 0.07
County Cook
School District 299

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 25X125
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Owned

Financial Details

  • Tax Amount: $1,160
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20292110150000
  • Tax Year: 2023

Payment Calculator

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Questions About..

7241 S Carpenter St Chicago, IL 60621

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Originating MLS: mred

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