5320 S Carpenter Street
Chicago, IL, 60609
$110,000
7 Beds
2 Baths
0 SqFt
0 Acres
Add
Add
$110,000
5320 S Carpenter Street
Chicago, IL, 60609
MLS #MRD12417488 img 0MLS #MRD12417488 img 1MLS #MRD12417488 img 2MLS #MRD12417488 img 3MLS #MRD12417488 img 4MLS #MRD12417488 img 5
An incredible investor opportunity awaits in Chicago’s vibrant New City neighborhood! This multi-unit property, primed for a significant value-add transformation, features a spacious second-floor unit with four bedrooms and one bathroom, alongside a generous first-floor unit offering three bedrooms and one bathroom. A full, unfinished basement provides ample potential for expansion or additional amenity space, allowing for creative vision and maximizing future rental income. Situated in an area with a strong rental market and ongoing community revitalization initiatives, this property is ideally priced for advantageous financing, including DSCR loans. While it requires substantial work, the upside for a savvy investor is immense in this burgeoning location. All offers are welcome and are subject to short sale/foreclosure approval. Tenant occupied 24-hour notice.

Property Details

Price:
$110,000
MLS #:
MRD12417488
Status:
Active
Beds:
7
Baths:
2
Address:
5320 S Carpenter Street
Type:
Multi Family
Neighborhood:
CHI – New City
City:
Chicago
Listed Date:
Jul 11, 2025
State:
IL
ZIP:
60609
Year Built:
1903

Schools

School District:
299

Interior

Heating
Other

Exterior

Construction Materials
Stone

Financial

Tax Year
2023
Taxes
$2,110
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

5320 S Carpenter Street
Chicago, IL