Last Sold Price
14 beds
721 S Carpenter St, Chicago, IL 60607

Description

Attractive well cared for brick 6 unit on a cul-de-sac just steps away from uic. Fully-rented building in the popular tri-taylor / university of illinois area. Little italy neighborhood in the heart of the vibrant taylor street restaurants, shops and amenities. Just minutes to the uic medical district, greek town and downtown chicago, with convenient public transportation. New front roof december 2017. New rear roof 2019. Water, garbage and scavenger paid by landlord... Gas and electricity paid by...Attractive well cared for brick 6 unit on a cul-de-sac just steps away from uic. Fully-rented building in the popular tri-taylor / university of illinois area. Little italy neighborhood in the heart of the vibrant taylor street restaurants, shops and amenities. Just minutes to the uic medical district, greek town and downtown chicago, with convenient public transportation. New front roof december 2017. New rear roof 2019. Water, garbage and scavenger paid by landlord... Gas and electricity paid by tenant. Monthly gross rental income is $11,750 with a 5.97 cap... Excellent investment opportunity.
LISTING CLOSED: 01/05/2023 12:00 AM

  1. Listed by Kevin Burke • RE/MAX 10
    P: (708)-805-1754 C: (708)-805-1754 realtorkevinburke@gmail.com

Sold By Cosmos Realty, Inc

Property Details for 721 South Carpenter Street

Status
MLS #
11640861
Days on Market
79
Taxes
$15,593 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family 5+ / Flats
Year Built
1890
Lot Size
0.06 AC / 2,524 SF
Area
CHI - Near West Side
Township
West Chicago
Num Of Parking Spaces
0.0
Air Conditioning Type
Window Unit(s)
Zoning
MULTI

Location

Add your commute

Building Information for 721 South Carpenter Street

Stories3Residences6Year Built1890Building Size-Lot Size0.06 AC / 2,524 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$9,280 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,980

Property Taxes

$1,299

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 721 South Carpenter Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • # Of Washers: 2
  • Heat/Ventilation: Central Bldg Heat
  • # Of Refrigerators: 6
  • # Of Dryers: 2
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 2524
  • Lot Size Square Feet: 2524.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 5936
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2022-11-15T18:03:03
  • Photos Count: 10
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $11,750.00
  • Gross Scheduled Income: $143,540.00
  • Insurance Expense: $4,197.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2020
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 600
  • Net Operating Income Year: 2020
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 11970
  • Water Expense Source: Actual
  • Net Operating Income: $119,454.00
  • Operating Expense: $24,786.00
  • Other Expense: $.00
  • Trash Expense: $2,556.00
  • Water Sewer Expense: $1,840.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 721 South Carpenter Street

DateEvent & SourcePriceAppreciation
Jan 5, 2023

Sold (Public Record)

Public Record #1504029135

$1,570,000

+7.8% / yr

Jan 5, 2023

Sold

MRED #11640861

$1,570,000
Dec 16, 2022

Pending

MRED #11640861

DateEvent & SourcePrice
01/05/2023

Sold (Public Record)

Public Record #1504029135

$1,570,000

+7.8% / yr

01/05/2023

Sold

MRED #11640861

$1,570,000
12/16/2022

Pending

MRED #11640861

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 721 South Carpenter Street

Taxable ValueLand$14,134Additions$130,866Total$145,000
Tax Record2023$21,482 ($1,790 / month)
Home Facts
Baths4Total Finished SqFt5,936 SqFtAbove Grade Finished SqFt5,936 SqFtStories3Lot Size2,524 SqFtStyleMulti-Family Res (5+ Units)Year Built1889CountyCOOKAPN17-17-412-036

Schools near 721 South Carpenter Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Smyth J Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Chicago World Language Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

New listings in 60607

$400,000 | 203 South Sangamon Street, Unit 110, Chicago, IL 60607
1/16
Open: 8/15 12:00PM - 02:00PMVirtual Tour

$400,000

1
Bedrooms
1,100
Square Feet
$1,325,000 | 16 North Carpenter Street, Unit 4N, Chicago, IL 60607
1/19
Listed By @propertiesOpen: 8/15 11:00AM - 01:00PM

$1,325,000

3
Bedrooms
1,950
Square Feet
$749,000 | 843 West Adams Street, Unit 711, Chicago, IL 60607
1/17
New

$749,000

2
Bedrooms
Unavailable
Square Feet
$399,900 | 1019 West Jackson Boulevard, Unit 2J, Chicago, IL 60607
1/15
Listed By @propertiesNew

$399,900

2
Bedrooms
Unavailable
Square Feet
$729,000 | 916 South Bishop Street, Chicago, IL 60607
1/10
New

$729,000

5
Bedrooms
Unavailable
Square Feet
0.06
Acres
$375,000 | 106 North Aberdeen Street, Unit 4F, Chicago, IL 60607
1/13
@properties Coming Soon

$375,000

1
Bedrooms
Unavailable
Square Feet
$1,099,000 | 708 South Ada Street, Chicago, IL 60607
1/47

$1,099,000

9
Bedrooms
Unavailable
Square Feet
0.07
Acres
$385,000 | 1500 South Halsted Street, Unit 2A, Chicago, IL 60607
1/42
Listed By CompassVirtual Tour

$385,000

2
Bedrooms
1,200
Square Feet
$1,695,000 | 1125 West Monroe Street, Chicago, IL 60607
1/49

$1,695,000

4
Bedrooms
Unavailable
Square Feet
0.02
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 10

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/06/2023 04:57 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.