5320 S Carpenter St, Chicago, IL, 60609
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
Somewhat Walkable
Good Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,415 | $16,980 |
| Home Insurance * | $229 | $2,748 |
| Property Taxes | $403 | $4,836 |
| Electricity | $130 | $1,569 |
| Total | $2,177 | $26,124 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2021-09-03 | Listing removed | -- |
| 2020-12-10 | Sold | $175,000 |
| 2020-11-19 | Pending sale | $310,000 |
| 2020-11-19 | Contingent | $310,000 |
| 2020-09-21 | Listed for sale | $310,000 |
| 2016-10-24 | Sold | $67,000 |
| 2012-12-07 | Sold | $23,500 |
| 2012-08-14 | Listing removed | $23,500 |
| 2012-08-04 | Listed for sale | $23,500 |
| 1998-09-11 | Sold | $40,000 |
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