Chicago, IL 60609,5320 S Carpenter Street
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Chicago, IL 60609,5320 S Carpenter Street
Chicago, IL 60609,5320 S Carpenter Street
Chicago, IL 60609,5320 S Carpenter Street
Chicago, IL 60609,5320 S Carpenter Street
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Listed by Elizabeth Wrightof Elux Real Estate Corporation
$ 110,000
Est. payment /mo
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Active Under Contract

5320 S Carpenter Street Chicago, IL 60609

7 Beds


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12417488

Bedrooms 7

Year Built 1903

Annual Tax Amount $2,110

Tax Year 2023

Lot Dimensions 25 X 124

Property Sub-Type Two to Four Units

Property Description

An incredible investor opportunity awaits in Chicago's vibrant New City neighborhood! This multi-unit property, primed for a significant value-add transformation, features a spacious second-floor unit with four bedrooms and one bathroom, alongside a generous first-floor unit offering three bedrooms and one bathroom. A full, unfinished basement provides ample potential for expansion or additional amenity space, allowing for creative vision and maximizing future rental income. Situated in an area with a strong rental market and ongoing community revitalization initiatives, this property is ideally priced for advantageous financing, including DSCR loans. While it requires substantial work, the upside for a savvy investor is immense in this burgeoning location. All offers are welcome and are subject to short sale/foreclosure approval. Tenant occupied 24-hour notice.

Location

State IL

County Cook

Rooms

Basement Unfinished, Full, Walk-Out Access

Interior

Heating Other

Fireplace N

Exterior

View Y/N true

Building

Sewer Public Sewer

Water Public

Structure Type Stone

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition Short Sale, In Foreclosure


Midwest Real Estate Data (MRED) VOW
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Healy Elementary School

    Public | PK - 8

  • 7

    Burroughs Elementary School

    Public | PK - 8

  • 6

    Horizon Science Academy-Mckinley Park

    Public | KG - 8

  • 6

    Namaste Elementary Charter School

    Public | KG - 8

  • 6

    Chavez Multicultural Academic Center Elementary School

    Public | PK - 8

  • 6

    Providence-Englewood Elementary Charter

    Public | KG - 8

  • 6

    Holden Elementary School

    Public | PK - 8

  • 5

    Talman Elementary School

    Public | PK - 8

  • 5

    Carson Elementary School

    Public | PK - 8

  • 5

    Christopher Elementary School

    Public | KG - 8

  • 5

    Everett Elementary School

    Public | PK - 5

  • 5

    N. Greene Elementary School

    Public | KG - 5

  • 5

    Davis M Magnet Elementary School

    Public | KG - 8

  • 5

    Armour Elementary School

    Public | KG - 8

  • 5

    Kershaw Elementary School

    Public | PK - 8

  • 5

    McClellan Elementary School

    Public | PK - 8

  • 5

    Hendricks Elementary Community Academy

    Public | PK - 8

  • 5

    Sherwood Elementary School

    Public | PK - 8

  • 5

    Beasley Elementary Magnet Academic Center

    Public | PK - 8

  • 4

    Catalyst Charter - Maria Elementary School

    Public | KG - 12

Middle Schools 3
  • 9

    Lindblom Math & Science Academy High School

    Public | 7 - 12

  • 6

    Evergreen Academy Middle School

    Public | 6 - 8

  • 0

    San Miguel-Back of the Yards

    Private | 6 - 8

High Schools 20
  • 9

    Back of the Yards International Baccalaureate High School

    Public | 9 - 9

  • 8

    Chicago High School for the Arts

    Public | 9 - 12

  • 7

    Air Force Academy High School

    Public | 9 - 12

  • 7

    Chicago Military Academy High School

    Public | 9 - 12

  • 6

    Phillips Academy High School

    Public | 9 - 12

  • 5

    Richards Career Academy High School

    Public | 9 - 12

  • 5

    Williams Medical Preparatory High School

    Public | 9 - 12

  • 4

    Urban Preparatory Charter Academy Englewood High School

    Public | 9 - 12

  • 3

    Bronzeville Scholastic High School

    Public | 9 - 12

  • 2

    Team Englewood Community Academy High School

    Public | 9 - 12

  • 2

    Dunbar Vocational Career Academy High School

    Public | 9 - 12

  • 1

    Kelly High School

    Public | 9 - 12

  • 1

    Gage Park High School

    Public | 9 - 12

  • 1

    Harper High School

    Public | 9 - 12

  • 1

    Tilden Career Community Academy High School

    Public | 9 - 12

  • 1

    Hope College Preparatory High School

    Public | 9 - 12

  • 1

    Robeson High School

    Public | 9 - 12

  • 1

    Ace Technical Charter High School

    Public | 9 - 12

  • 0

    Southside Occupational Academy High School

    Public | 12 - 12

  • 0

    Peace and Education Coalition High School

    Public | 10 - 12

School and business data provided by Attom Data.
Yuliya Benko

Yuliya Benko

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+1(773) 503-0277

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5320 S Carpenter Street