5320 S Carpenter Street, Chicago, IL

$280,000

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7

Beds

About 5320 S Carpenter Street

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.

Features of 5320 S Carpenter Street

MLS® # 12613659
Price $280,000
Bedrooms 7
Bathrooms 0.00
Year Built 1903
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 5320 S Carpenter Street
Area CHI - New City
City Chicago
County Cook
State IL
Zip Code 60609

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Other
Fireplace No
Has Basement Yes
Basement Unfinished, Full, Walk-Out Access

Exterior

Exterior Stone

School Information

District 299

Additional Information

Days on Market 152
Zoning MULTI
Foreclosure Yes
Short Sale Yes
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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