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$385,000
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Property Description
Welcome to this attractive remodeled brick 2-flat that offers a unique blend of character, space, and great investment potential. The property features a total of 7 bedrooms and 3 bathrooms across two well-appointed units. Both units have new laminate flooring throughout, with stunning chandeliers adorning the living rooms and dining rooms. All three bathrooms were remodeled with elegant ceramic tiling and nice finishing. The second unit offers 3 bright and spacious bedrooms and 1 full bath. The first unit spreads throughout the first floor and basement and includes 2 bedrooms, one bathroom in the upper level and two bedrooms, one bathroom in the basement. The basement also includes a spacious family room, and direct access to the backyard. A two-car parking pad is accessible from the alley. It's ready for immediate occupancy. The property has been well maintained and thoughtfully upgraded. Located close to major highways, public transit, and a variety of shops and restaurants. This home is ideally situated in a rapidly developing area. Whether you're a homeowner looking for rental income or an investor seeking a turn-key multi-unit building, this property is full of promise and possibility.
Full Property Details
Full Property Details for 7131 S Carpenter St
General
- Sold For: $385,000
- Taxes: $1,793 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12418137
- Added to Site: 219 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 2
- Parking Features: On Site
- Parking On-Site: Yes
Location
- Area: CHI - Englewood
- County: Cook
- Driving Directions: 71st St to Carpenter, South to Property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1913
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1913
- Tax Amount: $1,793.24
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20292030090000
Listed by REMAX Legends
Sold by Exit Strategy Realty
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Schools
Schools serving 7131 S Carpenter St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bond Elementary School 7050 South May Street, Chicago, IL 60621 | K-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7131 S Carpenter St
Date
Details
Price
Change
Source
10/21/2025
Sold
$385,000
—
MLS
7/24/2025
Price Reduced
$385,000
-3.51%
MLS
7/12/2025
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7131 S Carpenter Street, Chicago, IL 60621 (MLS# 12418137) is a Multi-Family property that was sold at $385,000 on October 21, 2025. Want to learn more about 7131 S Carpenter Street? Do you have questions about finding other Multi-Family real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

