$1,050,000
$1,125,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
3340 S Carpenter ST Chicago, IL 60608
3,049 Sqft Lot
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12420666
Sold Date 12/05/25
Maintenance Fees $7,290
Year Built 1900
Annual Tax Amount $11,211
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 25 x 125
Property Sub-Type Multi Family 5+
Property Description
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!
Location
State IL
County Cook
Area Chi - Bridgeport
Zoning MULTI
Interior
Cooling Central Air, Central Individual
Fireplace N
Building
Structure Type Brick,Concrete
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Ryan Grober of Jameson Sotheby's Intl Realty
NEARBY SCHOOLS & BUSINESSES
- 10
STEM Magnet Academy Elementary School
Public | KG - 5
- 9
Jackson a Elementary Language Academy
Public | KG - 8
- 9
Galileo Elementary Math & Science Schol Acd
Public | KG - 8
- 9
Sheridan Elementary Math & Science Academy
Public | KG - 8
- 9
Healy Elementary School
Public | PK - 8
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J. Ward Elementary School
Public | KG - 8
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Haines Elementary School
Public | PK - 8
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Perez Elementary School
Public | PK - 8
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Burroughs Elementary School
Public | PK - 8
- 7
South Loop Elementary School
Public | PK - 8
- 6
Horizon Science Academy-Mckinley Park
Public | KG - 8
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Namaste Elementary Charter School
Public | KG - 8
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Chavez Multicultural Academic Center Elementary School
Public | PK - 8
- 6
Holden Elementary School
Public | PK - 8
- 5
Saucedo Elementary Scholastic Academy
Public | PK - 8
- 5
Plamondon Elementary School
Public | KG - 8
- 5
Uno Academy Charter Schools
Public | KG - 12
- 5
Talman Elementary School
Public | PK - 8
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Carson Elementary School
Public | PK - 8
- 5
Christopher Elementary School
Public | KG - 8
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Young Magnet High School
Public | 7 - 12
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Orozco Elementary School
Public | 6 - 8
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Evergreen Academy Middle School
Public | 6 - 8
- 3
Young Womens Leadership Chartr High School
Public | 7 - 12
- 1
Perspectives Charter High School
Public | 6 - 12
- 0
San Miguel-Back of the Yards
Private | 6 - 8
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Back of the Yards International Baccalaureate High School
Public | 9 - 9
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Jones College Preparatory High School
Public | 9 - 12
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Chicago High School for the Arts
Public | 9 - 12
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Air Force Academy High School
Public | 9 - 12
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Chicago Military Academy High School
Public | 9 - 12
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Crane Medical Preparatory High School
Public | 9 - 9
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Phillips Academy High School
Public | 9 - 12
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Richards Career Academy High School
Public | 9 - 12
- 5
Williams Medical Preparatory High School
Public | 9 - 12
- 4
Ihsca Charter High School
Public | 9 - 12
- 3
Juarez Community Academy High School
Public | 9 - 12
- 3
Bronzeville Scholastic High School
Public | 9 - 12
- 2
Chicago Technology Academy High School
Public | 9 - 12
- 2
Dunbar Vocational Career Academy High School
Public | 9 - 12
- 1
Kelly High School
Public | 9 - 12
- 1
Gage Park High School
Public | 9 - 12
- 1
Urban Preparatory Charter Academy West Campus High School
Public | 9 - 12
- 1
Tilden Career Community Academy High School
Public | 9 - 12
- 1
Hope College Preparatory High School
Public | 9 - 12
- 1
Urban Preparatory Charter Academy Bronzeville High School
Public | 9 - 12
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