Back to search
5320 S Carpenter Street Chicago, IL $ 280,000
Share Save
$ 280,000 Get more info
5320 S Carpenter Street
$ 280,000
Back to search
Recently Listed
Share Save

5320 S Carpenter Street

Chicago, IL, 60609
$ 280,000
Bedrooms7 Baths2.0

Monthly Estimate*

$ 1,724

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

Multi-Family Home for sale in Chicago, IL

for $280,000 with 7 bedrooms and 2 full baths. This home was built in 1903.

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.

See more
Multi-Family Active

Price

$ 280,000

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,214

Style

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12613659
Features
General
Sewer Public Sewer
Heating Other
Possession Tenant's Rights
Zoning MULTI
Construction Materials Stone
Year Built 1903
Township Lake
Tax Year 2024
Ownership Fee Simple
Community Features Street Lights
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status New
Directions Take I90/94 South exit at 55B - 55th St/Gage Park. Turn right on 55th right on Ashland left on 53rd then right on Carpenter. Building is on the left.
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 3214.51
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
See more
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
See more
Exterior
Water Source Public
Total Parking 0
Lot Dimensions 25 X 124
Waterfront Y/N N
See more
* Excluded Features
List By
Coldwell Banker Realty

Broker

ericka.taylor@cbexchange.com

Email

Affordability Calculator

$1,992
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,724
Monthly Property Taxes
$268
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/9/2026$280,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

5320 S Carpenter Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $280,000. 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

Get more info