Listing Agency: Matthews

Listed By: Joshua Bluestein · License #10401291460

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 8:33PM

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Investment Insights

Based on property information with market context.

This apartment property comprises a 26-unit multifamily portfolio at 3227 S Carpenter St in Chicago, Illinois. The available information identifies the asset as an apartment building offered for sale, with no additional details provided regarding unit layouts, building systems, condition, or site improvements.

Key Highlights

• 26‑unit multifamily apartment portfolio
• Located at 3227 S Carpenter St, Chicago, IL 60608
• Offered for sale

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26

Residential units

Location Intelligence

Trade Area within ½ mile

1,670

Businesses Nearby

Explore this area Business Placement

Demographics for 60608, IL

75,770

Population

32,617

Households

2.3

Avg Household Size

34

Median Age

34%

College-Educated

77%

High-School Grad

6.2 sq mi

ZIP Area

12,221

Density / Sq Mi

$70,704

Median Household Income

$42,211

Median Earnings

$1,208

Median Rent

$341,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property comprising a 26-unit apartment portfolio in Chicago.

Where is this apartment building located?

The property is located at 3227 S Carpenter St Chicago, IL.

What are key features of this property?

This property features: 26‑unit multifamily apartment portfolio; Located at 3227 S Carpenter St, Chicago, IL 60608; Offered for sale