$1,290,000
( $321.86Per Sq Foot )
 $6,925 est/mo Sourced by Back At You

3320 S Carpenter Street,Chicago, IL 60608

Chicago, IL 60608

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Description

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.

Details

MLS #12745712
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1895
Days On Site8
Listing Provided BySperry Van Ness | Angelo Labriola

Features

SQ Feet4,008
Story(s)4
Units6
ZoningMULTI
Acreage0.06

Interior

CoolingCentral Air, Central Individual, Wall Sleeve

Exterior

RoofComposition
Foundation DetailsConcrete Perimeter
Construction MaterialsBrick

Utilities

ElectricCircuit Breakers, Separate Meters

Taxes

Tax Year2025
Tax Annual Amount12201.66

Area Information

StateIL
CountyCook
CityChicago
Zip Code60608
AreaCHI Bridgeport
Listing VS Median (in 60608)
Price:
$1,290,000
low | high
Med:
$337,500
100% of Average
sqft:
4,008
low | high
Med:
1,100
100% of Average
$ / sqft:
$322
low | high
Med:
$310
53.813307751938% of Average
On site:
8
low | high
Med:
61
13.114754098361% of Average
Sourced by Back At You

Market Activity 60608

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60608
AreaCHI Bridgeport
Listing VS Median (in 60608)
Price:
$1,290,000
low | high
Med:
$337,500
100% of Average
sqft:
4,008
low | high
Med:
1,100
100% of Average
$ / sqft:
$322
low | high
Med:
$310
53.813307751938% of Average
On site:
8
low | high
Med:
61
13.114754098361% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $967K - $1.612M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
3511 S Halsted Street Property Photo 1
$799,900
3511 S Halsted Street
Chicago, IL 60609
Listing Updated: September 2, 2026 at 11:11:36 PM PDT