5320 S Carpenter Street Chicago, IL $ 125,000
5320 S Carpenter Street
$ 125,000
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5320 S Carpenter Street

Chicago, IL, 60609
$ 125,000
Bedrooms7 Baths2.0

Monthly Estimate*

$ 863

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

Multi-Family Home for sale in Chicago, IL

for $125,000 with 7 bedrooms and 2 full baths. This home was built in 1903.

Investor Special - Bring Your Best Offer! An incredible investment opportunity awaits in Chicago's vibrant New City neighborhood. This multi-unit property offers strong potential for the right investor willing to take on a renovation project. The building features a spacious second-floor unit with 4 bedrooms and 1 bathroom, as well as a generous first-floor unit with 3 bedrooms and 1 bathroom. A full unfinished basement provides additional storage and future possibilities. Property requires extensive repairs and is being sold as-is. There are existing City of Chicago violations, and buyers are strongly encouraged to conduct their own due diligence. The property is tenant occupied. Located in an area experiencing ongoing revitalization and supported by a strong rental market, this property presents significant upside for investors, rehabbers, or landlords looking to add value. All offers are welcome and subject to short sale/foreclosure approval. 24-hour notice required for all showings. Don't miss this chance to unlock the potential of this income-producing property in a growing Chicago neighborhood.

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Multi-Family Active

Price

$ 125,000

Bedrooms

7

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,322

Style

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12781456

Features
General
Sewer Public Sewer
Heating Other
Possession Tenant's Rights
Construction Materials Stone
Year Built 1903
Township Lake
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status New
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 3322.41
Additional Parcels Y/N N
Standard Status Active
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
Coldwell Banker Realty

Broker

ericka.taylor@cbexchange.com

Email

Affordability Calculator

$1,140
Per Month
76%
24%
0%
Monthly Principal & Interest
$863
Monthly Property Taxes
$277
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/9/2026$125,000 Listed Price

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5320 S Carpenter Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $125,000. 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