8 beds
823 S Carpenter St, Chicago, IL 60607
Est: $4,235/moGet pre-approved

Description

Brookline Real Estate is pleased to present 823 S. Carpenter Street, a fully leased two-unit investment property in Chicago's Little Italy/University Village neighborhood. The property contains two four-bedroom, one-bath apartments and totals approximately 2,656 square feet. Located within the UIC campus and near the Illinois Medical District, Taylor Street, public transportation and downtown Chicago. The property offers immediate income in a highly desirable, supply-constrained rental market. Additional...Brookline Real Estate is pleased to present 823 S. Carpenter Street, a fully leased two-unit investment property in Chicago's Little Italy/University Village neighborhood. The property contains two four-bedroom, one-bath apartments and totals approximately 2,656 square feet. Located within the UIC campus and near the Illinois Medical District, Taylor Street, public transportation and downtown Chicago. The property offers immediate income in a highly desirable, supply-constrained rental market. Additional financial and property information is available in the sales brochure. Proof of funds and pre-approval required.
LISTING UPDATED: 08/23/2026 01:53 PM

  1. Listed by William Lundy • Brookline Real Estate LLC
    P: (630) 590-5910 C: (708) 921-7952 WL@Brooklinellc.com

Property Details for 823 South Carpenter Street

Status
MLS #
12740513
Days on Market
1
Taxes
$12,703 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / 2 Flat
Year Built
1878
Lot Size
0.06 AC / 2,500 SF
Area
CHI - Near West Side
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

Listing Courtesy of Brookline Real Estate LLC
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Building Information for 823 South Carpenter Street

Stories-Residences2Year Built1878Building Size-Lot Size0.06 AC / 2,500 SF

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$4,235 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,177

Property Taxes

$1,059

HOA Dues

$0

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Property Information for 823 South Carpenter Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Yes
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms Total: 8
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 8
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25x100
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Frame
  • Construction: Frame
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 823
  • East Coordinate: 0
  • West Coordinate: 1032
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2026-08-23T18:16:38
  • Photos Count: 14
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $63,000.00
  • Insurance Expense: $1,992.00
  • Maintenance Expense: $2,929.00
  • Net Operating Income: $45,276.00
  • Water Sewer Expense: $1,417.00
Unit 1
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 7/27
Unit 2
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 7/27

Property History for 823 South Carpenter Street

DateEvent & SourcePriceAppreciation
Aug 23, 2026

Listed (Active)

MRED #12740513

$625,000
Aug 17, 2022

Expired

MRED #11212344

$1,899,999
Sep 7, 2021

Listed (Active)

MRED #11212344

$1,999,999
DateEvent & SourcePrice
08/23/2026

Listed (Active)

MRED #12740513

$625,000
08/17/2022

Expired

MRED #11212344

$1,899,999
09/07/2021

Listed (Active)

MRED #11212344

$1,999,999

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

Schools near 823 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.

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823 South Carpenter Street is a multi-family home for sale in Chicago, IL 60607. This property was listed for sale on August 23, 2026 by Brookline Real Estate LLC, it's currently listed at $625,000. This listing's school district is Chicago Public Schools. Nearby schools include Smyth J Elementary School, Wells Community Academy High School and Galileo Scholastic Academy of Math & Science. 823 South Carpenter Street is a 8-bed, 2-bath multi-family home built in 1878.

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 Brookline Real Estate LLC

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 08/23/2026 01:53 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.