Chicago, IL 60609 5320 S Carpenter Street
$280,000
0 more
Presented By: Coldwell Banker Realty
Beds • 7
Baths • 2
Home Details
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.
Presented By: Coldwell Banker Realty
Interior Features for 5320 S Carpenter Street
Bedrooms
Bedrooms Possible7
Total Bedrooms7
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Full, Walk-Out Access
Total Number of Units2
General for 5320 S Carpenter Street
Additional Parcels Y/NNo
CityChicago
Community FeaturesStreet Lights
Construction MaterialsStone
CountyCook
DirectionsTake I90/94 South, exit at 55B - 55th St/Gage Park. Turn right on 55th, right on Ashland, left on 53rd, then right on Carpenter. Building is on the left.
Elementary School District299
HeatingOther
High School District299
MLS AreaCHI - New City
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionTenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3214.51
Tax Year2024
Total Rooms13
TownshipLake
Year Built1903
ZoningMULTI
Exterior for 5320 S Carpenter Street
Lot Dimensions25 X 124
OwnerPhone999-999-9999
Total Parking0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
