7727 S Carpenter Street, Chicago, IL 60620

Building Details

Year Built

1924

Listing office Century 21 S.G.R., Inc. j***@gmail.com Show Phone

Listing date Jul 6, 2026

Source Birdrealtysells

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 Century 21 S.G.R., Inc.

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Overview

This newly renovated, turnkey 6-unit brick apartment building is configured as six 3-bedroom, 1-bath units, for a total of 18 bedrooms and 6 bathrooms. Each unit is equipped with central air and forced heat, with kitchen and bath updates including stainless steel appliances and newly renovated kitchens and bathrooms. The property also includes washer/dryer hookups and tankless water heaters, supported by newer mechanicals, contributing to a well-maintained overall condition.

The building sits on a well-kept lot and includes a brick 2-car garage plus an additional concrete parking slab, expanding convenient parking for tenants. The asset is currently 100% occupied, supporting immediate income generation under existing tenancy.

For investors and owner-operators seeking a straightforward multifamily asset, the combination of full occupancy, consistent unit mix, and recently updated unit interiors can reduce upfront renovation concerns. The property’s maintained condition and updated systems make it well-suited for a buy-and-operate approach, including both seasoned operators and first-time buyers looking for a turnkey experience.

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center HVAC Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Building Supply (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.6498346

Latitude

41.7533984

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FAQs

What type of property is this?

Apartment building - Turnkey, fully occupied six-unit brick property with updated interiors, central air, and multiple parking options.

Where is this apartment building located?

The property is located at 7727 S Carpenter Street Chicago, IL.

What is the asking price?

The asking price for this property is $799,900.

What are key features of this property?

This property features: Fully occupied 6‑unit brick building built in 1924; Six 3 bed/1 bath units with 18 bedrooms and 6 bathrooms; Updated interiors include central air, forced heat, stainless steel appliances, and newly renovated kitchens and bathrooms