Six-Unit Apartment
For Sale
$975,000
Pending
3241 S Carpenter Street, Chicago, IL 60608
Well-maintained multifamily property with varied apartment layouts, separate utility metering, and a two-car garage.
Property SizeContact for details
Days on Market58
Property Features for 3241 S Carpenter Street
General Information
Standard status
Pending
Property subtype
MULTI_FAMILY
Taxes and HOA fees
Annual Taxes
$11,429
Building Details
Year Built
1910
Listing Agency:
Compass
Listed By:
Adam Max · License #471022028
(847) 361-3756
Source:
Harkinsandassociates
Added: Aug 25
Changed: Oct 17
Last Checked: Oct 21 at 5:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
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This six-unit apartment building includes all two-bedroom apartments, with two garden units and a two-bedroom, two-bath duplex-up penthouse. Top-floor residences feature in-unit laundry and dishwashers. Individual HVAC systems, dedicated water heaters, separately metered utilities, and vinyl windows support unit-level operations. A recently replaced wood porch system and a two-car garage are also part of the property, with the garage offering income potential.
Built in 1910, the property is currently undergoing roof replacement. Existing rents are below projected market levels, providing an opportunity to pursue rental-income growth or continue operating the building in its current condition.
Built in 1910, the property is currently undergoing roof replacement. Existing rents are below projected market levels, providing an opportunity to pursue rental-income growth or continue operating the building in its current condition.
Key Highlights
- Six two‑bedroom apartments, including two garden units and a duplex‑up penthouse
- Penthouse includes two bedrooms and two bathrooms
- Top‑floor units have in‑unit laundry and dishwashers
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Location Intelligence
Trade Area within ½ mile
1,670
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained multifamily property with varied apartment layouts, separate utility metering, and a two-car garage.
Where is this apartment building located?
The property is located at 3241 S Carpenter Street Chicago, IL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Six two‑bedroom apartments, including two garden units and a duplex‑up penthouse; Penthouse includes two bedrooms and two bathrooms; Top‑floor units have in‑unit laundry and dishwashers
