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.
Contingent
$280,000
5320 S Carpenter St, Chicago, IL 60609
6beds
--sqft
Multi Family
Built in 1903
-- sqft lot
$272,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 133 days |
- 233 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Ericka Taylor, SRES 708-822-7426,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12613659
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Features
- Basement: Unfinished,Full,Walk-Out Access
Property
Lot
- Size: 3,100 Square Feet
- Dimensions: 25 X 124
Details
- Parcel number: 20084170310000
- Zoning: MULTI
- Special conditions: Short Sale,In Foreclosure
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $160,000
- Annual tax amount: $3,214
- Date on market: 4/8/2026
- Ownership: Fee Simple
Estimated market value
$272,300
$259,000 - $286,000
$1,729/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2021 | Listing removed | -- |
Source:  MRED as distributed by MLS GRID #10838730 Report a problem | ||
| 12/10/2020 | Sold | $175,000-43.5% |
Source: Public Record Report a problem | ||
| 11/19/2020 | Pending sale | $310,000 |
Source: Coldwell Banker Realty #10838730 Report a problem | ||
| 11/19/2020 | Contingent | $310,000 |
Source: MRED as distributed by MLS GRID #10838730 Report a problem | ||
| 9/21/2020 | Listed for sale | $310,000+362.7% |
Source: Coldwell Banker Realty #10838730 Report a problem | ||
| 10/24/2016 | Sold | $67,000+185.1% |
Source: Public Record Report a problem | ||
| 12/7/2012 | Sold | $23,500 |
Source: MRED as distributed by MLS GRID #08131377 Report a problem | ||
| 8/14/2012 | Listing removed | $23,500 |
Source: foreclosure.com Report a problem | ||
| 8/4/2012 | Listed for sale | $23,500-41.3% |
Source: foreclosure.com Report a problem | ||
| 9/11/1998 | Sold | $40,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,215 +52.4% | $16,000 +60% |
| 2023 | $2,110 +2.6% | $10,000 |
| 2022 | $2,057 +2.3% | $10,000 |
| 2021 | $2,011 +20.9% | $10,000 +34% |
| 2020 | $1,663 -3.5% | $7,464 -13% |
| 2019 | $1,724 +1.7% | $8,580 |
| 2018 | $1,695 -49% | $8,580 -44.4% |
| 2017 | $3,324 +7.5% | $15,440 |
| 2016 | $3,092 +9.3% | $15,440 |
| 2015 | $2,829 +11% | $15,440 +12.4% |
| 2014 | $2,549 +2% | $13,740 |
| 2013 | $2,499 +1.4% | $13,740 |
| 2012 | $2,466 -11.1% | $13,740 -19.7% |
| 2011 | $2,773 -0.4% | $17,112 |
| 2010 | $2,785 +4.4% | $17,112 |
| 2009 | $2,668 +11.8% | $17,112 +2.8% |
| 2008 | $2,387 +1% | $16,639 |
| 2007 | $2,363 -1.1% | $16,639 |
| 2006 | $2,389 +101% | $16,639 +128.8% |
| 2005 | $1,188 +1% | $7,272 |
| 2004 | $1,176 +2.2% | $7,272 |
| 2003 | $1,151 +0.9% | $7,272 +14.5% |
| 2002 | $1,141 +52.3% | $6,349 |
| 2001 | $749 +1.7% | $6,349 |
| 2000 | $736 -0.7% | $6,349 +65.7% |
| 1999 | $741 | $3,832 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Back of the Yards
Nearby schools
GreatSchools rating
- 3/10Sherman School of ExcellenceGrades: PK-8Distance: 0.2 mi
- 1/10Tilden Career Communty Academy High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $9,310-- sqft5322 S Carpenter St, Chicago, IL 60609Off Market
- $135,9003 bd2 ba1.1k sqft5318 S Carpenter St, Chicago, IL 60609Off Market
- $150,7004 bd-- ba1.4k sqft5316 S Carpenter St, Chicago, IL 60609Off Market
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- $212,0004 bd2 ba2.4k sqft5328 S Carpenter St #1, Chicago, IL 60609Sold
- $212,0006 bd2 ba-- sqft5328 S Carpenter St, Chicago, IL 60609Sold
- $9,3003,100 sqft5310 S Carpenter St, Chicago, IL 60609Off Market
- $9,3003,100 sqft5330 S Carpenter St, Chicago, IL 60609Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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