Active
5320 Carpenter Street
Chicago, IL 60609
$280,000
7beds
2baths
—sqft
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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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1903
Lot size—
Annual tax$3,214.51
CountyCook
MLS #MRD12613659
Days on market7
Features
Heating
Other
Construction
Stone
Sewer
Public Sewer
Listed by
Coldwell Banker Realty
Ericka Taylor · 708-822-7426
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/14/2026, 5:06:44 AM. All data should be independently verified.
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