7241 S Carpenter Street — Chicago, IL 60621
Active
Chicago, IL 60621

7241 S Carpenter Street

$99,900
4 beds · 3 baths · 2,000 sqft
Listed at $99,900 9 days on market $1,160/yr taxes
01About 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.

02Inside the home
03By the numbers
$99,900
List price
2,000
Square feet
4
Bedrooms
3 full
Bathrooms
1920
Year built
0.07 ac
Lot size
2
Garage spaces
$1,160
Annual taxes
Bungalow
Style
9
Days on market
04Features
Heating
Natural Gas
Cooling
None
Parking
Owned
Construction
Brick
Sewer
Public Sewer
05Neighborhood
  • Popeyes 0.5 mi
  • Checkers 0.7 mi
  • White Castle 0.8 mi
  • Burger King 0.8 mi
  • Subway 0.8 mi
  • Jamaican Jerk Villa 0.9 mi
  • Not Far From A Dollar 0.3 mi
  • Shell 0.3 mi
  • Falcon Mart 0.7 mi
  • BP Shop 0.7 mi
  • Citgo 0.7 mi
  • Food 4 Less 0.8 mi
  • Dr. Martin Luther King, Jr. Park 0.6 mi
  • Leland Giants Park 0.6 mi
  • Hamilton Park 0.7 mi
  • Saint Leo's Veteran's Garden 0.8 mi
  • Renaissance Park 0.9 mi
  • Murray Park 0.9 mi
  • Kusanya Cafe 0.5 mi
  • Dunkin' 0.7 mi
  • Brewer Coffee & Custard 0.8 mi
  • Momentum Coffee 1.2 mi
  • Starbucks 1.2 mi
  • Dunkin' 1.2 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 21, 2026
Listed for saleThis listing
Village Realty, Inc.
$99,900
Jul 5, 2012
Sold
Keller Williams Realty Chicago Consulting Group · 18 days on market
$11,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Village Realty, Inc. · Umber Hussain · 708-833-1901
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12654542
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