413 North Carpenter

Chicago, IL

Details

  • Address413 North Carpenter
    Chicago, Illinois
  • Property TypeMixed Use Size 11,453 SF
  • Purchased 7.22.2013 Sold 9.26.2019
  • Investor IRR 22.21 MOIC 2.54

Purchased in 2013, this Ravine Park Partners property consists of approximately 11,453 SF of commercial loft space on the first floor, and 10 lofted apartments with 18 ft ceilings on the second floor.  The property has a 30-space parking lot and is located in Chicago’s historic Fulton Market District. Fulton Market has seen tremendous gentrification over the past several years and is considered to be one of the most sought after areas in the country for redevelopment.  The property was sold in September 2019.

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