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$799,900
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Property Description
Exceptional opportunity to own a fully-occupied, newly-renovated turnkey 6-unit brick building offering outstanding rental income and long-term stability. This investment property features six 3-bed/1-bath units, providing a total of 18 bedrooms and 6 bathrooms - ideal for strong, reliable cash flow. All units have central air, forced heat, stainless steel appliances, newly-renovated kitchens, bathrooms, washer/dryer hookups, tankless water heaters, and newer mechanicals. The building is extremely well-maintained with no deferred maintenance, making it a perfect plug-and-play investment for any seasoned or first-time investor. Currently 100%-occupied with stable tenants who prefer long-term leasing, providing immediate income from Day One. Situated on a well-kept lot with a brick 2-car garage plus an additional concrete parking slab, the property offers premium parking options rarely found in multi-unit buildings.
Full Property Details
Full Property Details for 7727 S Carpenter St
General
- Price: $799,900
- Taxes: $6,629 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12642668
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Township: Lake
- Driving Directions: north/south on Halsted St to 76th St, west to Carpenter, 1-way south to property.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air
Utilities
- Trash: 3600
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Block, Brick/Mortar
- Stories/Levels: 3
- Year Built: 1924
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.15
- Lot Dimensions: 55 x 124
- Potential Use: Commercial
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $11,040
- Assessment Year: 1924
- Tax Amount: $6,629.97
- Tax Year: 2024
- Pays Trash: 3600
Disclosures and Reports
- Documents Avail.: Rent Roll
- Property ID: 20294190080000
Listed by Century 21 S.G.R., Inc.
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Schools
Schools serving 7727 S Carpenter St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Oglesby Elementary School 7646 South Green Street, Chicago, IL 60620 | PK-8 | 0.2 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 7727 S Carpenter St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,064
—
$33,000
38%
2023
$5,064
3%
$24,000
—
2022
$4,936
2%
$24,000
—
2021
$4,826
28%
$24,000
42%
2020
$3,758
-2%
$16,870
-12%
2019
$3,852
2%
$19,171
—
2018
$3,787
-28%
$19,171
-22%
2017
$5,284
7%
$24,545
—
2016
$4,916
9%
$24,545
—
2015
$4,498
20%
$24,545
8%
2014
$3,745
2%
$22,755
—
2013
$3,660
1%
$22,755
—
2012
$3,636
—
$22,755
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7727 S Carpenter St
7727 S Carpenter Street, Chicago, IL 60620 (MLS# 12642668) is a Commercial property. 7727 S Carpenter Street is currently listed for $799,900 and was received on May 08, 2026. Want to learn more about 7727 S Carpenter Street? Do you have questions about finding other Commercial real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

