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  • $399,900

    7731 S Carpenter St, Chicago, IL 60620

    7beds
    --sqft
    Multi Family
    Built in 1908
    -- sqft lot
    $437,500 Zestimate®
    $--/sqft
    $1,483 Estimated rent

    Home value

    $437,500

    $394,000 - $481,000

    $1,483/mo

    Zestimate® history
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    What's special

    Welcome to your dream investment opportunity! This stunning brick 2-flat in the sought-after Auburn Gresham neighborhood stands as a testament to modern elegance and functionality. Recently undergoing a complete refresh, this property features two meticulously updated units that combine contemporary design with ultimate comfort. Each unit offers a spacious layout with combined living and dining rooms: the first floor boasts three true bedrooms and an enclosed back porch, while the second floor features four true bedrooms as well as an enclosed back porch with storage, creating a welcoming haven for residents. The kitchens shine with sleek white shaker cabinets, elegant quartz countertops, and black fixtures, with every detail thoughtfully considered, ensuring a cohesive aesthetic. All carpet has been removed, and the property now features either refinished hardwood floors or durable low-maintenance vinyl planking, adding to the contemporary appeal and ease of upkeep. Significant upgrades have been made for peace of mind, including a brand-new furnace and AC unit in Unit 1, and freshly cleaned ducts in both units. Plus, added security with a Vivint home security system, with several months of free service included. The large, clean, and dry basement offers a blank canvas with immense potential, ideal for a comfortable in-law suite or additional living space. The seller, a skilled developer, is open to customizing this space according to the buyer's needs, whether it's for a home office, home theater, or something uniquely yours. The exterior boasts undeniable curb appeal, with a striking appearance that commands attention. Enjoy the luxurious touch of design tiles and durable hardwood flooring. The property has seen extensive upgrades, including new windows, doors, trims, tuckpointing, concrete sidewalks, iron fencing, and roof-all contributing to its standout quality. Situated in a rapidly appreciating area with new developments all around, this property is ideal for investors seeking lucrative returns or owner-occupants looking for rental income benefits. FHA and Fannie Mae both offer low down programs for 2-4 flats, making this an accessible and attractive investment opportunity. This 2-flat offers the best of both worlds in contemporary Chicago living.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Robert Linn 312-248-3111,

    Pearson Realty Group

    Bought with:

    Crystal Counts

    Village Realty, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12170445MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Soaking Tub
    Heating
    • Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
    Features
    • Windows: Screens
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 3,920 sqft
    Details
    • Parcel number: 20294190090000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Rubber,Flat
    Condition
    • New construction: No
    • Year built: 1908
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Community
    • Community features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/25/2024Sold$399,900
    Source: MRED as distributed by MLS GRID #12170445 Report a problem
    11/8/2024Contingent$399,900
    Source: MRED as distributed by MLS GRID #12170445 Report a problem
    9/26/2024Listed for sale$399,900
    Source: MRED as distributed by MLS GRID #12170445 Report a problem
    9/19/2024Listing removed$399,900
    Source: MRED as distributed by MLS GRID #11981007 Report a problem
    9/19/2024Listed for sale$399,900
    Source: MRED as distributed by MLS GRID #11981007 Report a problem
    6/21/2024Contingent$399,900
    Source: MRED as distributed by MLS GRID #11981007 Report a problem
    6/7/2024Listed for sale$399,900+5.5%
    Source: MRED as distributed by MLS GRID #11981007 Report a problem
    2/14/2024Listing removed--
    Source: MRED as distributed by MLS GRID #11963540 Report a problem
    1/25/2024Listed for sale$379,000
    Source: MRED as distributed by MLS GRID #11963540 Report a problem
    1/2/2024Listing removed--
    Source: MRED as distributed by MLS GRID #11942705 Report a problem
    12/6/2023Listed for sale$379,000
    Source: MRED as distributed by MLS GRID #11942705 Report a problem
    10/30/2023Contingent$379,000
    Source: MRED as distributed by MLS GRID #11849814 Report a problem
    9/15/2023Listed for sale$379,000
    Source: MRED as distributed by MLS GRID #11849814 Report a problem
    8/28/2023Contingent$379,000
    Source: MRED as distributed by MLS GRID #11849814 Report a problem
    8/24/2023Listed for sale$379,000+76.3%
    Source: MRED as distributed by MLS GRID #11849814 Report a problem
    8/3/2023Sold$215,000-30.6%
    Source: Public Record Report a problem
    9/4/2019Listing removed$309,900
    Source: RE/MAX City #10414746 Report a problem
    9/3/2019Listed for sale$309,900
    Source: RE/MAX City #10414746 Report a problem
    8/29/2019Sold$309,900
    Source: MRED as distributed by MLS GRID #10414746 Report a problem
    7/20/2019Pending sale$309,900
    Source: RE/MAX City #10414746 Report a problem
    6/13/2019Listed for sale$309,900+336.5%
    Source: RE/MAX City #10414746 Report a problem
    9/19/2018Sold$71,000+9.2%
    Source: Agent Provided Report a problem
    8/9/2018Pending sale$65,000
    Source: Premier Midwest Realty INC #10043515 Report a problem
    8/7/2018Listed for sale$65,000
    Source: Premier Midwest Realty INC #10043515 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $18,000
    2023$3,798 +2.6%$18,000
    2022$3,702 +2.3%$18,000
    2021$3,620 +33.8%$18,000 +48.2%
    2020$2,706 -2.4%$12,148 -12%
    2019$2,774 +1.7%$13,805
    2018$2,727 -18.7%$13,805 -11.4%
    2017$3,354 +247.3%$15,581
    2016$966 +4%$15,581
    2015$928 -65.6%$15,581 +7%
    2014$2,701 +192.5%$14,557
    2013$923 +6.8%$14,557
    2012$864 +2.1%$14,557 -15.5%
    2011$846 +10.6%$17,227
    2010$765 +6.6%$17,227
    2009$718 -6.9%$17,227 -19.1%
    2008$771 -50.3%$21,291
    2007$1,551 +71.9%$21,291
    2006$902 -13.9%$21,291 +59.6%
    2005$1,048 -4.8%$13,339
    2004$1,100 -7.7%$13,339
    2003$1,191 -31.3%$13,339 +16.2%
    2002$1,734 +6%$11,476
    2001$1,637 +15.8%$11,476
    2000$1,414 +0%$11,476 +22.6%
    1999$1,414 $9,359

    Find assessor info on the county website

    Neighborhood: Gresham

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $437,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $437,500