5320 S Carpenter Street, Chicago, IL 60609
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5320 S Carpenter Street,Chicago, IL 60609
$110,000
- 7 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:elizabeth wright
Office:elux real estate corporation
MLS#:12417488
Source:MLSNI
Price summary
- Price:$110,000
About this home
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.
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Home facts
- Year built:1903
- Listing ID #:12417488
- Added:76 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:2
- Full bathrooms:2
Structure and exterior
- Year built:1903
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$110,000
- Tax amount:$2,110 (2023)
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