Active
5320 S Carpenter Street, Chicago, IL
  • $280,000

Description

A strong value add opportunity for investors in Chicago’s New City neighborhood. This multiunit building offers solid income potential with a 4BD/1BA second floor unit and a 3BD/1BA first floor unit, plus a full unfinished basement ideal for future expansion, storage, or additional revenue producing space. The property sits in a rental driven area with ongoing neighborhood improvements, making it a strategic choice for investors looking to reposition, rehab, or add to their portfolio. It qualifies for investor friendly financing options, including DSCR loans. All offers are welcome and subject to short sale/bank approval. Tenant occupied – tenants being conveyed with property.

  • Listing Courtesy of: Coldwell Banker Realty

Details

Updated on June 28, 2026 at 10:42 am
  • Property ID MRD12613659
  • Price $280,000
  • Bedrooms 7
  • Year Built 1903
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 20084170310000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Active
  • Days On Market 81
  • Cumulative Days On Market 272
  • Tax Annual Amount 3214.51
  • Heating Other
  • Directions Take I90/94 South, exit at 55B - 55th St/Gage Park. Turn right on 55th, right on Ashland, left on 53rd, then right on Carpenter. Building is on the left.
  • Zoning MULTI

Address

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  • Address 5320 S Carpenter Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60609
  • Country United States

Overview

Property ID: MRD12613659
  • Multi Family
  • Property Type
  • 7
  • Bedrooms
  • 1903
  • Year Built

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