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Welcome to 7042 S. Elizabeth, a spacious 1.5-story, 5-bedroom, 2-full-bath single-family home offering the perfect blend of space, character, updates, and investment potential. Located on a quiet residential block, this home is ideal for a first-time buyer looking for room to grow or an investor ready to expand their portfolio. Beautiful original hardwood floors add timeless character, while renovations completed within the last 18 months give the home a refreshed feel. With five bedrooms, two fully finished bathrooms, and an unfinished basement with potential for additional living space, this home offers flexibility for today and the future. The oversized backyard provides plenty of space for entertaining, gardening, family gatherings, or creating your own outdoor retreat. The roof is approximately 7 years old, adding to the home's overall appeal. Investors will appreciate that the property is currently tenant occupied and generating $2,300 per month in rental income, offering immediate income potential. Whether you're ready to make the move into homeownership or add an income-producing property to your portfolio, 7042 S. Elizabeth offers space, versatility, and opportunity all in one!
| Address |
7042 S Elizabeth Street
Chicago, IL 60636 |
| Listing Status | ACTIVE |
| Asking Price | $249,999 |
| On Market Date | $249,999 @ Aug 17, 2026 |
| Original Entry | Aug 17, 2026 |
| Square Footage | 1500 sf |
| Bedrooms | 5 |
| Full Bathrooms | 2 |
| Directions | Use I/94 W, take exit 59C toward 71st ST. take exit 59C toward State St., merge onto S. State St. Use the left 2 lanes to turn left onto W. 71st ST. Turn right onto S. Elizabeth St. |
| Neighborhood | WEST ENGLEWOOD |
| School District | Not Listed |
| Property Type | Fee Simple |
| Assessment | $0 |
| Timeline | Notes |
|---|---|
| Aug 17, 2026 | Listed for $249,999 #MRD12735066 |
| County | Cook |
| Tax PIN | 20203300400000 |
| Property Tax | $945 for the year 2024 |
| Lake Michigan Distance | 4.7 miles |
| Style | Detached Single |
| Material | Not Listed |
| Lot Size | 25X125 |
| Fencing | Not Listed |
| Topography | Not Listed |
| Swimming Pool | Not Listed |
| Parking |
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces:
0 -
|
| View | Not Listed |
| Year Built | 0 |
| Laundry Location | |
| Elevator | Not Listed |
| Cooling | None |
| Heating | None |
| Sewer/Septic | Public Sewer |
| Fireplaces | Not Listed |
| Additional Parcels | No |
| Appliances | No |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Association Fee Frequency | Not Applicable |
| Attached Garage | No |
| Basement | Unfinished, Full |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Cooling | No |
| Heating | No |
| High School District | 299 |
| Land Lease | No |
| Laundry | No |
| Living Area Source | Estimated |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | No |
| Patio | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | No |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
| Platform | MRED |
| AOR | |
| MLS Number | MRD12735066 |
| Courtesy of | Re-CHRG Inc |
https://www.chicagotopcondos.com/MRD12735066