Welcome to this beautifully remodeled 5-bedroom, 3-bathroom single-family home spanning three spacious levels! The main level features a generous living room, formal dining room, and a brand-new kitchen with modern cabinetry, quartz countertops, a full backsplash, and brand-new appliances. The spa-like bathroom is beautifully appointed with modern full-wall tile. An additional flex room provides the perfect space for a breakfast area, home office, playroom, or other needs.The fully finished upper level offers additional bedrooms and a full bathroom, while the finished basement provides two additional bedrooms along with a spacious family room or entertainment area. Enjoy numerous updates throughout the home, including new light fixtures, ceiling fans, flooring, roof, gutters, windows, kitchen, and bathrooms. Thoughtfully updated and move-in ready, this home combines modern style with plenty of space and functionality. Conveniently located near Walmart, grocery stores, restaurants, I-90/I-94, and more. Don't miss the opportunity to make this beautifully updated home your own!
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Stagg Elementary School
Public PreK-8 • Assigned • 0.2mi
4/10
Provided by GreatSchools
About
Englewood
Englewood, located between Washington Park and West Englewood, is a historic and residential Chicago neighborhood with a grid of classic brick two-flats and broad commercial corridors. The neighborhood’s energy concentrates along West 63rd Street near South Halsted Street, where storefront blocks, murals, and corner shops set a street-level rhythm. Hamilton Park’s fieldhouse and greenspace give the area a strong civic anchor. Kennedy-King College adds a campus presence and steady daytime motion along 63rd. The Englewood Square development frames a modern retail-and-services node beside the college. Side streets mix worker cottages, greystones, and tidy bungalows, creating a grounded, architectural patchwork.
Provided by Walk Score and Local Logic
Market insights
7241 S Carpenter St · $225,000
SALE-TO-LIST
100.1%
Most homes are selling 0% above list price.
LIST PRICE
$225,000
Median sale price in this area is $399,175. (77% higher than this home)
PRICE DROP
0 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Finished full basement
10 total rooms
Bedrooms
3 bedrooms (2 additional potential bedrooms below grade, total possible 5)
Master bedroom on second level
Bathrooms
3 full bathrooms
Bathroom(s) located in basement
Kitchen
Kitchen on main level
Laundry & utility
Laundry room
Heating & cooling
Natural gas heating
Central air conditioning
Exterior features
Lot dimensions approximately 25 x 124
Less than 0.25 acre lot
Home design
Detached single-family home
1.5-story design
Fee simple ownership
Home over 100 years old
Built before 1978
Parking
Off-street parking for 2 cars
Construction
Brick construction
Utilities
Public water
Public sewer
HOA & community
No master association fee required
Other
Property located within Chicago corporate limits
Directions: 71st east/west to Carpenter (1000 west), then south to address
Electricity and solar
View estimated energy costs and solar savings for this home
UPDATE SHOWINGS allowed upon request. TENANT VACATING 6/20. 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 and vacate before. Sold AS-IS. A cash sale is strongly preferred.
MRED as Distributed by MLS Grid #12647902
May 21, 2026
Listing Removed
—
MRED as Distributed by MLS Grid #12643373
May 13, 2026
Listing Removed
—
MRED as Distributed by MLS Grid #10963825
Jan 13, 2021
Listing Removed
—
MRED as Distributed by MLS Grid #10945524
Jan 4, 2021
Listing Removed
—
MRED as Distributed by MLS Grid #07958353
Jul 5, 2012
Sold (MLS) (Closed Sale)
$11,000
$10/sq ft
Dec 27, 2011
Contingent
—
Dec 10, 2011
Listed (New)
$9,900
$9/sq ft
MRED as Distributed by MLS Grid #07910714
Nov 28, 2011
Listing Removed
—
Year
Property tax
Land + Additions
Assessment*
2023
$1,160 (+2.6%)
$938 + $5,863
$6,801
2022
$1,131 (+2.3%)
$2,031 + $3,468
$5,499
2021
$1,106 (−15.6%)
$2,031 + $3,468
$5,499
2020
$1,311 (−0.2%)
$2,343 + $3,541
$5,884
2019
$1,314 (+1.7%)
$2,343 + $4,195
$6,538
2018
$1,291 (−45.1%)
$2,343 + $4,195
$6,538
2017
$2,350 (+7.5%)
$2,031 + $8,887
$10,918
2016
$2,187 (+9.3%)
$2,031 + $8,887
$10,918
2015
$2,000 (+42.9%)
$2,031 + $8,887
$10,918
2014
$1,400 (−11.7%)
$1,875 + $5,672
$7,547
2013
$1,586 (+1.3%)
$1,875 + $6,847
$8,722
2012
$1,565 (−16.4%)
$1,875 + $6,847
$8,722
2011
$1,871 (−0.4%)
$2,343 + $9,204
$11,547
2010
$1,879 (+4.4%)
$2,343 + $9,204
$11,547
2009
$1,801 (−2.5%)
$2,343 + $9,204
$11,547
2008
$1,846 (+1.0%)
$2,374 + $10,497
$12,871
2007
$1,828
$2,374 + $10,497
$12,871
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1.5
Lot width
—
Lot depth
—
Lot size
3,125 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,120
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,120
Year built
1923
Style
Single Family Residential
County
Cook County
APN
20292110150000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Climate risks
4/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60621
Average low and high temperatures (°F)
30
18
39
25
54
36
61
44
67
52
80
65
85
71
81
67
78
62
66
53
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
61/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.8 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7241 S Carpenter St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $125,000 and $315,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $125K to $315K.