5320 S Carpenter St Chicago, IL 60609
Back of the Yards NeighborhoodEstimated payment $1,742/month
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,215
Year Built
- Built in 1903
Lot Details
- Lot Dimensions are 25 x 124
Home Design
- Stone Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,110 | $16,000 | $930 | $15,070 |
| 2024 | $2,110 | $16,000 | $930 | $15,070 |
| 2023 | $2,057 | $10,000 | $2,015 | $7,985 |
| 2022 | $2,057 | $10,000 | $2,015 | $7,985 |
| 2021 | $2,011 | $10,000 | $2,015 | $7,985 |
| 2020 | $1,663 | $7,464 | $2,015 | $5,449 |
| 2019 | $1,724 | $8,580 | $2,015 | $6,565 |
| 2018 | $1,695 | $8,580 | $2,015 | $6,565 |
| 2017 | $3,324 | $15,440 | $1,860 | $13,580 |
| 2016 | $3,092 | $15,440 | $1,860 | $13,580 |
| 2015 | $2,829 | $15,440 | $1,860 | $13,580 |
| 2014 | $2,549 | $13,740 | $1,705 | $12,035 |
| 2013 | $2,499 | $13,740 | $1,705 | $12,035 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $280,000 | +1091.5% | -- | |
| 12/07/2012 12/07/12 | Sold | $23,500 | 0.0% | -- | View Prior Sale |
| 08/22/2012 08/22/12 | Pending | -- | -- | -- | |
| 08/06/2012 08/06/12 | For Sale | $23,500 | -- | -- |
About the Listing Agent
Ericka Taylor
Realtor | Investor | Co-Owner of Taylor's Contracting Services | Licensed Title Agent | Certified Building Inspector| Mobile Notary
Ericka Taylor is a multifaceted real estate professional with a wealth of experience and expertise in the industry. As a licensed realtor, she brings a deep understanding of the market and a passion for helping clients achieve their real estate goals.
In addition to her work as a realtor, Ericka is an astute investor, constantly seeking new
Ericka's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12613659
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Ask me questions while you tour the home.