3320 S Carpenter Street
Chicago, IL, 60608
$1,290,000
2 Beds
6 Baths
0 SqFt
0.06 Acres
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MLS #MRD12745712 image #0
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.

Property Details

Price:
$1,290,000
MLS #:
MRD12745712
Status:
Active
Beds:
2
Baths:
6
Type:
Commercial
Neighborhood:
chibridgeport
Listed Date:
Aug 28, 2026
Total Sq Ft:
4,008
Lot Size:
3,001 sqft / 0.06 acres (approx)
Year Built:
1895
Chi – BridgeportChibridgeport

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Schools

Interior

Cooling
Central Air, Central Individual, Wall Sleeve

Exterior

Construction Materials
Brick
Roof
Composition
Stories
4

Financial

Tax Year
2025
Taxes
$12,202

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Oct 04, 2026
906
Commercial Listed
185
Avg DOM
$1,021,515
Avg List Price

Property Summary

    3320 S Carpenter Street Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $1,290,000

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