7042 S Elizabeth Street, Chicago, IL 60636

• 5 beds |
• 2 baths |
• 1,500 sqft

Property Description

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!

Listing Status:

Active

Data Last Updated:

August 24, 2026 at 3:20AM

Listing Office:

Re-CHRG Inc : 773-842-1323

Listing Agent:

Candy Thomas : 773-842-1323

MLS ID:

12735066

Interior

• Rooms: Bedroom 5
• Basement: UnfinishedFull
• A/C: None
• Heating: None
• Disability Feature: None

Exterior

• Parking: Parking spaces: 0

Construction

• General: 1.5 Story

Location

• HOA Amenities: 0.0Not Applicable
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 20203300400000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple