OFF MARKET

Off market feb 2024 for $230K

$259,794

Est. refi paymentEst. refi $1,833/mo

•

—

sq ft

7342 S Sangamon St, Chicago, IL 60621

About this home

This exceptional investment opportunity has become available again due to the buyer's financing falling through. Take advantage of this fully rehabilitated 2-unit building that offers a multitude of benefits. The property consists of two 3-bedroom, 1-bathroom units, each equipped with appliances, including a washer and dryer. Recently installed in 2022, the HVAC system provides individual heating and central air conditioning for each unit, ensuring comfort and efficiency. These units have been thoughtfully modernized with upgraded fixtures and contemporary finishes. Enjoy the elegance of the space as the abundant natural light shines through the cascading windows and bounces off the beautiful, hardwood floors. Distinctive features include separate front entrances and rear exits for both units, as well as a convenient 2-car parking pad. The walkout basement offers ample storage for the owner or tenants. Recently vacated by tenants, the units have been refreshed, making this building truly turnkey. It's ideal for an investor looking to rent out both units or a new homeowner who wants to live in one unit while earning rental income from the other, helping to offset the mortgage. The property has already undergone an FHA appraisal with no repair requirements, streamlining the process for prospective buyers. Don't miss this opportunity - schedule a viewing today to explore all that this property has to offer!

Multi-familyProperty Type

1895Year Built

3,049 sq ftLot Size

2 spacesParking

Listed by Marsha Green • Real People Realty

Bought with Ontonio Colon • eXp Realty - Geneva

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #11760802

Redfin Estimate

$259,794

$30K since sold in February 2024$35K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.5% higher than the average sale price ($251K) of 6 comparable homes.

SOLD MAY 27, 2026
$295,000
A
6 beds2 baths2,100 sq ft
7307 S Peoria St, Chicago, IL 60621
SOLD FEB 20, 2026
$296,000
B
6 beds2 baths— sq ft
7416 S May St, Chicago, IL 60621
SOLD MAY 21, 2026
$130,000
C
7 beds2 baths— sq ft
7216 S Green St, Chicago, IL 60621
SOLD SEP 4, 2026
$254,000
D
7 beds2 baths— sq ft
7123 S Green St, Chicago, IL 60621
SOLD DEC 29, 2025
$305,000
E
6 beds2 baths— sq ft
7223 S Union Ave, Chicago, IL 60621
SOLD JUL 1, 2026
$226,000
F
5 beds2 baths3,125 sq ft
7232 S Sangamon St, Chicago, IL 60621

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Earn from this home

Sell

$71,214

Est. take-home

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Refinance

Est. cash available

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Market trends in Englewood, IL

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.3%

+1.6% MoM

Median sale price

$215K

$18K MoM

Avg. days on market

80d

3 days MoM

Recently sold homes

4 MoM

New listings for sale

$430,000
8 beds4 baths— sq ft
6923 S Sangamon St, Chicago, IL 60621
$299,000
6 beds2 baths— sq ft
6923 S Parnell Ave, Chicago, IL 60621
OPEN SAT, 11AM TO 1PM
$394,900
8 beds2 baths— sq ft
7044 S Morgan St, Chicago, IL 60621
OPEN SAT, 12PM TO 2PM
$345,000
4 beds2 baths1,600 sq ft
5652 S Shields Ave, Chicago, IL 60621
$199,000
5 beds2 baths1,296 sq ft
7318 S Carpenter St, Chicago, IL 60621
$79,900
5 beds2 baths924 sq ft
6922 S Carpenter St, Chicago, IL 60621
$194,900
— beds— baths4,500 sq ft
7357-59 S Halsted St, Chicago, IL 60621
$818,900
19 beds10 baths— sq ft
6915 S Peoria St, Chicago, IL 60621
$279,900
3 beds3.5 baths1,953 sq ft
7417 S Sangamon St, Chicago, IL 60621
$379,000
8 beds4 baths— sq ft
510 W 75th St, Chicago, IL 60621
See all

Provided by Redfin

Sale history for 7342 S Sangamon St

Date

Event

Price

MRED as Distributed by MLS Grid #11760802

Feb 9, 2024

Sold (MLS) (Closed)

$230,000

Jan 10, 2024

Contingent (Contingent - Continue to Show)

—

Jan 3, 2024

Relisted (Active)

—

Dec 16, 2023

Contingent (Contingent - Continue to Show)

—

Dec 11, 2023

Relisted (Active)

—

Oct 6, 2023

Contingent (Contingent - Continue to Show)

—

Sep 29, 2023

Relisted (Active)

—

Sep 29, 2023

Price Changed

$225,000

Sep 14, 2023

Contingent (Contingent - Continue to Show)

—

Aug 23, 2023

Relisted (Active)

—

Aug 22, 2023

Listing Removed

—

Aug 21, 2023

Listing Removed

—

Aug 9, 2023

Listing Removed

—

Aug 7, 2023

Listing Removed

—

May 30, 2023

Contingent (Contingent - No Showings)

—

Apr 17, 2023

Listed (Active)

$235,000

MRED as Distributed by MLS Grid #11281170

Feb 14, 2022

Sold (MLS) (Closed)

$157,500

Jan 12, 2022

Pending (Active Under Contract (Do Not Show))

—

Dec 3, 2021

Listed (Active)

$155,000

GREAT INVESTMENT OPPORTUNITY! Check out this solid 2 flat building that has so much character and potential! Tenant occupied-----steady cash flow! This charming 6 bedrooms 2 bath, 2-unit building with a full basement is waiting for your personal touches and upgrades. Each unit has a spacious floor plan with modern fixtures and finishes, wood floors, and lots of natural light. Bow windows in the living room, separate dining room, updated Kitchen, 3 bedrooms, and a full bath. The exterior front and rear have separate entrance/exit, a fenced yard, and a 2-car parking pad. A great opportunity for any Investor! Tenant occupied---2 tenants, one is under lease. Property Sold As-IS. Don't miss out----Schedule your private tour today!

MRED as Distributed by MLS Grid #11263306

Dec 3, 2021

Listing Removed

—

MRED as Distributed by MLS Grid #11237503

Nov 4, 2021

Listing Removed

—

MRED as Distributed by MLS Grid #09759857

Apr 4, 2018

Sold (MLS) (Closed Sale)

$90,000

Feb 16, 2018

Contingent

—

Nov 6, 2017

Price Changed

$92,900

Sep 24, 2017

Listed (New)

$94,900

MRED as Distributed by MLS Grid #08240226

Dec 29, 2012

Sold (MLS) (Closed Sale)

$10,500

Dec 29, 2012

Listed

$10,500

Dec 29, 2012

Listing Removed

—

MRED as Distributed by MLS Grid #06326129

Mar 30, 2007

Sold (MLS)

$180,000

Mar 23, 2007

Listing Removed

—

Oct 30, 2006

Listed

$180,000

Public Records

Nov 9, 2004

Sold

$138,000

Public Records

Jan 20, 2004

Sold

$82,000

Public Records

Dec 27, 2001

Sold

$88,000

Public Records

Sep 12, 2001

Sold

$53,500

Year

Property tax

Land + Additions

Assessment*

2023

$1,055 (+224.8%)

$938 + $11,063

$12,001

2022

$325 (−3.2%)

$2,031 + $2,968

$4,999

2021

$336 (−61.8%)

$2,031 + $2,968

$4,999

2020

$879 (−45.4%)

$2,343 + $4,706

$7,049

2019

$1,610 (+1.7%)

$2,343 + $5,668

$8,011

2018

$1,582 (−33.9%)

$2,343 + $5,668

$8,011

2017

$2,394 (+7.5%)

$2,031 + $9,088

$11,119

2016

$2,227 (+9.3%)

$2,031 + $9,088

$11,119

2015

$2,037 (+6.7%)

$2,031 + $9,088

$11,119

2014

$1,909 (+2.0%)

$1,875 + $8,415

$10,290

2013

$1,871 (−9.2%)

$1,875 + $8,415

$10,290

2012

$2,060 (−5.4%)

$1,875 + $9,605

$11,480

2011

$2,178 (−0.4%)

$2,343 + $11,096

$13,439

2010

$2,187 (+4.4%)

$2,343 + $11,096

$13,439

2009

$2,096 (−17.5%)

$2,343 + $11,096

$13,439

2008

$2,539 (+1.0%)

$2,374 + $15,325

$17,699

2007

$2,514

$2,374 + $15,325

$17,699

Tax history for 7342 S Sangamon St

Year

Property tax

Land + Additions

Assessment*

2023

$1,055 (+224.8%)

$938 + $11,063

$12,001

2022

$325 (−3.2%)

$2,031 + $2,968

$4,999

2021

$336 (−61.8%)

$2,031 + $2,968

$4,999

2020

$879 (−45.4%)

$2,343 + $4,706

$7,049

2019

$1,610 (+1.7%)

$2,343 + $5,668

$8,011

2018

$1,582 (−33.9%)

$2,343 + $5,668

$8,011

2017

$2,394 (+7.5%)

$2,031 + $9,088

$11,119

2016

$2,227 (+9.3%)

$2,031 + $9,088

$11,119

2015

$2,037 (+6.7%)

$2,031 + $9,088

$11,119

2014

$1,909 (+2.0%)

$1,875 + $8,415

$10,290

2013

$1,871 (−9.2%)

$1,875 + $8,415

$10,290

2012

$2,060 (−5.4%)

$1,875 + $9,605

$11,480

2011

$2,178 (−0.4%)

$2,343 + $11,096

$13,439

2010

$2,187 (+4.4%)

$2,343 + $11,096

$13,439

2009

$2,096 (−17.5%)

$2,343 + $11,096

$13,439

2008

$2,539 (+1.0%)

$2,374 + $15,325

$17,699

2007

$2,514

$2,374 + $15,325

$17,699

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,049

Year renovated

2025

Sq. Ft.

1,980

Year built

1895

Style

Multi-Family (2-4 Unit)

County

Cook County

APN

20292200380000

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Jun 25, 2025.

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

Property details

Parking

Parking Information
# of Parking (Total): 2
Parking On-Site: Yes
Parking Features: Off Alley
Parking: Space/s
Parking Ownership: Owned

Interior

Bathroom Information
# of Baths (Full): 2

Bedroom Information
# of Bedrooms: 6
# of Bedrooms Possible: 6

Additional Rooms Information
Basement: Walkout
Basement Description: Unfinished

Interior Features
# of Rooms: 12

Multi-Unit Information
3 Br Unit(s) In Bldg: Yes

Unit Type 1 Information
Floor Number: 1
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner
Security Deposit: 0
Rent: $1,300
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: VAC

Unit Type 2 Information
Floor Number: 2
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner
Rent: $1,200
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: VAC

Exterior

Building Information
# Of Units in Building: 2
Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter

Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2022
Parcel Number: 20292200380000

Lot Information
Dimensions: 25X 125
Lot Size: Less Than .25 Acre
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $335.52
Tax Year: 2021
Tax Exemptions: Homeowner

Financial Information
Finance Code: Conventional
Special Service Area: N
Gross Income: $30,000

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas

Location

School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299

Location Information
Township: Lake
Corporate Limits: Chicago
Directions: 74TH TO SANGAMON AND NORTH TO PROPERTY

Public facts

Beds: 6
Baths: 2.0
Sq. Ft.: 1,980
Stories: 2.0
Parking Spaces: 2
Basement: Yes
Accessible: No
Lot Size: 3,049 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1895
Year Renovated: 2025
County: Cook County
APN: 20292200380000
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Jun 25, 2025

Other

Expense Information
Water Sewer Expense: $2,500
Water Expense Source: Owner Projection

Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No

Around this home

Schools

Stagg Elementary School

Public PreK-8 • Assigned • 0.1mi

4/10

Hirsch Metropolitan High School

Public 9-12 • Assigned • 2.4mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 67-74% 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

5 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$247,000 – $299,000

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Home values near 7342 S Sangamon St

Data from public records.

Address	Redfin Estimate
7339 S Sangamon Street, Chicago, IL 2 Beds \| 1 Baths \| 777 Sq. Ft.	$78,507
7346 S Sangamon Street, Chicago, IL 3 Beds \| 2 Baths \| 1258 Sq. Ft.	$172,740

Address	Redfin Estimate
7348 S Sangamon Street, Chicago, IL 5 Beds \| 1.5 Baths \| 1470 Sq. Ft.	$197,406
7328 S Sangamon Street, Chicago, IL 2 Beds \| 1 Baths \| 990 Sq. Ft.	$148,964

Address	Redfin Estimate
7352 S Sangamon Street #2, Chicago, IL 6 Beds \| 3.5 Baths \| 2802 Sq. Ft.	—
7324 S Sangamon Street, Chicago, IL 4 Beds \| 1.5 Baths \| 1720 Sq. Ft.	—

Property information provided by MRED as Distributed by MLS Grid when last listed in 2023. This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Englewood, IL

Sale history for 7342 S Sangamon St

Tax history for 7342 S Sangamon St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60621

Home values near 7342 S Sangamon St

More real estate resources