$99,900

beds

baths

1,200

square ft

7241 S Carpenter Street

Chicago, Illinois 60621

New / MLS #12654542 / Single Family / Englewood

Listing information updated 5/21/2026 at 6:04am

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.

Full Features

Architecture Style:

Bungalow

Exterior Type:

Brick

Basement:

Finished,Full,Walk-Out Access

Beds Above Grade:

Beds Below Grade:

Cooling System:

None

Heating System:

Natural Gas

Main Level Primary Bedroom:

Pool:

Age:

100+ Years

Parking Type:

Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

1,200

Lot Size:

Less Than .25 Acre

Acreage:

0.0717

Room Information

Living Room:

12x15 - Main

Dining Room:

12x13 - Main

Kitchen:

10x11 - Main

Family Room:

N/A

Primary Bedroom:

12x14 - Second Level

2nd Bedroom:

11x11 - Second

3rd Bedroom:

11x10 - Main

4th Bedroom:

11x11 - Main

Bedroom 5:

10x10 - Basement Level

Bedroom 6:

10x10 - Basement Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$1,160

Tax Year:

2023

Location

Zip Code:

60621

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Bungalow

Exterior Type:

Brick

Basement:

Finished,Full,Walk-Out Access

Beds Above Grade:

Beds Below Grade:

Cooling System:

None

Heating System:

Natural Gas

Main Level Primary Bedroom:

Pool:

Age:

100+ Years

Parking Type:

Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

1,200

Lot Size:

Less Than .25 Acre

Acreage:

0.0717

Living Room:

12x15 - Main

Dining Room:

12x13 - Main

Kitchen:

10x11 - Main

Family Room:

N/A

Primary Bedroom:

12x14 - Second Level

2nd Bedroom:

11x11 - Second

3rd Bedroom:

11x10 - Main

4th Bedroom:

11x11 - Main

Bedroom 5:

10x10 - Basement Level

Bedroom 6:

10x10 - Basement Level

Laundry:

N/A Level

Tax Amount:

$1,160

Tax Year:

2023

Zip Code:

60621

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Village Realty, Inc.

Listing Office Phone: 708.478.1212

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/21/2026 at 6:04am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.