7731 S Carpenter ST

Chicago,IL 60620

$ 399900

7 Beds

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12170445

Bedrooms 7

Year Built 1908

Annual Tax Amount $3,620

Tax Year 2022

Lot Size 3,920 Sqft

Lot Dimensions 3733

Property Description

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.

Location

State IL

County Cook

Area Chi - Auburn Gresham

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas,Forced Air,Sep Heating Systems - 2+,Indv Controls

Fireplace N

Exterior

Exterior Feature Porch,Storms/Screens

Garage Detached

Garage Spaces 2.0

Community Features Curbs,Gated,Sidewalks,Street Lights,Street Paved

Waterfront false

Roof Type Rubber,Flat

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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