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About the Listing 18283 - 183772
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Central Individual,Wall Sleeve
- Heating: Central Heat/Indiv Controls,Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 24 X 125
- Zoning: MULTI
- Roof: Composition
- Others:
- Sewer:
Financial Details
- Tax Amount: $12,202
- Taxes w/Assessments: N/A
- Tax/Property ID: 17322170740000
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
3320 S Carpenter St Chicago, IL 60608
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