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Listing provided courtesy of HomeSmart Connect LLCMREDas Distributed by MLSGrid- MLS# 12493735MLS Provider

7243 S Sangamon StreetChicago, IL 60621

Multi-Family · 6 Beds
$85,000 Active

7243 S Sangamon Street Overview

Time on Site:
261 days
Visits:
1

Investor Special - Rehab Opportunity! This two-unit property offers a solid investment opportunity in a strong, active market. The building has fire damage and requires a full gut renovation, making it ideal for seasoned investors and rehabbers looking to create value. With an ARV of 360K+ and strong neighborhood activity, this is a great project with serious upside potential. Sold as-is. No survey. Property is boarded up drive-by only. Interior access with an accepted offer and signed waiver. Don't miss out - submit your offer today before it's gone!

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7243 S Sangamon Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1888

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Englewood
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $597.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20292130180000
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 6
  • Bedrooms Possible: 6
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Heating: Natural Gas
  • Rooms Total: 12

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Garage
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25 x 125
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

7243 S Sangamon Street Neighborhood

Community

60621 (Chicago) Demographics

37
Median Age
7,171
Population Density (per sq. mile)
16%
College Educated
$23,019
Estimated Median Income
2,506
Estimated Total Home Owners
8,240
Estimated Total Renters
23% / 77%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7243 S Sangamon Street Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7243 S Sangamon Street Market Data

Based on the last 30 days in this zip code

$189,260
Average List Price
$123
Average Price per Square Foot
3
Properties Sold
85
Average Days on Market
46
Properties for Sale
Calculations provided by Reliance Network

7243 S Sangamon Street History

Date Event Value Agent
10/16/2025Source: MRED Status Change
Active
10/11/2025Source: MRED Added to Database
October 11, 2025