7241 S Carpenter Street
Chicago, IL 60621
6
Bed
3
Bath
2,000Sqft
0.07Acre(Lot)
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 maximizin
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 4 Room Types: Bedroom 5, Bedroom 6Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 9 -
Flooring Information
Construction Materials: Brick -
Heating & Cooling
Heating: Natural Gas Cooling: None WaterSource: Public
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Building Information
Year Built: 1920
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Lot Information
Lot Dimensions: 25X125 Lot Acres: 0.0717 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Style: Bungalow Sub Type: Detached Single Type Detached: 1.5 Story
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Listing Price Information
Original List Price:$99900
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Tax Information
Annual Tax: $1160 Tax Year: 2023 Parcel Number: 20292110150000 Tax Exemption: None
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Parking Information
Total Parking: 2 Yes, Owned Is Parking Included in Price: NoHomeowners Association Information
Included Fees: None
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Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
City: Chicago Direction: 71st e/w to Carpenter (1000west)to carpenter south to address
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7232 S Sangamon Street, Chicago, IL, 60621 | $219,000 | 5 | 2 | 3,125 | 3,125 SqFt |
| 6418 S May Street, Chicago, IL, 60621 | $259,900 | 3 | 2 | 2,207 | 2,207 SqFt |
| Undisclosed Address, Chicago, IL, 60621 | $85,000 | 4 | 2 | 2,718 | 2,718 SqFt |
| 6843 S Carpenter Street, Chicago, IL, 60621 | $274,999 | 7 | 3 | 1,970 | 1,970 SqFt |
| 7256 S Lowe Avenue, Chicago, IL, 60621 | $474,500 | 16 | 4 | -- | |
| 6936 S Aberdeen Street, Chicago, IL, 60621 | $304,900 | 7 | 3 | 2,450 | 2,450 SqFt |
| 7407 S May Street, Chicago, IL, 60621 | $95,595 | 4 | 2 | 1,260 | 1,260 SqFt |
| 7144 S May Street, Chicago, IL, 60621 | $57,500 | 3 | 1 | 880 | 880 SqFt |
| 6833 S Aberdeen Street, Chicago, IL, 60621 | $285,000 | 6 | 3 | 1,350 | 1,350 SqFt |
| 5652 S Shields Avenue, Chicago, IL, 60621 | $349,000 | 4 | 2 | 1,660 | 1,660 SqFt |
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ByOwner last updated this listing 06/14/2026 @ 06:20
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