Brookline Real Estate is pleased to present 823 S. Carpenter Street, a fully leased two-unit investment property in Chicago's Little Italy/University Village neighborhood. The property contains two four-bedroom, one-bath apartments and totals approximately 2,656 square feet. Located within the UIC campus and near the Illinois Medical District, Taylor Street, public transportation and downtown Chicago. The property offers immediate income in a highly desirable, supply-constrained rental market. Additional financial and property information is available in the sales brochure. Proof of funds and pre-approval required. Showing to start Friday afternoon at 12 PM. There may be overlap in showings.
Multi-familyProperty Type
1878Year Built
2,500 sq ftLot Size
2 spacesParking
Listed by William Lundy• Brookline Real Estate LLC
Bought with William Lundy• Brookline Real Estate LLC
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
17174200120000
Parking Spaces
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Basement
—
Accessible
—
HOA Dues
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Garage
—
Features
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Last updated by owner on Aug 23, 2026.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Parking
Parking Information
# of Parking (Total): 2
Interior
Virtual Tour
Additional Media Type 1: Virtual Tour
Bathroom Information
# of Baths (Full): 2
Bedroom Information
# of Bedrooms: 8
# of Bedrooms Possible: 8
Additional Rooms Information
Basement: Unfinished, Full
Interior Features
# of Rooms: 12
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Unit Type 1 Information
Floor Number: 1
# of Rooms: 6
# of Bedrooms: 4
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 400
Rent: $2,500
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Thursday, July 1, 2027
Unit Type 2 Information
Floor Number: 2
# of Rooms: 6
# of Bedrooms: 4
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: $400
Rent: $2,500
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Thursday, July 1, 2027
Exterior
Building Information
# Of Units in Building: 2
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Construction Materials: Frame
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 17174200120000
Lot Information
Dimensions: 25x100
Lot Size: Less Than .25 Acre
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $12,703
Tax Year: 2023
Financial Information
Finance Code: Cash
Special Service Area: N
Gross Income: $63,000
Utilities
Utility Information
Water Source: Lake Michigan, Public
Sewer: Public Sewer
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: West Chicago
Corporate Limits: Chicago
Directions: Halsted Street to Taylor Street, west to Carpenter Street, then south to 823 S. Carpenter Street.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 17174200120000
Home facts updated by county records on Aug 23, 2026
Other
Expense Information
Water Sewer Expense: $1,417
Insurance Expense: $1,992
Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
Smyth J Elementary School
Public PreK-8 • Assigned • 0.4mi
2/10
Wells Community Academy High School
Public 9-12 • Assigned • 2.1mi
1/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60607
Average low and high temperatures (°F)
31
17
39
25
55
36
62
45
68
53
81
66
86
72
81
68
78
63
66
54
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
50/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.7 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$661,000 – $800,000
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