827 S Carpenter Street Chicago, IL ^$ 1,450,000

827 S Carpenter Street

^$ 1,450,000

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827 S Carpenter Street

Chicago, IL, 60607

^$ 1,450,000

Bedrooms6 Baths0.0 Sq 4,575

Monthly Estimate*

^$ 9,155

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Multi-Family Home for sale in Chicago, IL

for $1,450,000 with 6 bedrooms. This 4,575 square foot home was built in 1989 on a lot size of 0.06.

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.

Multi-Family Active

Price

^$ 1,450,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 16,378

Style

Multi-Family

Lot Size

0.06

Year Built

1989

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12758488

Features

General

Cooling Central Air

Utilities Sewer Connected

Zoning MULTI

Construction Materials Brick

Year Built 1989

Stories Count 3

Tax Year 2025

Current Use Multi-Family

Gross Income 133270

County Cook

Net Operating Income 103368

Operating Expense 29901

Insurance Expense 2407

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 2185

Status Active

Directions Taylor Street to Carpenter Street north to property.

City Chicago

Number Of Units Total 5

MLS Area CHI - Near West Side

Lot Size Square Feet 2500

Tax Annual Amount 16378

Electric Expense 1279

Fuel Expense 1841

Trash Expense 0

Water Sewer Expense 2569

Additional Parcels Y/N N

Virtual Tour https://www.youtube.com/watch?v=7mCoCGqDmcg

Standard Status Active

Exterior

Water Source Municipal Water

Building Area Total 4575

Lot Dimensions 25x100

Lot Size Acres 0.06

* Excluded Features

List By

Brookline Real Estate Llc

Broker

WL@Brooklinellc.com

Affordability Calculator

$10,520

Per Month

Monthly Principal & Interest: $9,155
Monthly Property Taxes: $1,365
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$642,070

Percent of Sale Price 56%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/15/2026	$1,450,000		Listed Price

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827 S Carpenter Street, Chicago, IL, 60607 is a Multi-Family Home for sale at $1,450,000 with 4,575 sqft and a lot size of 0.06. 827 S Carpenter Street has 6 bedrooms, 0.0 baths, and was built in 1989. The property's zip code is 60607 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 10/3/2026.

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827 S Carpenter Street

Multi-Family Home for sale in Chicago, IL

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