5320 South Carpenter, Chicago IL 60609
- Units 2
- Total Beds 7
- Total Baths 2
- Taxes $3,214.51
- Payment Estimate View Mortgage Calculator
Request Private Showing
Property Description
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 & Information
Key Details
- List Price $280,000
- Property Taxes $3,214.51
- Price/ Sq. Ft. Unavailable
- Year Built 1903
- Parking Type None
- Status Active
Rooms
- Total Rooms 13
- Basement F
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Stone
- Heating & Cooling Other
-
Units
- Unit 1 None
- Unit 2 None
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property Take 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.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3214.51
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 20084170310000
Utilities
- Sewer Sewer-Publ
Listed by: Coldwell Banker Realty | Phone: 708.352.4840
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/16/2026 10:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Back of the Yards
The Back-of-the-Yards neighborhood is one of the original communities of the American Industrial Revolution. This was the site of radical social change that moved the country forward with progress in labor relations and how society views laborers. The slaughterhouses and harsh working conditions attracted both reformers and authors who acted as advocates for the everyman. Now the neighborhood is an intriguing place to explore, with a plethora of parks and a strong, diversified community that is expanding on its industrial base. Classic Chicago bungalows are joined by other single-family homes and some condominium conversions to give homeowners a wide range of real estate to choose from. Specialty grocery stores and an international selection of restaurants round out the backdrop of Chicago's Back-of-the-Yards neighborhood.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.
