3340 South Carpenter Street, Chicago, IL

$1,125,000

Previous Next

0.07

Acres

About 3340 South Carpenter Street

This fully renovated 7-unit brick building is 100% occupied and generates nearly $118,000 in annual gross rental income. Renovated top to bottom in 2017-2018, the property consists of six 1 Bed / 1 Bath units in the main building and 1 unit in the rear coach house-each featuring modern finishes such as stainless steel appliances, granite countertops, dishwashers, microwaves, updated bathrooms, central HVAC, and spacious layouts with ample storage. Tenants pay for their own gas and electric, while a coin-operated laundry room provides additional passive income. Major capital improvements-including a full tear-off roof, new electrical, and plumbing systems-ensure low maintenance costs and long-term durability. Located on a quiet, tree-lined street just two blocks from the Bridgeport Art Center, this property offers stable cash flow and long-term upside in one of Chicago's most desirable and appreciating neighborhoods. A true armchair investment-don't miss this rare opportunity!

Features of 3340 South Carpenter Street

MLS® # 12420666
Price $1,125,000
Bathrooms 0.00
Acres 0.07
Year Built 1900
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 3340 South Carpenter Street
Area CHI - Bridgeport
City Chicago
County Cook
State IL
Zip Code 60608

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Central Individual
Fireplace No
Has Basement No

Exterior

Exterior Brick, Concrete
Foundation Concrete Perimeter

Additional Information

Days on Market 61
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Real Estate Group
Contact Info312-492-7900

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?