16 days on rocket

7940 S Carpenter St, Chicago, IL, 60620

$137,500

Home List Price

$1,633*

Closing Credit

5 Bedrooms
2 Baths
House

Location

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7940 S Carpenter St, Chicago$137,500

Buyer Closing Credits

$1,633*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1913
HeatingNatural Gas
BasementYes
MLS #12203402
StatusActive

About 7940 S Carpenter St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1913

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (312) 981-5500
  • Listing Agent: Matthew Shrake

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: 80th St (8000S) to Carpenter St (1130W), south to this great property at 7940 S Carpenter St

Price Information

Listing Price Info

Price Summary:

  • List Price: $137,500

Tax Information:

  • Annual Amount: $1,866
  • Tax Year: 2019
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Housing Market Comparison

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

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

7940 S Carpenter St vs Chicago

16 DAYS ON ROCKET

-16 Days

$137,500

-$222.8K Less

KEY TAKEAWAY

This property is $222.8K less 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: #12203402

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (312) 981-5500
  • Listing Agent: Matthew Shrake

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.

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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

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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, 11:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 08, 2019Home Sold
$66,000
Aug 06, 2001Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2019$1,866$12,715
2018$1,833$12,715
2017$2,105$13,157

History based on county public records data.

Payment Calculator

$754

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$479

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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-279191
8
/10
  • Cics - Loomis Primary Campus

  • 9535 S Loomis St

  • 2.04 miles

  • Public Charter Grades KG-2

school-card-donut-279192
5
/10
  • Brownell Elementary School

  • 6741 S Michigan Ave

  • 2.15 miles

  • Public District Grades PK-6

school-card-donut-279193
4
/10
  • Pirie Fine Arts and Academic Center Elementary School

  • 650 E 85th St

  • 2.25 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,509. Residents of Chicago, IL typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7940 S Carpenter St

What is the listing price of this property?

The listing price of 7940 S Carpenter St property is $137,500.

What type of property is this?

The property 7940 S Carpenter St is a house located in Chicago, Illinois, 60620.

Is this property for sale now?

Active Listing: 7940 S Carpenter St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,866 (source: MLS/based on county public records data).

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

The last sale was on November 8, 2019 for $66,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7940 S Carpenter St has 5 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 7940 S Carpenter St is 1913.

Rocket Homes›Illinois›Cook County›Chicago›60620›7940 S Carpenter St

This home is located at 7940 S Carpenter St in Chicago, IL and zip code 60620 in the Far Southwest Side neighborhood. This home was built in 1913. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $137,500.

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. In October 2024 in Chicago, IL there were 14.5% more homes for sale than in September 2024. In October 2024 median list price was $360,336 and the average listing age was 32 days.

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

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