IL
Cook
Chicago
60621
7241 S Carpenter Street
7241 S Carpenter Street, Chicago, IL 60621
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Listing Type
Single Family
Listing Status
Active
26
$99,900

Home Details for 7241 S Carpenter Street

Price
$99,900
Type
Residential
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Square feet
2000
Year built
1920
Lot size acres
0.0717
County
Cook
Total rooms
9
Basement
Finished, Full, Walk-Out Access
MLS Listing#
12654542
Property Description

*UPDATE SHOWINGS allowed upon request. 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 but may require short post-closing possesion-unless we give her enough time I.e 30 days. Sold AS-IS. A cash sale is strongly preferred.

Property Features
  • Basement
    • Finished
    • Full
    • Walk-Out Access
  • Cooling Information
    • None
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
Listing Courtesy: Village Realty, Inc. - 708-478-1212
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-05-22 04:41:15. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-05-22 04:41:15
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EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Unit 6 and 11, Chicago, IL 60643
Office
708 573 8801
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