RDM Group Chicago

7241 S Carpenter Street, Chicago, IL, 60621

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$99,900
New Listing

7241 S Carpenter Street
Chicago, IL 60621

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
1,200
SqFt
$83
/SqFt
1920
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Village Realty, Inc.
Call Now: 312-566-7107
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312-566-7107
7241 S Carpenter Street7241 S Carpenter Street7241 S Carpenter Street7241 S Carpenter Street
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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 possession. Sold AS-IS. Seller will make no repairs. A cash sale is preferred.

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Listing Snapshot
Price 
$99,900
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
1,200 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.0717 Acres
Year Built 
1920
MLS® Number 
12654542
Status 
Active
Property Tax 
$1,160
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
7 hours agoListing first seen on site
General Features
Acres 
0.0717
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Style 
Bungalow
Water Source 
Public
Interior Features
Basement 
FinishedFullWalk-Out Access
Heating 
Natural Gas
Bedroom 2 
Dimensions - 11X11Level - Second
Bedroom 3 
Dimensions - 11X10Level - Main
Bedroom 4 
Dimensions - 11X11Level - Main
Bedroom 5 
Dimensions - 10X10Level - Basement
Bedroom 6 
Dimensions - 10X10Level - Basement
Dining Room 
Dimensions - 12X13Level - Main
Family Room 
Kitchen 
Dimensions - 10X11Level - Main
Laundry 
Living Room 
Dimensions - 12X15Level - Main
Master Bedroom 
Dimensions - 12X14Level - Second
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - Englewood
School District 
299
Township 
South Chicago
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Village Realty, Inc.



Based on information submitted to the MLS GRID as of 2026-05-21 02:31 PM UTC. 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 checked: 2026-05-21 02:31 PM UTC
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Neighborhood & Commute
Source: Walkscore
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