This two-flat building is a fantastic opportunity for investors looking for a larger rehab project, but what an opportunity it is on a beautiful cul-de-sac block. The property offers solid brick construction and a full basement, providing a great foundation for your renovation ideas. Both units boast open layouts with ample living space. This property presents a unique chance to create a customized living space or a profitable rental investment in a vibrant and growing community. Located in the Auburn Gresham neighborhood, this property is close to several amenities. Nearby Foster Park offers green spaces and recreational facilities, perfect for outdoor activities. The area is well-served by public transportation, with easy access to bus routes and the nearby 79th Street Red Line station. Great opportunity to have your tenants help cover your mortgage (and more!) while this neighborhood continues to gain value. Seller welcomes buyer brokers.
Closed
$75,000
7940 S Carpenter St, Chicago, IL 60620
5beds
--sqft
Multi Family
Built in 1913
-- sqft lot
$256,300 Zestimate®
$--/sqft
$1,744 Estimated rent
Home value
$256,300
$190,000 - $326,000
$1,744/mo
Zestimate® history
Owner options
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$1,744/mo
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$1,744/mo
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$441/mo
Est. payment
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$441/mo
Est. payment
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List your homeWhat's special
Open layoutsSolid brick constructionAmple living spaceCustomized living spaceFull basementNearby foster park
Zillow last checked:
Listing updated:
Listing courtesy of:
Matt Shrake 773-294-2667,
Coldwell Banker Realty,
Chanee Roby 773-456-9024,
Coldwell Banker Realty
Bought with:
Matt Shrake
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12203402
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site
Lot
- Size: 3,125 sqft
- Dimensions: 25X125
Details
- Parcel number: 20322020250000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2024 | Sold | $75,000-45.5% |
Source:  MRED as distributed by MLS GRID #12203402 Report a problem | ||
| 11/23/2024 | Contingent | $137,500 |
Source: MRED as distributed by MLS GRID #12203402 Report a problem | ||
| 11/4/2024 | Listed for sale | $137,500-8.3% |
Source: MRED as distributed by MLS GRID #12203402 Report a problem | ||
| 10/10/2024 | Listing removed | $150,000 |
Source: MRED as distributed by MLS GRID #12180428 Report a problem | ||
| 10/4/2024 | Listed for sale | $150,000+127.3% |
Source: MRED as distributed by MLS GRID #12180428 Report a problem | ||
| 11/6/2019 | Sold | $66,000-7% |
Source: MRED as distributed by MLS GRID #10149506 Report a problem | ||
| 10/22/2019 | Pending sale | $71,000 |
Source: CENTURY 21 S.G.R., Inc. #10149506 Report a problem | ||
| 9/20/2019 | Listed for sale | $71,000 |
Source: CENTURY 21 S.G.R., Inc. #10149506 Report a problem | ||
| 2/20/2019 | Pending sale | $71,000 |
Source: CENTURY 21 S.G.R., Inc. #10149506 Report a problem | ||
| 2/11/2019 | Price change | $71,000-5.3% |
Source: CENTURY 21 S.G.R., Inc. #10149506 Report a problem | ||
| 1/7/2019 | Price change | $75,000-5.1% |
Source: CENTURY 21 S.G.R., Inc. #10149506 Report a problem | ||
| 12/4/2018 | Listed for sale | $79,000-41.5% |
Source: CENTURY 21 S.G.R., Inc. #10149506 Report a problem | ||
| 8/6/2001 | Sold | $135,000+69.8% |
Source: Public Record Report a problem | ||
| 9/26/1994 | Sold | $79,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $13,001 +18.2% |
| 2023 | $2,321 +2.6% | $10,999 |
| 2022 | $2,262 +2.3% | $10,999 |
| 2021 | $2,212 -11.3% | $10,999 -1.7% |
| 2020 | $2,493 +33.6% | $11,189 -12% |
| 2019 | $1,866 +1.8% | $12,715 |
| 2018 | $1,833 -12.9% | $12,715 -3.4% |
| 2017 | $2,106 -1.4% | $13,157 |
| 2016 | $2,135 +10.6% | $13,157 |
| 2015 | $1,930 +11.1% | $13,157 +10.2% |
| 2014 | $1,738 +2.7% | $11,935 |
| 2013 | $1,692 -0.1% | $11,935 |
| 2012 | $1,694 -5.7% | $11,935 -21.1% |
| 2011 | $1,796 +7.4% | $15,123 |
| 2010 | $1,672 +16.7% | $15,123 |
| 2009 | $1,433 -17.7% | $15,123 -19.8% |
| 2008 | $1,742 +26.2% | $18,857 |
| 2007 | $1,380 +11.3% | $18,857 |
| 2006 | $1,239 -5.1% | $18,857 +40.5% |
| 2005 | $1,307 +1.9% | $13,417 |
| 2004 | $1,282 -39.6% | $13,417 |
| 2003 | $2,123 +30.6% | $13,417 +48.3% |
| 2002 | $1,625 +3.8% | $9,046 |
| 2001 | $1,566 +26.2% | $9,046 |
| 2000 | $1,241 | $9,046 +6.9% |
| 1999 | -- | $8,462 |
Find assessor info on the county website
Neighborhood: Gresham
Nearby schools
GreatSchools rating
- 4/10Oglesby Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Hirsch Metropolitan High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Oglesby Elementary School
- Middle: Oglesby Elementary School
- High: Hirsch Metropolitan High School
- 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
$256,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$256,300
- Illinois
- Cook County
- Chicago
- 60620
- Gresham
- 7940 S Carpenter St
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