7727 South Carpenter, Chicago IL 60620
Property Description
Exceptional opportunity to own a fully-occupied, newly-renovated turnkey 6-unit brick building offering outstanding rental income and long-term stability. This investment property features six 3-bed/1-bath units, providing a total of 18 bedrooms and 6 bathrooms - ideal for strong, reliable cash flow. All units have central air, forced heat, stainless steel appliances, newly-renovated kitchens, bathrooms, washer/dryer hookups, tankless water heaters, and newer mechanicals. The building is extremely well-maintained with no deferred maintenance, making it a perfect plug-and-play investment for any seasoned or first-time investor. Currently 100%-occupied with stable tenants who prefer long-term leasing, providing immediate income from Day One. Situated on a well-kept lot with a brick 2-car garage plus an additional concrete parking slab, the property offers premium parking options rarely found in multi-unit buildings.
Features & Information
Key Details
- List Price $799,900
- Property Taxes $6,629.97
- Price/ Sq. Ft. Unavailable
- Year Built 1924
- Status Active
Building Information
- Age of Building Older
- Exterior Construction Brick
- Foundation Block,Brick
- Heating & Cooling Central Heat/Indiv Controls, Forced Air
Location
- County Cook
- Directions to Property North/south On Halsted St To 76th St, West To Carpenter, 1-way South To Property.
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Property Taxes
- Tax 6629.97
- Parcel Identification Number 20294190080000
Listed by: Century 21 S.G.R., Inc. | Phone: 312.326.2121
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 5/15/2026 10:02 PM. 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.
Explore Gresham
The heart of the south side of Chicago, Gresham is a neighborhood in transition with a bright future ahead and a rich history behind it. Community groups and public parks are on the front lines of revitalization. Providing a place for Gresham residents of all ages to participate in sports and be active, the neighborhood parks offer numerous programs and even a 12-lane bowling alley – to cover every recreational interest. Adult social clubs, teen groups and day camps for kids all encourage community bonding and are a great way to meet the neighbors. Some of the park facility programs focus on personal fitness with aquatic exercise classes and workout centers, but mostly the Chicago Park District works to supply places where Gresham residents can hangout and have fun with fellow community members.
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