5320 S Carpenter Street
Chicago, IL, 60609
$110,000
7 Beds
2 Baths
0 SqFt
0 Acres
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$110,000
5320 S Carpenter Street
Chicago, IL, 60609
MLS #MRD12417488 image #0MLS #MRD12417488 image #1MLS #MRD12417488 image #2MLS #MRD12417488 image #3MLS #MRD12417488 image #4MLS #MRD12417488 image #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 Under Contract
Beds:
7
Baths:
2
Type:
Multi Family
Neighborhood:
CHI – New City
Listed Date:
Jul 10, 2025
Year Built:
1903
Foreclosed Bank OwnedShort SaleChi – New CityChi – New City

Schools

School District:
299

Interior

Heating
Other

Exterior

Construction Materials
Stone

Financial

Tax Year
2023
Taxes
$2,110
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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 11, 2025
1,525
Multi Family Listed
79
Avg DOM
$500,208
Avg List Price

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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