3320 S Carpenter St Chicago, IL 60608
Bridgeport NeighborhoodEstimated payment $8,101/month
About This Home
The property presents an attractive value-add investment opportunity in Chicago's Bridgeport neighborhood. The brick building contains six legal units consisting of five two-bedroom/one-bath apartments and one studio, plus two large non-conforming loft-style studio units. The non-conforming units may offer the potential to be duplexed into existing apartments or converted to legal dwelling units under Chicago's expanded ADU ordinance, subject to zoning and municipal approval. A rear brick structure provides additional flexibility and could potentially be converted into a garage, repurposed as an additional ADU or demolished to create a larger parking pad. The property also includes a full basement with shared laundry and tenant storage. With strong cash flow in place and several opportunities to increase the property's legal unit count and long-term value, this property offers investors a compelling combination of immediate income and future upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,202
Year Built
- Built in 1895
Lot Details
- 3,001 Sq Ft Lot
- Lot Dimensions are 24 x 125
Home Design
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,008 Sq Ft Home
- 4-Story Property
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Separate Meters
Community Details
- 6 Units
- Gross Income $196,440
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2026 08/28/26 | For Sale | $1,290,000 | +108.4% | $322 / Sq Ft | |
| 07/22/2019 07/22/19 | Sold | $619,000 | -3.0% | -- | View Prior Sale |
| 04/19/2019 04/19/19 | Pending | -- | -- | -- | |
| 04/15/2019 04/15/19 | For Sale | $638,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12745712
APN: 17322170740000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 3241 S Carpenter St
- 3353 S Aberdeen St
- 1012 W 32nd Place
- 3249 S Racine Ave
- 3233 S Morgan St
- 1046 W 34th Place
- 3209 S Racine Ave
- 3154 S May St
- 941 W 32nd St
- 939 W 32nd St
- 925 W 31st Place
- 930 W 35th St
- 3107 S Morgan St
- 3505 S Morgan St Unit P66
- 3505 S Morgan St Unit P75
- 3505 S Morgan St Unit P77
- 3500 S Sangamon St Unit 404
- 3500 S Sangamon St Unit 208
- 3500 S Sangamon St Unit 314
- 974 W 35th Place Unit 508
- 3145 S May St Unit 1F
- 1015 W 31st Place
- 3147 S Morgan St
- 3112 S May St
- 3112 S May St Unit 2R
- 1001 W 31st St
- 1001 W 31st St
- 827 W 33rd Place Unit 4
- 827 W 33rd Place Unit GRB
- 3225 S Halsted St Unit 3
- 2934 S Keeley St
- 2973 S Lyman St
- 3625 S Morgan St
- 3427 S Emerald Ave Unit 1
- 3306 S Union Ave
- 3212 S Wallace St Unit 3
- 3625 S Emerald Ave Unit 2
- 2896 S Archer Ave
- 3359 S Ashland Ave
- 3411 S Ashland Ave
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