7241 S Carpenter Street Chicago, IL $ 99,900
7241 S Carpenter Street
$ 99,900
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7241 S Carpenter Street

Chicago, IL, 60621
$ 99,900
Bedrooms6 Baths3.0 Sq 1,200

Monthly Estimate*

$ 615

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Single Family Home for sale in Chicago, IL

for $99,900 with 6 bedrooms and 3 full baths. This 1,200 square foot home was built in 1920 on a lot size of 0.0717.

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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Single Family Active

Price

$ 99,900

Bedrooms

6

Full Bath

3

Property Type

Single Family

Taxes

$ 1,160

Style

Bungalow

Lot Size

0.0717

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12654542

Features
General
Living Area 1200
Sewer Public Sewer
Heating Natural Gas
Cooling None
Possession Closing
HOA Fee 0
Association Fee Includes None
Architectural Style Bungalow
Construction Materials Brick
Year Built 1920
Township South Chicago
Tax Year 2023
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 9
Full Baths 3
Status New
Directions 71st e/w to Carpenter (1000west)to carpenter south to address
City Chicago
High School District 299
MLS Area CHI - Englewood
Tax Annual Amount 1160
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full Walk-Out Access
Half Baths 0
Total Bedrooms 4
Room Type Bedroom 5 Bedroom 6
Total Baths 3
Bedrooms Possible 6
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Exterior
Parking Features Yes Owned
Water Source Public
Total Parking 2
Lot Dimensions 25X125
Lot Size Acres 0.0717
Waterfront Y/N N
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* Excluded Features
List By
Village Realty, Inc.

Broker

umberhomesmart@gmail.com

Email

Affordability Calculator

$712
Per Month
86%
14%
0%
Monthly Principal & Interest
$615
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$99,900 Listed Price

Map


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7241 S Carpenter Street, Chicago, IL, 60621 is a Single Family Home for sale at $99,900 with 1,200 sqft and a lot size of 0.0717. 7241 S Carpenter Street has 6 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 60621 which is in Chicago, IL