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Backup Offers

7731 S Carpenter St, Chicago, IL, 60620

$399,900

Home List Price

$4,749*

Closing Credit

7 Bedrooms
2 Baths
House

Location

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7731 S Carpenter St, Chicago$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1908
HeatingNatural Gas, Forced Air, Other
BasementYes
MLS #12170445
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Contingent)

About 7731 S Carpenter St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1908

Listing Office:

  • Office Name: Pearson Realty Group
  • Office Phone: (773) 325-2800
  • Listing Agent: Robert Linn

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Porch, Storms/Screens

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Other

Other

Directions Information:

  • Directions: 76th West to Carpenter South to Property address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900

Tax Information:

  • Annual Amount: $2,774
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

7731 S Carpenter St vs Chicago

56 DAYS ON ROCKET

+24 Days

$399,900

+$39.5K More

KEY TAKEAWAY

This property is $39.5K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12170445

Listing Office:

  • Office Name: Pearson Realty Group
  • Office Phone: (773) 325-2800
  • Listing Agent: Robert Linn

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 09, 2019Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2019$2,774$13,805
2018$2,726$13,805
2017$3,354$15,581

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-378001
5
/10

  • Brownell Elementary School

  • 6741 S Michigan Ave

  • 1.94 miles

  • Public District Grades PK-6

school-card-donut-378002
4
/10

  • Pirie Fine Arts and Academic Center Elementary School

  • 650 E 85th St

  • 2.31 miles

  • Public District Grades KG-6

school-card-donut-378003
8
/10

  • Cics - Loomis Primary Campus

  • 9535 S Loomis St

  • 2.31 miles

  • Public Charter Grades KG-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,833. Most Chicago, IL residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7731 S Carpenter St

What is the listing price of this property?

The listing price of 7731 S Carpenter St property is $399,900.

What type of property is this?

The property 7731 S Carpenter St is a house located in Chicago, Illinois, 60620.

Is this property for sale now?

Accepting Backup Offers: 7731 S Carpenter St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,774 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 9, 2019 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7731 S Carpenter St has 7 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 7731 S Carpenter St is 1908.

Rocket Homes›Illinois›Cook County›Chicago›60620›7731 S Carpenter St

This home is located at 7731 S Carpenter St in Chicago, IL and zip code 60620 in the Far Southwest Side neighborhood. This home, which was built in 1908, sits on a 0.09 acre lot. Features: 7 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $399,900.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. The number of homes for sale in Chicago, IL increased by 14.5% between September 2024 and October 2024. Listings spent 32 days on the market in October 2024, and had a median list price of $360,336 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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