Multi-Family Space For Lease @ 827 S Carpenter St

Two adjacent buildings with a combined total of 7-unit in the heart of UIC. The 2 buildings have been updated and are consistently 100% leased and feature on-site laundry, bike storage and parking in the rear for 6 cars. Currently, owner charges minimal rent for parking, which can easily be increased and leased at $150 per space for an additional $10,000 per year in income.
Recent updates include plumbing in 2021, new roof (2020) 0n 827 building new roof (2019) on 823 building and a new rear porch on 823 building in 2020. 827 S Carpenter is a brick building & features 5 total units with three - 3 Bed/1 Bath units, one - 2 Bed/1 Bath and a garden unit 1 Bed/1 Bath. The 823 buildings has two large full floor 4 bedroom/1 bath units allowing students to have multiple roommates to keep leasing fees at a minimum all while being steps to campus. With a few minor updates a new owner can increase rents significantly in a market that is consistently easy to rent and maintain 100% occupancy. This space offers accomodations for: lowrisegarden.