Seller's Agent in 2025
Brian Ruff
Coldwell Banker Real Estate Group
(773) 720-2651
2 in this area
89 Total Sales
3340 S Carpenter St Chicago, IL 60608
Bridgeport Neighborhood
--
Bed
--
Bath
720
Sq Ft
3,125
Sq Ft Lot
Highlights
- Laundry Room
- Forced Air Heating and Cooling System
- 4-minute walk to John P. Wilson Park
- Storage Room
About This Home
As of December 2025This fully renovated 7-unit brick building is 100% occupied and generates nearly $118,000 in annual gross rental income. Renovated top to bottom in 2017-2018, the property consists of six 1 Bed / 1 Bath units in the main building and 1 unit in the rear coach house-each featuring modern finishes such as stainless steel appliances, granite countertops, dishwashers, microwaves, updated bathrooms, central HVAC, and spacious layouts with ample storage. Tenants pay for their own gas and electric, while a coin-operated laundry room provides additional passive income. Major capital improvements-including a full tear-off roof, new electrical, and plumbing systems-ensure low maintenance costs and long-term durability. Located on a quiet, tree-lined street just two blocks from the Bridgeport Art Center, this property offers stable cash flow and long-term upside in one of Chicago's most desirable and appreciating neighborhoods. A true armchair investment-don't miss this rare opportunity!
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #475119859 Listed on: 08/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,211
Year Built
- Built in 1900
Lot Details
- 3,125 Sq Ft Lot
- Lot Dimensions are 25 x 125
Home Design
- Brick Exterior Construction
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Storage Room
- Laundry Room
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Separate Meters
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $1,577
- Fuel Expense $200
- Insurance Expense $8,691
- Maintenance Expense $7,290
- Manager Expense $5,088
- Other Expense $3,615
- Trash Expense $1,996
- Water Sewer Expense $2,889
- Operating Expense $45,607
- Gross Income $118,476
- Net Operating Income $72,869
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/05/2025 12/05/25 | Sold | $1,050,000 | -6.7% | $1,458 / Sq Ft | |
| 10/08/2025 10/08/25 | Pending | -- | -- | -- | |
| 10/07/2025 10/07/25 | For Sale | $1,125,000 | 0.0% | $1,563 / Sq Ft | |
| 09/08/2025 09/08/25 | Pending | -- | -- | -- | |
| 08/20/2025 08/20/25 | For Sale | $1,125,000 | +121.7% | $1,563 / Sq Ft | |
| 10/19/2015 10/19/15 | Sold | $507,500 | -3.3% | -- | View Prior Sale |
| 09/17/2015 09/17/15 | Pending | -- | -- | -- | |
| 07/12/2015 07/12/15 | For Sale | $525,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,211 | $68,373 | $15,469 | $52,904 |
| 2024 | $11,211 | $68,373 | $15,469 | $52,904 |
| 2023 | $10,929 | $53,138 | $12,500 | $40,638 |
| 2022 | $10,929 | $53,138 | $12,500 | $40,638 |
| 2021 | $13,531 | $67,288 | $12,500 | $54,788 |
| 2020 | $9,533 | $42,795 | $10,000 | $32,795 |
| 2019 | $9,945 | $49,501 | $10,000 | $39,501 |
| 2018 | $9,778 | $49,501 | $10,000 | $39,501 |
| 2017 | $8,230 | $38,229 | $7,812 | $30,417 |
| 2016 | $7,895 | $39,417 | $7,812 | $31,605 |
| 2015 | $8,128 | $44,353 | $7,812 | $36,541 |
| 2014 | $6,309 | $34,003 | $6,250 | $27,753 |
| 2013 | $6,184 | $34,003 | $6,250 | $27,753 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Ruff
-
Ryan Grober
Buyer's Agent in 2025
Ryan Grober
Jameson Sotheby's Intl Realty
(708) 275-6083
1 in this area
38 Total Sales
-
Anthony Macias
A
Seller's Agent in 2015
Anthony Macias
Adonis Realty LLC
(773) 447-5081
34 Total Sales
-
Chris Paloian-Fixler
Buyer's Agent in 2015
Chris Paloian-Fixler
@properties Christie's International Real Estate
(847) 340-4943
20 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12420666
APN: 17-32-217-082
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