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$ 1,125,000
Est. payment /mo
Active Under Contract
3340 S Carpenter ST Chicago, IL 60608
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12420666
Maintenance Fees $7,290
Year Built 1900
Annual Tax Amount $11,211
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 25 x 125
Property Sub-Type Multi Family 5+
Property Description
This fully renovated 7-unit brick building is 100% occupied and generates nearly $118,000 in annual gross rental income. Renovated top to bottom in 2017-2018, the property consists of six 1 Bed / 1 Bath units in the main building and 1 unit in the rear coach house-each featuring modern finishes such as stainless steel appliances, granite countertops, dishwashers, microwaves, updated bathrooms, central HVAC, and spacious layouts with ample storage. Tenants pay for their own gas and electric, while a coin-operated laundry room provides additional passive income. Major capital improvements-including a full tear-off roof, new electrical, and plumbing systems-ensure low maintenance costs and long-term durability. Located on a quiet, tree-lined street just two blocks from the Bridgeport Art Center, this property offers stable cash flow and long-term upside in one of Chicago's most desirable and appreciating neighborhoods. A true armchair investment-don't miss this rare opportunity!
Location
State IL
County Cook
Area Chi - Bridgeport
Zoning MULTI
Interior
Cooling Central Air, Central Individual
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick,Concrete
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brian Ruff • Coldwell Banker Real Estate Group
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