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$99,900 Just Listed
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Property Description
*UPDATE SHOWINGS allowed upon request. 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 possesion-unless we give her enough time I.e 30 days. Sold AS-IS. A cash sale is strongly preferred.
Full Property Details
Full Property Details for 7241 S Carpenter St
General
- Price: $99,900
- Taxes: $1,160 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12654542
- Updated: 5/22/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 6
- Bedrooms(Blw Grade): 2
Parking
- Total Spaces: 2
- Parking Features: Yes, Owned
Location
- Area: CHI - Englewood
- County: Cook
- Township: South Chicago
- Driving Directions: 71st e/w to Carpenter (1000west)to carpenter south to address
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Bungalow
- Architectural Style: Bungalow
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out Access
- Square Feet: 2,000
- Sq. Ft. Source: Estimated
- Year Built: 1920
- Built Before 1978: Yes
- Remodeled/Updated: 2012
Lot Features
- Lot Size (Acres): 0.0717
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1920
- Tax Amount: $1,160
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20292110150000
Listed by Village Realty, Inc.
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Schools
Schools serving 7241 S Carpenter St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Stagg Elementary School 7424 South Morgan Street, Chicago, IL 60621 | K-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7241 S Carpenter St
Date
Details
Price
Change
Source
5/21/2026
Listed
$99,900
808.18%
MLS
7/03/2012
Sold
$11,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7241 S Carpenter St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,160
—
$6,801
24%
2023
$1,160
3%
$5,499
—
2022
$1,131
2%
$5,499
—
2021
$1,106
-16%
$5,499
-7%
2020
$1,311
—
$5,884
-10%
2019
$1,314
2%
$6,538
—
2018
$1,291
-45%
$6,538
-40%
2017
$2,350
7%
$10,918
—
2016
$2,187
9%
$10,918
—
2015
$2,001
43%
$10,918
45%
2014
$1,400
-12%
$7,547
-13%
2013
$1,586
1%
$8,722
—
2012
$1,565
—
$8,722
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7241 S Carpenter St
7241 S Carpenter Street, Chicago, IL 60621 (MLS# 12654542) is a Single Family property with 6 bedrooms and 3 full bathrooms. 7241 S Carpenter Street is currently listed for $99,900 and was received on May 21, 2026. Want to learn more about 7241 S Carpenter Street? Do you have questions about finding other Single Family real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

