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31 Properties Within 0.5 miles of: 3228 S Carpenter, Chicago

3228 S Carpenter
Chicago, IL 60608

  • 11 Beds
  • Built In 1891
Price

$1,249,000

Est Payment
$7,942 / month (details)  
Taxes
$15,849  
Beds
11  
Rooms
24  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25 X 125  
Built
1891  
Neighborhood
Bridgeport  
MLS
#12293996
Status
Active (62 days)

Property Description

Super rare find and a Bridgeport gem!!! Opportunity of a lifetime to own a turn-key multi-family property in the heart of Bridgeport. Very unique property as the main building in the front has 3 units with vaulted ceilings, hardwood floors, and open floor plans. Coach house in the back is basically single family living with 3 beds/2 bath with ample space for a couple or growing family. All 4 units are fully rented with a monthly rent roll of 8520 (can probably get another 300-500 additional in rent as owner never increased rent on one of the long-term tenants). 3 of the units have lease agreements valid until May 2026 and one of the units is month to month. Building set up perfect for owner-occupied conventional financing or simply use as an investment property. Seller did not want to liquidate this from his portfolio as it cash flows very nicely but his loss is your gain. All brick building with charm, great bones, ample space with seller leaving completely ready for next owner to start building wealth. Roof about 5 years old and new AC on 2nd floor unit and new furnace 1st floor unit both updated in 2024. No showings at this time but will have one of the units available hoping in the next week after tenant is back in town. Opportunities like this don't come around often so don't miss the chance at owning a quality multi-family property with great cash flow in the hot/sought after Bridgeport neighborhood. All offers must be reviewed by owner's preferred lender. This one won't last long so please submit your highest and best!!

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-21-2025 Listed at $1,299,000
02-21-2025 Price decreased by $50,000 to $1,299,000
04-21-2025 Price decreased by $50,000 to $1,249,000
Last Modified 4/21/25 5:34 PM

Nearby Transportation

  • Bus 31 0.2 mi
  • Bus 35 0.3 mi
  • Bus 8 0.3 mi
  • Bus 62 0.5 mi
  • Bus 44 0.6 mi
  • Bus 9 0.7 mi
  • Bus X9 0.7 mi
  • Bus 39 0.8 mi
  • Bus 24 1.1 mi
  • Bus 50 1.2 mi
  • Bus 43 1.2 mi
  • Bus 21 1.2 mi
  • Rock Island 1.2 mi
  • Orange Line 0.7 mi
  • Red Line 1.2 mi
  • I 55 South 0.9 mi
  • I 55 North 0.9 mi
  • I 90 East 1.1 mi
  • I 94 East 1.1 mi
  • I 90 West 1.2 mi
  • I 94 West 1.2 mi
  • I 290 East 2.4 mi
  • I 290 West 2.9 mi
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