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5320 S Carpenter St, Chicago, IL, 60609

6beds
2baths
--sqft
$280,000
--price/sqft
$2,177/moest. monthly cost
$87,080/yrincome needed

About This Home

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.

Getting Around

57
WalkingSomewhat Walkable
59
TransitGood Transit
62
BikeBikeable

Schools

Construction

Condition

  • Year built: 1903

Materials

  • Construction materials: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Other

Property

Details

  • Parcel number: 20084170310000
  • Zoning: MULTI
  • Special condition: Short Sale,In Foreclosure

Lot

  • Lot size: 3,100 sqft
  • Lot size dimensions: 25 X 124