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Commercial > Multi-family / Apartments
Active
6 days ago
List Price
$399,900

7731 Carpenter St
Chicago, IL 60620

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  • 7731 Carpenter St, Chicago, IL 60620 is a 7 bed, 2 bath, 2,900 ft² multi-family/apartments property built in 1908 on a 0.090 acre lot with 1 construction permit. This multi-family/apartments is currently for sale for $399,900, and it was last sold in 2023 for $215,000.

    MLS Description

    The listing agent's description. Original Listing

    Welcome to your dream investment opportunity! The tenant has moved out, and 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 renovation, this property features two meticulously updated units that combine contemporary design with ultimate comfort. Each unit offers a spacious layout: the first floor boasts three bedrooms and an unfinished basement, while the second floor features four bedrooms, 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-vanities, lights, faucets, mirrors, and tile-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 all 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 payment 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.

    Listing Agents

    The listing agent for 7731 Carpenter St is Robert Linn.

    Permits

    7731 Carpenter St has 1 permit records of total value of $1,800.

    Permit History
    1
    Permits
    $1,800
    Total Permit Value
    February 7, 2008
    Description: Replaceservice entrance conduit and cableJob Value: $1,800Status: issuedType: Electric wiringBusiness Name: Ralph A JohnsonFees: $40Effective Date: 2008-02-07Permit Number: 100223151

    Current Ownership

    Information about the current owner(s).

    Property History

    7731 Carpenter St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 7731 Carpenter St

    School Information

    Public/private schools serving 7731 Carpenter St

    Neighborhood

    This property is located in Auburn Gresham, Chicago, IL 60620.

    Market Trends

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    Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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