Residential Income for Sale: 7731 S Carpenter, Chicago, IL 60620 SOLD

7 beds
$399,900
$399,900
7731 S Carpenter, Chicago, IL 60620 SOLD
7 beds
$399,900
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Selling Price: $399,900
Original List Price: $399,900
Sold at 100.0% of list price
Sold Date: 11/25/2024

Type Residential Income
Beds 7
Lot Size 0.09 acres
Year Built 1908

City Chicago
County Cook
School District 299

MLS 12170445
Status Closed
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.

Room Features

Basement Description Unfinished

Lot & Building Features

Heating Forced Air, Sep Heating Systems - 2+, Natural Gas, Indv Controls
Parking Description Garage
Sewer Public Sewer
Tax Year 2022
Water Lake Michigan
Lot Dimensions 3733 ft

Price History of 7731 Carpenter, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $399,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Christopher Butler
Direct: 708-601-1516
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Pearson Realty Group, Robert Linn
Sold by Village Realty, Inc., Crystal Counts
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20%
1%
6.75%
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Midwest Real Estate Data

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: Pearson Realty Group