$280,000 $1,503 est/mo Sourced by Back At You
5320 S Carpenter Street,Chicago, IL 60609
Chicago, IL 60609
Description
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.
Details
| MLS # | 12613659 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 158 |
| Listing Provided By | Coldwell Banker Realty | Ericka Taylor |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Zoning | MULTI |
Interior
| Rooms Total | 13 |
|---|---|
| Heating | Other |
Exterior
| Construction Materials | Stone |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 3214.51 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI New City |
| Listing VS Median (in 60609) | |
Price: $280,000 low | high Med: $248,000 On site: 158 low | high Med: 280 | |
Market Activity 60609
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI New City |
| Listing VS Median (in 60609) | |
Price: $280,000 low | high Med: $248,000 On site: 158 low | high Med: 280 | |
Nearby Listings (Within 1/10 mile)
Price: $210K - $350K
sqft: 0 - 0
Listing Updated: September 5, 2026 at 11:16:33 PM PDT