7241 S Carpenter Street, Chicago, IL 60621 - Photo 1

1/1

$80,000

Sold
Closed
Single Family
6 Beds
3 Full Baths
2,000 Sq. Ft.

1/1

Property Description

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.

Full Property Details

Full Property Details for 7241 S Carpenter St

General

Sold For: $80,000
Taxes: $1,160 (2023)
Status: Closed
Type: Single Family
Source: MRED
MLS ID: 12654542
Added to Site: 49 day(s) ago

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
Driving Directions: 71st e/w to Carpenter (1000west)to carpenter south to address

School Information

School District: 299
Midd School District: 299

Community

Assoc. Fees Include: None

Heating & Cooling

Cooling Type: None
Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Architectural Style: Bungalow
Construction: Brick
Exterior Const.: Brick
Basement Desc.: Finished, Full
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

Disclosures and Reports

Ownership: Fee Simple
Property ID: 20292110150000

Listed by Village Realty, Inc.
Sold by Pretty Realty

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— 7241 S Carpenter St —

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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

6/23/2026

Sold

$80,000

-19.92%

MLS

5/21/2026

Listed

$99,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 1 day ago

3
Beds
2
Total Baths
1,056
Sq. Ft.

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Just Listed

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Condo
Active
Updated 18 hours ago

2
Beds
1
Total Bath
900
Sq. Ft.

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4
Beds
4
Total Baths
3,502
Sq. Ft.

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Just Listed

$234,000

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Condo
Active
Updated 46 minutes ago

2
Beds
2
Total Baths
1,100
Sq. Ft.

Listed by Kelly Rosales (312) 788-0325

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Price Reduced

-$5,000 (-1.22%)

$405,000

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Active
Updated 3 hours ago

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Price Reduced

-$20,000 (-4.76%)

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6
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Price Reduced

-$10,000 (-3.33%)

$289,900

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Single Family
Active
Updated 12 hours ago

3
Beds
2
Total Baths
1,143
Sq. Ft.

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Single Family
Active
Updated 1 day ago

3
Beds
1
Total Bath
1,151
Sq. Ft.

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$80,000

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Commercial
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$92,000

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Single Family
Closed

1
Bed
1
Total Bath
963
Sq. Ft.

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Sold

$75,000

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Single Family
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5
Beds
2
Total Baths
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6428 S Sangamon St, Chicago, IL 60621 - Photo 1

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5
Total Beds

7241 S Carpenter Street, Chicago, IL 60621 (MLS# 12654542) is a Single Family property that was sold at $80,000 on June 23, 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.

7241 S Carpenter St Chicago, IL 60621