Chicago, IL 60608,3340 S Carpenter Street
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Chicago, IL 60608,3340 S Carpenter Street
Chicago, IL 60608,3340 S Carpenter Street
Chicago, IL 60608,3340 S Carpenter Street
Chicago, IL 60608,3340 S Carpenter Street
Listed by Brian Ruffof Coldwell Banker Real Estate Group
Bought with Ryan Grober of Jameson Sotheby's Intl Realty

$1,050,000

Est. payment /mo

$1,125,000

6.7%
Est.Price: ?

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3340 S Carpenter Street Chicago, IL 60608

3,049 Sqft Lot

SOLD DATE : 12/05/2025

Key Details

Sold Price $1,050,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12420666

Sold Date 12/05/25

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

Zoning MULTI

Interior

Cooling Central Air, Central Individual

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick,Concrete

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Midwest Real Estate Data (MRED) VOW
Andy Svalesen

Andy Svalesen

Agent | License ID: 475.198802

+1(312) 248-9882

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