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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12613659MLS Provider

5320 S Carpenter StreetChicago, IL 60609

Multi-Family · 6 Beds
$280,000 Active

5320 S Carpenter Street Overview

Time on Site:
82 days
Visits:
0

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.

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5320 S Carpenter Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1903

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - New City
  • Township: Lake

Community/Development

  • Community Features: Street Lights

Tax Information

  • Tax Annual Amount: $3,214.51
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20084170310000
  • Property Type: Residential Income
  • Special Listing Conditions: Short Sale,In Foreclosure
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 7
  • Bedrooms Possible: 7
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full, Walk-Out Access
  • Heating: Other
  • Rooms Total: 13

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25 X 124
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Stone

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 600
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 800
  • Beds Total: 3
  • Baths Total: 1

5320 S Carpenter Street Neighborhood

Community

60609 (CHICAGO) Demographics

34
Median Age
7,786
Population Density (per sq. mile)
22%
College Educated
$40,324
Estimated Median Income
8,185
Estimated Total Home Owners
13,782
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5320 S Carpenter Street Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5320 S Carpenter Street Market Data

Based on the last 30 days in this zip code

$297,104
Average List Price
$204
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

5320 S Carpenter Street History

Date Event Value Agent
4/13/2026Source: MRED Status Change
Active
4/8/2026Source: MRED Added to Database
April 08, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022