827 S Carpenter Street
Chicago, IL, 60607
$1,450,000
3 Beds
1 Baths
0 SqFt
0.06 Acres
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$1,450,000
827 S Carpenter Street
Chicago, IL, 60607
MLS #MRD12758488 image #0MLS #MRD12758488 image #1MLS #MRD12758488 image #2MLS #MRD12758488 image #3MLS #MRD12758488 image #4MLS #MRD12758488 image #5MLS #MRD12758488 image #6MLS #MRD12758488 image #7MLS #MRD12758488 image #8MLS #MRD12758488 image #9MLS #MRD12758488 image #10MLS #MRD12758488 image #11MLS #MRD12758488 image #12MLS #MRD12758488 image #13MLS #MRD12758488 image #14MLS #MRD12758488 image #15MLS #MRD12758488 image #16MLS #MRD12758488 image #17
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.

Property Details

Price:
$1,450,000
MLS #:
MRD12758488
Status:
Active
Beds:
3
Baths:
1
Type:
Commercial
Neighborhood:
chinearwestside
Listed Date:
Sep 14, 2026
Total Sq Ft:
4,575
Lot Size:
2,500 sqft / 0.06 acres (approx)
Year Built:
1989
Chi – Near West SideChinearwestside

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
3

Financial

Maintenance Fee
$2,185
Net Operating Income
$103,368
Tax Year
2025
Taxes
$16,378
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Sep 14, 2026
911
Commercial Listed
185
Avg DOM
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Avg List Price

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Property Summary

    827 S Carpenter Street Chicago IL is a Commercial for sale in Chicago, IL, 60607. It is listed for $1,450,000 To schedule a showing of MLS#mrd12758488 at 827 S Carpenter Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
827 S Carpenter Street
Chicago, IL