$249,999
Chicago, IL 60636
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!
Estimated monthly cost for this home
$1,438/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.67%, 2026-08-13). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2024 property taxes | $945/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Re-CHRG Inc, listed by Candy Thomas.
Information last updated Aug 17, 2026, 7:50 PM.
7042 Elizabeth Street
Chicago, IL 60636

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.