$280,000
5320 S Carpenter Street
Chicago, IL, 60609
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.
Property Details
Price:
$280,000
MLS #:
MRD12613659
Status:
Active
Beds:
7
Baths:
2
Type:
Multi Family
Neighborhood:
chinewcity
Listed Date:
Apr 8, 2026
Year Built:
1903
Schools
School District:
299
Interior
Heating
Other
Exterior
Community Features
Street Lights
Construction Materials
Stone
Financial
Tax Year
2024
Taxes
$3,215
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Sep 04, 2026
1,397
Multi Family Listed
80
Avg DOM
$525,511
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 $280,000 To schedule a showing of MLS#mrd12613659 at 5320 S Carpenter Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
5320 S Carpenter Street
Chicago, IL
