Five-Unit Apartment
For Sale
$1,450,000
827 S Carpenter Street, Chicago, IL 60607
Fully leased multifamily property with RT-4 zoning and on-site coin laundry.
Property SizeContact for details
Days on Market8
Property Features for 827 S Carpenter Street
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$16,378
Amenities
Central air
Central Air Cooling
Building Details
Year Built
1989
Listing Agency:
BROOKLINE REAL ESTATE LLC
(630) 590-5910
Listed By:
WILLIAM LUNDY · License #475174897
(708) 921-7952
Source:
Corcoran
Added: Sep 15
Changed: Sep 21
Last Checked: Sep 21 at 7:22AM
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 BROOKLINE REAL ESTATE LLC
Investment Insights
Based on property information with market context.
Built in 1989, this five-unit apartment property contains approximately 4,575 SF of building area on a 2,500 SF lot. The City of Chicago Certificate of Zoning Compliance reflects five dwelling units, and the property includes on-site coin laundry. All units are leased through July 31, 2027, with the sale subject to the existing leases.
The property is located at 827 S Carpenter Street in Chicago’s Little Italy/University Village area, near UIC, Taylor Street, the Illinois Medical District, public transportation, restaurants, and neighborhood amenities. RT-4 zoning supports the existing multifamily configuration, subject to independent verification of zoning, unit layout, square footage, and other property information.
The property is located at 827 S Carpenter Street in Chicago’s Little Italy/University Village area, near UIC, Taylor Street, the Illinois Medical District, public transportation, restaurants, and neighborhood amenities. RT-4 zoning supports the existing multifamily configuration, subject to independent verification of zoning, unit layout, square footage, and other property information.
Key Highlights
- Five residential units with a City of Chicago Certificate of Zoning Compliance reflecting five dwelling units
- Approximately 4,575 SF of building area on a 2,500 SF lot
- All units leased through July 31, 2027
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,140
Businesses Nearby
Explore this area
Business Placement
Demographics for 60607, IL
31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily property with RT-4 zoning and on-site coin laundry.
Where is this apartment building located?
The property is located at 827 S Carpenter Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Five residential units with a City of Chicago Certificate of Zoning Compliance reflecting five dwelling units; Approximately 4,575 SF of building area on a 2,500 SF lot; All units leased through July 31, 2027
