ATTRACTIVE WELL CARED FOR BRICK 6 UNIT ON A CUL-DE-SAC JUST STEPS AWAY FROM UIC. FULLY-RENTED BUILDING IN THE POPULAR TRI-TAYLOR / UNIVERSITY OF ILLINOIS AREA. LITTLE ITALY NEIGHBORHOOD IN THE HEART OF THE VIBRANT TAYLOR STREET RESTAURANTS, SHOPS AND AMENITIES. JUST MINUTES TO THE UIC MEDICAL DISTRICT, GREEK TOWN AND DOWNTOWN CHICAGO, WITH CONVENIENT PUBLIC TRANSPORTATION. NEW FRONT ROOF DECEMBER 2017. NEW REAR ROOF 2019. WATER, GARBAGE AND SCAVENGER PAID BY LANDLORD...GAS AND ELECTRICITY PAID BY TENANT. MONTHLY GROSS RENTAL INCOME IS $11,750 WITH A 5.97 CAP...EXCELLENT INVESTMENT OPPORTUNITY.
Sold for $1,570,000 on 01/10/23
$1,570,000
721 S Carpenter St, Chicago, IL 60607
12beds
0baths
5,936sqft
MultiFamily
Built in 1890
-- sqft lot
$1,595,600 Zestimate®
$264/sqft
$2,144 Estimated rent
Home value
$1,595,600
$1.45M - $1.74M
$2,144/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 0
Cooling
- Central
Interior area
- Total interior livable area: 5,936 sqft
Property
Features
- Exterior features: Stone
Lot
- Size: 2,613 sqft
Details
- Parcel number: 1717412036
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Built-up
Condition
- Year built: 1890
Community & neighborhood
Location
- Region: Chicago
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2023 | Sold | $1,570,000-21.5%$264/sqft |
Source: Public Record Report a problem | ||
| 12/18/2022 | Pending sale | $2,000,000$337/sqft |
Source:  RE/MAX International #11640861 Report a problem | ||
| 9/30/2022 | Listed for sale | $2,000,000$337/sqft |
Source: RE/MAX International #11640861 Report a problem | ||
| 9/16/2022 | Listing removed | -- |
Source: RE/MAX International Report a problem | ||
| 8/29/2022 | Listed for sale | $2,000,000$337/sqft |
Source: RE/MAX International #11340848 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $21,482 +0.1% | $101,466 -2.4% |
| 2022 | $21,456 -5.9% | $103,960 -8% |
| 2021 | $22,798 +46.2% | $113,000 +62% |
Find assessor info on the county website
Neighborhood: University Village - Little Italy
Nearby schools
GreatSchools rating
- 3/10Smyth J Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 2 mi
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$1,595,600
2% more+ $31,912
With Zillow Showcase(estimated)
$1,627,512