823 S Carpenter Street Chicago, IL $ 625,000
823 S Carpenter Street
$ 625,000
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823 S Carpenter Street

Chicago, IL, 60607
$ 625,000
Bedrooms8 Baths2.0

Monthly Estimate*

$ 3,946

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Multi-Family Home for sale in Chicago, IL

for $625,000 with 8 bedrooms and 2 full baths. This home was built in 1878.

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.

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Multi-Family Active

Price

$ 625,000

Bedrooms

8

Full Bath

2

Property Type

Multi-Family

Taxes

$ 12,703

Style

Year Built

1878

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12740513

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Construction Materials Frame
Year Built 1878
Township West Chicago
Tax Year 2023
Ownership Fee Simple
Gross Income 63000
County Cook
Net Operating Income 45276
Insurance Expense 1992
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 2929
Total Rooms 12
Status New
Directions Halsted Street to Taylor Street west to Carpenter Street then south to 823 S. Carpenter Street.
City Chicago
High School District 299
MLS Area CHI - Near West Side
Tax Annual Amount 12703
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 1417
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 2
Bedrooms Possible 8
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 25x100
Waterfront Y/N N
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* Excluded Features
List By
Brookline Real Estate Llc

Broker

WL@Brooklinellc.com

Email

Affordability Calculator

$5,005
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,946
Monthly Property Taxes
$1,059
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/23/2026$625,000 Listed Price

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823 S Carpenter Street, Chicago, IL, 60607 is a Multi-Family Home for sale at $625,000. 823 S Carpenter Street has 8 bedrooms, 2.0 baths, and was built in 1878. The property's zip code is 60607 which is in Chicago, IL