Closed

$99,900

7241 Carpenter Street, Chicago, IL 60621
4 Beds3 Baths0 sqft10 days
7241 Carpenter Street·Chicago, IL 60621
4Bedrooms
3Bathrooms
0Sq Ft
1920Year Built
About This Home

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.

MLS# 12654542Listed May 21, 2026ResidentialBungalow
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Full Baths3
Half Baths0
Total Rooms9

Size & Structure

Living Area0 sqft
Year Built1920
Lot Size0.072 acres

Location

CountyCook
TownshipSouth Chicago
Zip Code60621

Financial

List Price$99,900
Annual Taxes (2023)$1,160
Monthly Tax Est.$97
Parcel #20292110150000
Interior Features

Heating

Natural Gas

Cooling

None

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesOwned
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None
Tax & Financial
Annual Taxes
$1,160
Tax Year 2023
Monthly Tax Est.
$97
per month
Property Location

7241 Carpenter Street, Chicago, IL 60621Cook County

$99,900
7241 Carpenter Street
4 bd3 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
10 days on market
0.072 acres
$1,160/yr taxes
$0 HOA (not applicable)
$622
estimated monthly payment
Principal & Interest
$525/mo
Property Tax
$97/mo
$99,900
20% — $19,980
3%50%
6.875%
3%12%
Loan Amount
$79,920
Down Payment
$19,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Village Realty, Inc.
Agent: Umber Hussain
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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