7241 S Carpenter St, Chicago, IL 60621
- Beds
- 4
- Baths
- 3
- Sqft
- 2,000
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of bedrooms
- 4
- Number of bathrooms
- 3
- Square feet
- 2,000
- Lot size (acres)
- 0.07
- Year built
- 1920
Utilities
- Heating
- Natural Gas
- Cooling
- None
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2023)
- $1,160
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12654542 Last checked: …
Based on information submitted to the MLS GRID as of . 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.