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$1,450,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 4,575 Sq. Ft.
  • Updated 2 days ago
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827 S Carpenter Street, Chicago, ILVideo Tour of 827 S Carpenter Street, Chicago, IL.
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.

Full Property Details for 827 S Carpenter St

General

  • Price: $1,450,000
  • HOA FEE: $2,185
  • Taxes: $16,378 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12758488

Interior

  • Interior Features: Laundry Room

Location

  • Area: CHI - Near West Side
  • County: Cook
  • Driving Directions: Taylor Street to Carpenter Street, north to property.

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Utilities

  • Water: Municipal Water
  • Onsite: Sewer Connected

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 3
  • Square Feet: 4,575
  • Current Bldg. Use: Multi-Family
  • Year Built: 1989

Unit Information

  • # Dryers: 1

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,500
  • Lot Dimensions: 25 x 100
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $2,185
  • Insurance Fee: $2,407
  • Operating Expenses: $29,901
  • Assessment Year: 1989
  • Tax Amount: $16,378
  • Tax Year: 2025
  • Pays Electric: 1279

Disclosures and Reports

  • Property ID: 17174200130000

Listed by Brookline Real Estate LLC

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— 827 S Carpenter St —

  • Brookline Real Estate LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 827 S Carpenter St

School District:Chicago Public School District 299
NameGradesDistance
Smyth J Elementary School
1059 West 13th Street, Chicago, IL 60608
K-80.4 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-112.1 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 for 827 S Carpenter St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,378
—
$94,886
18%
2023
$16,378
3%
$80,675
—
2022
$15,944
-12%
$80,675
-13%
2021
$18,091
9%
$93,000
20%
2020
$16,589
-1%
$77,323
-11%
2019
$16,822
2%
$86,880
—
2018
$16,537
38%
$86,880
48%
2017
$11,959
6%
$58,739
—
2016
$11,265
10%
$58,739
—
2015
$10,283
18%
$58,739
18%
2014
$8,724
2%
$49,587
—
2013
$8,540
1%
$49,587
—
2012
$8,450
—
$49,587
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Brookline Real Estate LLC

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827 S Carpenter Street, Chicago, IL 60607 (MLS# 12758488) is a Commercial property. 827 S Carpenter Street is currently listed for $1,450,000 and was received on September 13, 2026. Want to learn more about 827 S Carpenter Street? Do you have questions about finding other Commercial real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

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