$110,000
5320 S Carpenter Street
Chicago, IL, 60609
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 Under Contract
Beds:
7
Baths:
2
Type:
Multi Family
Neighborhood:
CHI – New City
Listed Date:
Jul 10, 2025
Year Built:
1903
Schools
School District:
299
Interior
Heating
Other
Exterior
Construction Materials
Stone
Financial
Tax Year
2023
Taxes
$2,110
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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Current real estate data for Multi Family in Chicago as of Oct 31, 2025
1,546
Multi Family Listed
82
Avg DOM
$494,661
Avg List Price
Community
- Address5320 S Carpenter Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60609
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Property Summary
- 5320 S Carpenter Street Chicago IL is a Multi Family for sale in Chicago, IL, 60609. It is listed for $110,000 To schedule a showing of MLS#mrd12417488 at 5320 S Carpenter Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5320 S Carpenter Street
Chicago, IL
