Active
12 beds
827 S Carpenter St, Chicago, IL 60607
Est: $9,106/moGet pre-approved
Multi FamilyProperty Type
0.06 acresLot Size
1989Year Built

Description

Rare Little Italy/University Village multifamily investment opportunity at 827 S Carpenter Street. The property features five residential units, approximately 4,575 SF of building area on a 2,500 SF lot, and RT-4 zoning. Ideally located near UIC, Taylor Street, the Illinois Medical District, public transportation, restaurants, and neighborhood amenities. Strong rental history with additional income from on-site coin laundry. All units are currently leased through July 31, 2027. City of Chicago Certificate...Rare Little Italy/University Village multifamily investment opportunity at 827 S Carpenter Street. The property features five residential units, approximately 4,575 SF of building area on a 2,500 SF lot, and RT-4 zoning. Ideally located near UIC, Taylor Street, the Illinois Medical District, public transportation, restaurants, and neighborhood amenities. Strong rental history with additional income from on-site coin laundry. All units are currently leased through July 31, 2027. City of Chicago Certificate of Zoning Compliance reflects five dwelling units. Property is being sold subject to existing leases. Please do not disturb tenants. Proof of funds or pre-approval required prior to scheduling showings. Buyer to independently verify zoning, unit configuration, square footage, and all property information.
29 days on Market
  • Listed by: William Lundy 630.590.5910 WL@Brooklinellc.com • Brookline Real Estate LLC
Last updated: 09/20/2026 01:29 PM • Source: MRED as distributed by MLS GRID, MLS#: 12758488

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Listing Courtesy of Brookline Real Estate LLC
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$9,106 per month

30 year fixed, 7.03% Interest

Principal and Interest

$7,741

Property Taxes

$1,365

HOA Dues

$0

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Property Information for 827 South Carpenter Street

Property Details
  • Taxes: $16,378 / year
  • MLS Type: Multi Family 5+ / Flats
  • County: Cook County
  • Area: CHI - Near West Side
  • Air Conditioning Type: Central Air
  • Zoning: MULTI
Building Information
  • Stories: 3
  • Residences: 5
  • Year Built: 1989
  • Lot Size: 0.06 AC / 2,500 SF
General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: 48-Hr Notice Required,Profit & Loss Avalia
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • # Of Washers: 1
  • Heat/Ventilation: Forced Air,Gas
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • Num of Baths: 5.0
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Sewer Connected
Property/Lot Information
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 25x100
  • Lot Size Square Feet: 2500.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Building Area Total: 4575
  • Conversion: N
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-09-14T15:35:54
  • Photos Count: 17
  • Deconversion: N
  • OpenHouse Count: 0
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: 5
Income & Expenses
  • Electric Expense: $1,279.00
  • Fuel Expense: $1,841.00
  • Gross Income: $133,270.00
  • Insurance Expense: $2,407.00
  • Maintenance Expense: $2,185.00
  • Janitor Expense: 0
  • Total Monthly Income: 11105
  • Net Operating Income: $103,368.00
  • Operating Expense: $29,901.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,569.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
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: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 827 South Carpenter Street

DateEvent & SourcePriceAppreciation
Aug 17, 2018

Sold (Public Record)

Public Record #628683067

$1,075,000

+2.0% / yr

Jul 7, 2005

Sold (Public Record)

Public Record #161326042

$826,000—
DateEvent & SourcePrice
08/17/2018

Sold (Public Record)

Public Record #628683067

$1,075,000

+2.0% / yr

07/07/2005

Sold (Public Record)

Public Record #161326042

$826,000

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

Public Records for 827 South Carpenter Street

Taxable ValueLand$14,000Additions$80,886Total$94,886
Tax Record2023$16,378 ($1,365 / month)
Home Facts
Baths4.5Total Finished SqFt4,575 SqFtAbove Grade Finished SqFt4,575 SqFtStories3Lot Size2,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1989Year Renovated1991ZoningRT-4CountyCOOKAPN17-17-420-013-0000

Schools near 827 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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Similar Homes

827 South Carpenter Street is a multi-family home for sale in Chicago, IL 60607. This property was listed for sale on September 13, 2026 by Brookline Real Estate LLC, it's currently listed at $1,450,000. It has been on the market for a total of 29 days and was last sold on August 17, 2018. 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. 827 South Carpenter Street is a 12-bed, 5-bath multi-family home built in 1989.

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 09/20/2026 01:29 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.