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Newly Renovated Fully Occupied 6-Unit
For Sale
$799,900

7727 S Carpenter Street, Chicago, IL 60620

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.15 Acres
Days on Market105

Property Features for 7727 S Carpenter Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 18
Bathrooms 11
Full bathrooms 11
Rooms Bathroom 6, Bathroom 4, Bedroom 13, Bedroom 9, Bedroom 11, Bathroom 10, Bedroom 14, Bathroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 16, Bedroom 5, Bedroom 2, Bedroom 15, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 6, Bathroom 3, Bedroom 10, Bathroom 9, Bedroom 18, Bathroom 11, Bedroom 3, Bedroom 17, Bathroom 7, Bedroom 12, Bathroom 8
Directions north/south on Halsted St to 76th St, west to Carpenter, 1-way south to property.
Subdivision CHI - Auburn Gresham
Standard status Active
APN 20294190080000
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6630

Utilities

Cooling system Central Air

Building Details

Year built 1924
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: Century 21 S.G.R., Inc. · Century 21 Real Estate
Listed By: Jessica Hayes · License #475213124
Added: May 8 Changed: Aug 20 Last Checked: Aug 20 at 2:06PM
MLS# 12642668

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Turnkey 6-unit brick multifamily building, currently 100% occupied and newly renovated. The property offers six 3-bed/1-bath units, totaling 18 bedrooms and 6 bathrooms. Each unit includes central air and forced heat, newly renovated kitchens and bathrooms, stainless steel appliances, washer/dryer hookups, tankless water heaters, and newer mechanicals. The building is described as extremely well maintained with no deferred maintenance, supporting an easy move-in or investor-hold setup.

The property sits on a well-kept 0.15-acre lot and was built in 1924. On-site parking includes a brick 2-car garage plus an additional concrete parking slab, expanding off-street parking options for tenants.

Zoning is MULTI, aligning with multifamily use.

Key Highlights

  • 100% occupied newly renovated 6‑unit brick building built in 1924 on a 0.15‑acre lot
  • Six 3‑bed/1‑bath units totaling 18 bedrooms and 6 bathrooms
  • Central air and forced heat in every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center HVAC Service

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick 6-unit with central air, forced heat, renovated kitchens and baths, washer/dryer hookups, and tankless water heaters.
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: 100% occupied newly renovated 6‑unit brick building built in 1924 on a 0.15‑acre lot; Six 3‑bed/1‑bath units totaling 18 bedrooms and 6 bathrooms; Central air and forced heat in every unit
More about this property
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