Residential Income for Sale: 6944 S Carpenter, Chicago, IL 60621
7 beds
$360,000
$360,000
6944 S Carpenter,
Chicago, IL 60621
7 beds
$360,000
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Price:
$360,000
$20,000 - 11/06/2024
Est. payment: Skip to Mortgage Calculator
Type Residential Income
Beds 7
Year Built 1909
City Chicago
County Cook
School District 299
MLS 12074733
Status Pending
Discover this well-maintained 2-flat apartment building nestled in the vibrant Englewood neighborhood of Chicago. With one spacious 4-bedroom apartment and a comfortable 3-bedroom apartment, this property offers flexibility for various living arrangements or investment strategies. Its good condition, combined with room for value add, makes it an excellent candidate for a 203k loan and rehab, perfect for those looking to enhance its potential. First Apartment Bedrooms: 4 Bathrooms: 1 Features: Bright and open living area with ample natural light Functional kitchen with plenty of storage space Generously sized bedrooms, each with ample closet space Well-maintained bathroom with modern fixtures In-unit laundry potential for added convenience Second Apartment Bedrooms: 3 Bathrooms: 1 Features: Cozy living room with a welcoming atmosphere Efficient kitchen layout with updated appliances Comfortable bedrooms ideal for families or roommates Modern bathroom with contemporary finishes Potential for in-unit laundry Property Highlights Condition: This property is in good condition and ready for immediate occupancy, yet it still offers opportunities for value add through renovations or upgrades. Location: Situated in Englewood, this building is close to public transportation, schools, parks, and local amenities. The area is undergoing revitalization, making it an attractive location for investment. Short-Term Rental Potential: Both units are suitable for short-term rentals, offering flexibility for generating income through platforms like Air-BNB. Investment Opportunity: Ideal for investors looking to leverage a 203k loan for rehab, this property offers significant potential for increasing its value and maximizing rental income. Investment Potential This 2-flat building is an excellent choice for investors or homeowners looking to capitalize on the growing Englewood area. With room for enhancements and the ability to generate substantial rental income, this property represents a sound investment. Schedule a Viewing Don't miss out on this fantastic opportunity. Contact us today to schedule a private viewing and see the potential this property holds.
Room Features
Basement Description Unfinished
Lot & Building Features
Heating None
Parking Description Space/s
Tax Year 2022
Water Public
Lot Dimensions 3,125 ft
Community and Schools
Elementary School 299
Price History of 6944 Carpenter, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
11/06/2024 | Price Adjustment | $360,000 | 5.88% |
10/31/2024 | Price Adjustment | $340,000 | 10.53% |
12/31/1969 | Listing Price | $380,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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6944 Carpenter (MLS #12074733) is a residential income listing located in Chicago, IL. This property was listed on 10/11/2024 and has been priced for sale at $360,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Keller Williams ONEChicago |