For Sale: 7042 S Elizabeth Street, Chicago, IL 60636. 5-bedroom 2-bath, 1500 sf, 0 WEST ENGLEWOOD $249,999 begin new search
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Overview

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
Rooms
Bedroom 5
Square Footage 1500 sf
Bedrooms 5
Full Bathrooms 2
Location
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
Ownership
Property Type Fee Simple
Assessment $0
Listing History
Timeline Notes
Aug 17, 2026Listed for $249,999 #MRD12735066
Public Records
County Cook
Tax PIN 20203300400000
Property Tax $945 for the year 2024
Lake Michigan Distance 4.7 miles
Exterior
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
Features
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
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD12735066
Courtesy of Re-CHRG Inc