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Contingent
  • $110,000

    5320 S Carpenter St, Chicago, IL 60609

    6beds
    --sqft
    : 
    Multi Family
    Built in 1903
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious second-floor unitGenerous first-floor unitFull unfinished basementAmple potential for expansion
    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.
    37 days
    on Zillow
    |
    32
    |
    0
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: July 12, 2025 at 07:02am

    Listing courtesy of:

    Elizabeth Wright 847-404-2890,

    Elux Real Estate Corporation

    Source: MRED as distributed by MLS GRID,MLS#: 12417488MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Features
    • Basement: Unfinished,Full,Walk-Out Access

    Property

    Lot
    • Size: 3,100 Square Feet
    • Dimensions: 25 X 124
    Details
    • Parcel number: 20084170310000
    • Special conditions: Short Sale,In Foreclosure

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $100,000
    • Annual tax amount: $2,110
    • Date on market: 7/11/2025
    • Ownership: Fee Simple
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