Newly Renovated 6-Unit Brick
For Sale
$799,900
7727 S Carpenter Street, Chicago, IL 60620
Turnkey, fully occupied six-unit brick property with updated interiors, central air, and multiple parking options.
Property SizeContact for details
Days on Market48
Property Features for 7727 S Carpenter Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
MULTI
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$6,629
Building Details
Year Built
1924
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
Century 21 S.G.R., Inc.
(312) 326-2121
Listed By:
Jessica Hayes · License #475213124
(312) 326-2121
Source:
Birdrealtysells
Added: Jul 6
Changed: Aug 8
Last Checked: Aug 22 at 2:16PM
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.
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
Explore this area
Business Placement
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
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
