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5320 S Carpenter Street Chicago, IL $ 110,000
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$ 110,000 Get more info
5320 S Carpenter Street
$ 110,000
Back to search
Share Save

5320 S Carpenter Street

Chicago, IL, 60609
$ 110,000
Bedrooms7 Baths2.0

Monthly Estimate*

$ 686

5320 S Carpenter Street, Chicago, IL 60609 - Image 1
5320 S Carpenter Street, Chicago, IL 60609 - Image 2
5320 S Carpenter Street, Chicago, IL 60609 - Image 3
5320 S Carpenter Street, Chicago, IL 60609 - Image 4
5320 S Carpenter Street, Chicago, IL 60609 - Image 5
5320 S Carpenter Street, Chicago, IL 60609 - Image 6

Multi-Family Home for sale in Chicago, IL

for $110,000 with 7 bedrooms and 2 full baths. This home was built in 1903.

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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Multi-Family Contingent

Price

$ 110,000

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,110

Style

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12417488
Features
General
Sewer Public Sewer
Heating Other
Possession Closing
Construction Materials Stone
Year Built 1903
Township Lake
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Short Sale
Total Rooms 13
Status Contingent
Directions If driving from downtown take I-90/94 (Dan Ryan Expy) South then exit at 55B for 55th St/Gage Park. Turn right onto W 55th St then right onto S Ashland Ave. Next turn left onto W 53rd St and finally
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 2110
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full Walk-Out Access
Total Bedrooms 7
Total Baths 2
Bedrooms Possible 7
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 25 X 124
Waterfront Y/N N
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* Excluded Features
List By
Elux Real Estate Corporation

Broker

elizabeth8@eluxrealestate.com;elizabeth8@eluxrealestate.com

Email

Affordability Calculator

$862
Per Month
80%
20%
0%
Monthly Principal & Interest
$686
Monthly Property Taxes
$176
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/11/2025$110,000 Listed Price

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5320 S Carpenter Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $110,000. 5320 S Carpenter Street has 7 bedrooms, 2.0 baths, and was built in 1903. The property's zip code is 60609 which is in Chicago, IL

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