Seller's Agent in 2025
Michael Scanlon
eXp Realty
(773) 630-9205
2 in this area
980 Total Sales
923 S Carpenter St Chicago, IL 60607
Little Italy Neighborhood
--
Bed
5
Baths
4,600
Sq Ft
2,415
Sq Ft Lot Lot
Highlights
- Forced Air Heating and Cooling System
- Wood Siding
- 3-minute walk to Sheridan Park
About This Home
As of May 2025Turn-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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,162
Year Built
- Built in 1925
Lot Details
- 2,415 Sq Ft Lot
- Lot Dimensions are 25x125
Home Design
- Brick Exterior Construction
- Pitched Roof
- Wood Siding
- Aluminum Siding
Interior Spaces
- 4,600 Sq Ft Home
- 2-Story Property
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 5 Units
Building Details
- Insurance Expense $4,000
- Maintenance Expense $3,000
- Manager Expense $7,852
- Trash Expense $1,588
- Water Sewer Expense $2,821
- Operating Expense $40,623
- Gross Income $159,840
- Net Operating Income $116,562
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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 |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Sold | $1,580,000 | -2.8% | $343 / Sq Ft |
| 03/08/2025 03/08/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $1,625,000 | -- | $353 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax 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.
| 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 | $20,049 | $81,400 | $13,440 | $67,960 |
| 2024 | $20,049 | $81,400 | $13,440 | $67,960 |
| 2023 | $20,162 | $94,699 | $10,800 | $83,899 |
| 2022 | $20,162 | $97,692 | $10,800 | $86,892 |
| 2021 | $19,710 | $97,692 | $10,800 | $86,892 |
| 2020 | $12,043 | $53,880 | $8,160 | $45,720 |
| 2019 | $12,204 | $60,540 | $8,160 | $52,380 |
| 2018 | $11,997 | $60,540 | $8,160 | $52,380 |
| 2017 | $13,301 | $61,575 | $7,200 | $54,375 |
| 2016 | $12,333 | $61,575 | $7,200 | $54,375 |
| 2015 | $11,283 | $61,575 | $7,200 | $54,375 |
| 2014 | $11,207 | $60,405 | $6,000 | $54,405 |
| 2013 | $10,986 | $60,405 | $6,000 | $54,405 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Scanlon
-
Jake Fugman
Seller Co-Listing Agent in 2025
Jake Fugman
eXp Realty
(630) 379-7464
2 in this area
214 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12284509
APN: 17174200280000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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