BEDS6
BATHS3 full
SQUARE FEET1,200
MLS#12654542
STATUSNew
PROPERTY TYPEResidential - Single Family
SCHOOLDistrict 299
Property Description
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.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Finished, Full, Walk-Out Access
Cooling: None
Heating: Natural Gas
Home Style: Bungalow
Lot Size: 0.07 Acres
Taxes: $1,160
Year Built: 1920
Feature Descriptions
Additional rooms: Bedroom 5,Bedroom 6
Association Includes: None
Exterior: Brick
Lot Dimensions: 25X125
Parcel#: 20292110150000
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 9
Township: South Chicago
Water: Public
Room Sizes
Bedroom 5: 10X10
Bedroom 6: 10X10
Bedroom 2: 11X11
Bedroom 3: 11X10
Bedroom 4: 11X11
Dining Room: 12X13
Kitchen: 10X11
Living Room: 12X15
Primary Bedroom: 12X14
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Village Realty, Inc.
Agency Phone: 708-478-1212
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 579.58 per month $453.78 Principal & Interest $96.67 Property Tax $29.14 Homeowner's Insurance
7241 S Carpenter Street | MLS# 12654542
This single family home located at 7241 S Carpenter Street , Chicago, IL 60621 is currently listed for sale with an asking price of $99,900. This property was built in 1920 and has 6 bedrooms and 3 full baths with 1200 sq. ft. S Carpenter Street is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.