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Renovated 7-Unit Apartment Building
For Sale
Contact for pricing

3340 S Carpenter St, Chicago, IL 60608

Brick multifamily property with updated interiors, central air, tenant-paid utilities, laundry, and storage.

Property SizeContact for details
Days on Market142

Property Features for 3340 S Carpenter St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 7

Amenities

central air
stainless steel appliances
granite countertops
dishwashers
microwaves
updated baths
spacious bedrooms
modern finishes
on-site laundry
storage

Building Details

Year Renovated 2018
Buildings 1
Construction brick
Listing Agency: SVN | Chicago Commercial
Listed By: Angelo Labriola · License #IL 475130926
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:15PM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This 7-unit brick apartment building underwent a comprehensive renovation in 2017–18, including a tear-off roof replacement and substantial electrical and plumbing improvements. The property is 100% occupied, with tenant-paid utilities supporting the operating structure.

Apartment interiors include central air, stainless steel appliances, granite countertops, dishwashers, microwaves, updated bathrooms, spacious bedrooms, and contemporary finishes. On-site laundry and storage serve the building’s residents. The property is located at 3340 S Carpenter St in Chicago, Illinois 60608.

Key Highlights

  • 7‑unit brick apartment building
  • 100% occupied with tenant‑paid utilities
  • Renovated in 2017–18 with capital improvements

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,687
Businesses Nearby

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 - Brick multifamily property with updated interiors, central air, tenant-paid utilities, laundry, and storage.
Where is this apartment building located?
The property is located at 3340 S Carpenter St Chicago, IL.
What are key features of this property?
This property features: 7‑unit brick apartment building; 100% occupied with tenant‑paid utilities; Renovated in 2017–18 with capital improvements
(312) 676-1878 Call to check price and availability
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