7042 S Elizabeth Street

Chicago, IL
$ 249,999 Beds 5 Baths 2 Sq 1,500
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 249,999
  • City
  • Chicago
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • COOK
  • Half Bathrooms
  • 0
  • Area
  • CHI - West Englewood
  • Lot Size
  • Zip
  • 60636
  • Sqr Footage
  • 1,500
  • Taxes
  • $ 944
  • Style
  • MLS#
  • 12735066
Listed By: Re-CHRG Inc
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1500
Sewer Public Sewer
Heating None
Cooling None
Possession Closing,Immediate
Association Fee Includes None
Construction Materials Frame
Township Lake
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction No
Property Type Residential
Total Rooms 8
Full Baths 2
Status Active
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.
City Chicago
High School District 299
MLS Area CHI - West Englewood
Tax Annual Amount 944.77
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Detached Single

Interior Features

Basement Unfinished,Full
Total Bedrooms 5
Room Type Bedroom 5
LivingAreaSource Estimated
Total Baths 2
Bedrooms Possible 5

Exterior Features

Water Source Lake Michigan
Lot Dimensions 25X125
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Elmwood Park, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/17/2026 Listed $249,999

Property vs Zip Code Average in 60636

Price
AVG $210K
$250K
Taxes
AVG $1,105
$944
Visits
AVG 237
124
Data Provided by Inside Real Estate®

Areas That We Cover

7042 S Elizabeth Street Chicago, IL is a Single Family Home for sale at $249999 with 1500 sqft and a lot size of Acre(s). 7042 S Elizabeth Street Chicago has 5 bedrooms, 2 baths . The property's zip code is 60636 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.