OFF MARKET

Off Market May 2025 for $1.5M

—

Est. refi paymentEst. refi $8,669/mo

•

6 ba

•

4,600

sq ft

923 S Carpenter St, Chicago, IL 60607

About this home

Turn-key 5-unit apartment building located in Chicago's highly desirable Little Italy neighborhood. Two buildings on a single lot - 2 units in front and 3 units in rear. This property underwent a full interior renovation in recent years and boasts bright, sun-filled units with generous floor plans. The buildings offer a well balanced unit mix of 5 bed, 3 bed, and 2 bedroom apartments. Located only blocks from UIC where enrollment grew in 2024 and continues to draw high quality and consistent tenants to the area. Vacancy is never a concern in this centrally located neighborhood with proximity to schools, downtown, restaurants and public transportation. New owner has the opportunity to leverage a turn key asset with rental upside in a booming location.

Multi-familyProperty Type

1925Year Built

2,415 sq ftLot Size

$343Price/Sq.Ft.

Listed by Michael Scanlon • eXp Realty

Listed by Jake Fugman • eXp Realty

Bought with Michael Scanlon • eXp Realty

Redfin checked: 30 minutes ago

•Source:MRED as Distributed by MLS Grid #12284509

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in Little Italy, IL

Last updated August 2026

Sale-to-List Price

98.1%

+1.2% MoM

Median sale price

$337K

$15K MoM

Avg. days on market

112d

7 days MoM

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12 MoM

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Provided by Redfin

Sale history for 923 S Carpenter St

Date

Event

Price

Public Records

Jul 25, 2025

Sold

$1,580,000

$343/sq ft

MRED as Distributed by MLS Grid #12284509

May 12, 2025

Sold (MLS) (Closed)

$1,580,000

$343/sq ft

Mar 9, 2025

Contingent (Contingent - No Showings)

—

Feb 12, 2025

Listed (Active)

$1,625,000

$353/sq ft

Public Records

Jul 6, 2020

Sold

$875,000

$190/sq ft

MRED as Distributed by MLS Grid #10629006

Mar 6, 2020

Listing Removed

—

Feb 5, 2020

Listed

Public Records

Feb 1, 1993

Sold

$265,000

$58/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$20,049 (−0.6%)

$10,800 + $83,898

$94,698

2022

$20,162 (+2.3%)

$10,800 + $86,892

$97,692

2021

$19,710 (+63.7%)

$10,800 + $86,892

$97,692

2020

$12,043 (−1.3%)

$8,160 + $45,720

$53,880

2019

$12,204 (+1.7%)

$8,160 + $52,380

$60,540

2018

$11,997 (−9.8%)

$8,160 + $52,380

$60,540

2017

$13,301 (+7.8%)

$7,200 + $54,375

$61,575

2016

$12,333 (+9.3%)

$7,200 + $54,375

$61,575

2015

$11,283 (+0.7%)

$7,200 + $54,375

$61,575

2014

$11,207 (+2.0%)

$6,000 + $54,405

$60,405

2013

$10,986 (+1.4%)

$6,000 + $54,405

$60,405

2012

$10,839 (−11.5%)

$6,000 + $54,405

$60,405

2011

$12,249 (−0.4%)

$8,160 + $67,428

$75,588

2010

$12,300 (+4.4%)

$8,160 + $67,428

$75,588

2009

$11,787 (+22.4%)

$8,160 + $67,428

$75,588

2008

$9,633 (+1.0%)

$11,328 + $55,826

$67,154

2007

$9,537

$11,328 + $55,826

$67,154

Tax history for 923 S Carpenter St

Year

Property tax

Land + Additions

Assessment*

2023

$20,049 (−0.6%)

$10,800 + $83,898

$94,698

2022

$20,162 (+2.3%)

$10,800 + $86,892

$97,692

2021

$19,710 (+63.7%)

$10,800 + $86,892

$97,692

2020

$12,043 (−1.3%)

$8,160 + $45,720

$53,880

2019

$12,204 (+1.7%)

$8,160 + $52,380

$60,540

2018

$11,997 (−9.8%)

$8,160 + $52,380

$60,540

2017

$13,301 (+7.8%)

$7,200 + $54,375

$61,575

2016

$12,333 (+9.3%)

$7,200 + $54,375

$61,575

2015

$11,283 (+0.7%)

$7,200 + $54,375

$61,575

2014

$11,207 (+2.0%)

$6,000 + $54,405

$60,405

2013

$10,986 (+1.4%)

$6,000 + $54,405

$60,405

2012

$10,839 (−11.5%)

$6,000 + $54,405

$60,405

2011

$12,249 (−0.4%)

$8,160 + $67,428

$75,588

2010

$12,300 (+4.4%)

$8,160 + $67,428

$75,588

2009

$11,787 (+22.4%)

$8,160 + $67,428

$75,588

2008

$9,633 (+1.0%)

$11,328 + $55,826

$67,154

2007

$9,537

$11,328 + $55,826

$67,154

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2,400 Sq. Ft.

Year renovated

—

Sq. Ft.

1,872

Year built

1884

Style

Multi-Family (2-4 Unit)

County

Cook County

APN

17174200280000

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

Property details

Interior

Equipment
# Of Dishwashers: 5
# Of Ranges: 5
# Of Washers: 5
# Of Dryers: 5

Unit Type 1 Information
# of Rooms: 8
# of Bedrooms: 5
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
# of Units: 1
Monthly Income: $4,470
Monthly Income Max: $4,470

Unit Type 2 Information
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $2,875
Monthly Income Max: $2,875

Unit Type 3 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $1,815
Monthly Income Max: $1,815

Unit Type 4 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $1,975
Monthly Income Max: $1,975

Unit Type 5 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 1
Monthly Income: $2,205
Monthly Income Max: $2,205

Exterior

Building Information
# of Units: 5
Built Before 1978 (Y/N): Yes
Roof Structure: Pitched
Construction Materials: Brick, Aluminum Siding

Property Information
Property Type: Multi Family 5+
Tenancy Type: Leases
Parcel Number: 17174200280000

Lot Information
Dimensions: 25X125
Lot Size Source: Survey
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $20,162
Tax Year: 2023

Financial Information
Finance Code: Other
Gross Rent Multiplier: 10
Total Monthly Income: $13,320
Gross Income: $159,840

Utilities

Heating & Cooling
Heat/Ventilation: Forced Air,Gas
Cooling: Central Air

Location

Location Information
Township: West Chicago
Directions: Carpenter near UIC to building at 923 S Carpenter

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 1,872
Stories: 1.0
Lot Size: 2,400 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1884
Year Renovated: —
County: Cook County
APN: 17174200280000

Home facts updated by county records on Jul 10, 2026

Other

Expense Information
Water Sewer Expense: $2,821
Water Expense Source: Actual
Trash Expense: $1,588
Insurance Expense: $4,000

Listing Information
Some Photos Virtually Staged?: No

Teams Information
Buyer Team Name: The Axon Group

Around this home

Schools

Smyth J Elementary School

Public PreK-8 • Assigned • 0.3mi

2/10

Wells Community Academy High School

Public 9-12 • Assigned • 2.2mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

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Home values near 923 S Carpenter St

Data from public records.

Address	Redfin Estimate
924 S Carpenter Street #3, Chicago, IL - Beds \| - Baths \| - Sq. Ft.	$781,030
918 S Carpenter Street #1, Chicago, IL 4 Beds \| 2 Baths \| 1640 Sq. Ft.	$814,943

Address	Redfin Estimate
924 S Carpenter Street #2, Chicago, IL - Beds \| 2 Baths \| - Sq. Ft.	$502,566
919 S Carpenter Street, Chicago, IL 4 Beds \| 2 Baths \| 1650 Sq. Ft.	$493,647

Address	Redfin Estimate
924 S Carpenter Street #1, Chicago, IL 3 Beds \| 2.5 Baths \| - Sq. Ft.	$613,206
925 S Carpenter Street, Chicago, IL 10 Beds \| 5 Baths \| 4082 Sq. Ft.	—

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in Little Italy, IL

Sale history for 923 S Carpenter St

Tax history for 923 S Carpenter St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60607

Home values near 923 S Carpenter St

More real estate resources