5320 S Carpenter Street, Chicago, IL 60609

• 7 beds |
• 2 baths

Property Description

Investor Special - Bring Your Best Offer! An incredible investment opportunity awaits in Chicago's vibrant New City neighborhood. This multi-unit property offers strong potential for the right investor willing to take on a renovation project. The building features a spacious second-floor unit with 4 bedrooms and 1 bathroom, as well as a generous first-floor unit with 3 bedrooms and 1 bathroom. A full unfinished basement provides additional storage and future possibilities. Property requires extensive repairs and is being sold as-is. There are existing City of Chicago violations, and buyers are strongly encouraged to conduct their own due diligence. The property is tenant occupied. Located in an area experiencing ongoing revitalization and supported by a strong rental market, this property presents significant upside for investors, rehabbers, or landlords looking to add value. All offers are welcome and subject to short sale/foreclosure approval. 24-hour notice required for all showings. Don't miss this chance to unlock the potential of this income-producing property in a growing Chicago neighborhood.

Listing Status:

Active

Data Last Updated:

October 11, 2026 at 7:18AM

Listing Office:

Coldwell Banker Realty : 708-822-7426

Listing Agent:

Ericka Taylor : 708-822-7426

MLS ID:

12781456

Interior

• Basement: UnfinishedFullWalk-Out Access
• Heating: Other

Exterior

• Parking: Parking spaces: 0

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 20084170310000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple