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6-Unit Brick Apartment Building
For Sale
$799,900

7727 S Carpenter Street, Chicago, IL 60620

Renovated apartments feature in-unit laundry hookups, central air, forced heat, and updated mechanical systems.

Property SizeContact for details
Days on Market14

Property Features for 7727 S Carpenter Street

General Information

Standard status Active
Property subtype Commercial
Zoning MULTI
Occupancy 100%

Site & Location

Neighborhood Auburn Gresham

Units

Unit Mix 6 x 3BR/1BA
Multifamily Units 6

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,629

Amenities

central air
forced heat
stainless steel appliances
washer/dryer hookups
tankless water heaters

Building Details

Year Built 1924
Buildings 1
Stories 3
Units 6
Construction brick
Tenancy Multi
Listing Agency: Century 21 S.G.R., Inc.
Listed By: Jessica Hayes · License #475213124
Source: Fishmangroup
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 29 at 9:21PM

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.

Rey
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Investment Insights

Based on property information with market context.

This 6-unit brick apartment building contains six 3-bedroom, 1-bathroom residences, totaling 18 bedrooms and 6 bathrooms. Renovated kitchens and bathrooms, stainless steel appliances, central air, forced heat, washer and dryer hookups, and tankless water heaters are provided across the units. Newer mechanical systems and a 1924 construction date complete the building profile.

The property is zoned MULTI and is fully occupied. Parking includes a brick 2-car garage and a separate concrete parking slab.

Key Highlights

  • Six 3‑bedroom, 1‑bathroom apartments; 18 bedrooms and 6 bathrooms total
  • Central air and forced heat in all units
  • Renovated kitchens and bathrooms with stainless steel appliances

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated apartments feature in-unit laundry hookups, central air, forced heat, and updated mechanical systems.
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: Six 3‑bedroom, 1‑bathroom apartments; 18 bedrooms and 6 bathrooms total; Central air and forced heat in all units; Renovated kitchens and bathrooms with stainless steel appliances
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