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$110,000
24 Days On Site

5320 S Carpenter Street
Chicago, IL 60609

For Sale|Multi Family|Active Under Contract
7
Beds
2
Total Baths
1903
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Elux Real Estate Corporation
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5320 S Carpenter Street5320 S Carpenter Street5320 S Carpenter Street5320 S Carpenter Street
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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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Listing Snapshot
Price 
$110,000
Days On Site 
24 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1903
MLS® Number 
12417488
Status 
Active Under Contract
Property Tax 
$2,110
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active Under Contract
3 weeks agoListing first seen on site
General Features
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Short SaleIn Foreclosure
Water Source 
Public
Interior Features
Basement 
UnfinishedFullWalk-Out Access
Heating 
Other
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Exterior Features
Construction Details 
Stone
Community Features
MLS Area 
CHI - New City
School District 
299
Township 
Lake
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Elux Real Estate Corporation



Based on information submitted to the MLS GRID as of 2025-08-04 05:45 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-08-04 05:45 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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