For sale

$1,450,000

Est. $9,603/mo —

•

3 ba

•

4,575

sq ft

827 S Carpenter St, Chicago, IL 60607

About this home

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.

Multi-familyProperty Type

1989Year Built

2,500 sq ftLot Size

$317Price/Sq.Ft.

Listed by William Lundy • Brookline Real Estate LLC

Listing updated: Sep 15, 2026 at 02:52pm

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12758488

Payment calculator

$9,603 per month

Principal and interest$7,815

Property taxes

$1,365

HOA dues

Home insurance

$423

Utilities

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Open houses

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Around this home

Schools

K - 12
Preschool & daycare

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

About Little

Italy

Little Italy, located between the University of Illinois Chicago campus and the West Loop, is a historic and walkable Chicago neighborhood with classic brick flats and a restaurant-lined main drag. The neighborhood’s character concentrates along Taylor Street near Racine Avenue, where old-school Italian eateries, espresso counters, and corner bakeries keep the sidewalks busy. Community pillars include the National Italian American Sports Hall of Fame, the Italian American Museum of Chicago, and Rosebud on Taylor. Tree-lined blocks mix greystones, two-flats, and newer mid-rises, giving the streetscape a layered look. Arrigo Park and the surrounding courts add a daily rhythm of pick-up games and festivals. CTA Blue Line access at UIC-Halsted links the area to downtown and O’Hare.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Brick construction interior walls (building material noted)
Total of 5 residential units in the building

Bedrooms
Units include 3-bedroom floor plans

Bathrooms
Each 3-bedroom unit has 1 full bathroom

Kitchen
Kitchens include standard appliances (details not itemized)

Laundry & utility
On-site laundry: 1 washer and 1 dryer

Heating & cooling
Forced-air gas heating
Central air conditioning

Sale and tax history for 827 S Carpenter St

Sale History
Tax History

Date

Event

Price

MRED as Distributed by MLS Grid #09953306

Aug 17, 2018

Sold (MLS) (Closed Sale)

$1,075,000

$235/sq ft

Jun 29, 2018

Pending

—

May 23, 2018

Contingent

—

May 17, 2018

Listed (New)

$1,150,000

$251/sq ft

Public Records

Jul 7, 2005

Sold

$826,000

$181/sq ft

Public Records

Jan 9, 1996

Sold

$360,000

$79/sq ft

Public Records

Nov 15, 1988

Sold

$142,000

$31/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$16,378 (+2.7%)

$11,250 + $69,425

$80,675

2022

$15,944 (−11.9%)

$11,250 + $69,425

$80,675

2021

$18,091 (+9.1%)

$11,250 + $81,750

$93,000

2020

$16,589 (−1.4%)

$8,500 + $68,823

$77,323

2019

$16,822 (+1.7%)

$8,500 + $78,380

$86,880

2018

$16,537 (+38.3%)

$8,500 + $78,380

$86,880

2017

$11,959 (+6.2%)

$7,500 + $51,239

$58,739

2016

$11,265 (+9.6%)

$7,500 + $51,239

$58,739

2015

$10,282 (+17.9%)

$7,500 + $51,239

$58,739

2014

$8,723 (+2.1%)

$6,250 + $43,337

$49,587

2013

$8,540 (+1.1%)

$6,250 + $43,337

$49,587

2012

$8,450 (−11.8%)

$6,250 + $43,337

$49,587

2011

$9,583 (+4.6%)

$8,500 + $52,658

$61,158

2010

$9,163 (+6.4%)

$8,500 + $52,658

$61,158

2009

$8,611

$8,500 + $52,658

$61,158

2008

$8,605 (+5.3%)

$11,800 + $54,900

$66,700

2007

$8,175

$11,800 + $54,900

$66,700

Public record

Public record
Zoning

Beds

Baths

4.5

Stories

Lot width

—

Lot depth

—

Lot size

2,500 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

4,575

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,575

Year built

1989

Style

Multi-Family (2-4 Unit)

County

Cook County

APN

17174200130000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 11, 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

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

Minor risk of severe winds over 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

62/ 100

Moderate sunlight

Sunscore

This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.

7.4 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 827 S Carpenter St

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Details provided by MRED as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 827 S Carpenter St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 827 S Carpenter St

Early Access listings

Nearby similar homes

New listings for sale in 60607

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