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 |
| Taxes | $3,215 |
Community Information
| Address | 5320 S Carpenter Street |
|---|---|
| Area | CHI - New City |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60609 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | 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
| Office | Coldwell Banker Realty |
|---|