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3228 S Carpenter St

Chicago IL 60608

11
5
Multi-Family
Currently for sale - view listing

Overview

Super rare find and a Bridgeport gem!!! Opportunity of a lifetime to own a turn-key multi-family property in the heart of Bridgeport. Very unique property as the main building in the front has 3 units with vaulted ceilings, hardwood floors, and open floor plans. Coach house in the back is basically single family living with 3 beds/2 bath with ample space for a couple or growing family. All 4 units are fully rented with a monthly rent roll of 8520 (can probably get another 300-500 additional in rent as owner never increased rent on one of the long-term tenants). 3 of the units have lease agreements valid until May 2026 and one of the units is month to month. Building set up perfect for owner-occupied conventional financing or simply use as an investment property. Seller did not want to liquidate this from his portfolio as it cash flows very nicely but his loss is your gain. All brick building with charm, great bones, ample space with seller leaving completely ready for next owner to start building wealth. Roof about 5 years old and new AC on 2nd floor unit and new furnace 1st floor unit both updated in 2024. No showings at this time but will have one of the units available hoping in the next week after tenant is back in town. Opportunities like this don't come around often so don't miss the chance at owning a quality multi-family property with great cash flow in the hot/sought after Bridgeport neighborhood. All offers must be reviewed by owner's preferred lender. This one won't last long so please submit your highest and best!!

Features

11 bedrooms
5 bathrooms
Multi-Family

Property history for 3228 S Carpenter St

2018
Sold
$730,000
27 Dec 2018 by Mark Raffaelli, of Compass

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Local market activity for 11 bedroom multi families in Chicago

In the last 12 months, 1 numeral.11-bedroom multi family similar to 3228 S Carpenter St, have been sold.

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