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Turnkey Brick 4-Unit Investment
For Sale
Contact for pricing
Pending

8301 S Carpenter Street, Chicago, IL 60620

Fully occupied, low-maintenance brick building with immediate cash flow.

Property SizeContact for details
Days on Market158

Property Features for 8301 S Carpenter Street

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Year Built 1923
Listing Agency: Charles Rutenberg Realty Inc Naperville
Listed By: Robert Nowak · License #IL 475205170
Source: Crexi
Added: Mar 19 Changed: Aug 8 Last Checked: Jul 24 at 4:51PM

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 Charles Rutenberg Realty Inc Naperville

Investment Insights

Based on property information with market context.

This is a solid all-brick 4-unit building. The property features two 2-bedroom, 1-bathroom units and two 3-bedroom, 1-bathroom units. All units have hardwood floors, updated cabinets, and newer appliances. The property is fully occupied, providing immediate cash flow. It is a low-maintenance property and a strong addition to any investment portfolio.

Key Highlights

  • Fully occupied 4‑unit brick building providing immediate cash flow.
  • Turnkey investment property requiring low maintenance.
  • Features a mix of (2) 2 bed/1 bath and (2) 3 bed/1 bath units.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

815
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied, low-maintenance brick building with immediate cash flow.
Where is this quadplex located?
The property is located at 8301 S Carpenter Street Chicago, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Fully occupied 4‑unit brick building providing immediate cash flow.; Turnkey investment property requiring low maintenance.; Features a mix of (2) 2 bed/1 bath and (2) 3 bed/1 bath units.
(630) 929-1100 Call to check price and availability
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