7645 S Morgan ST new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60620
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12477764
Bedrooms 6
Year Built 1910
Annual Tax Amount $2,953
Tax Year 2023
Lot Size 4,791 Sqft
Property Sub-Type Two to Four Units
Property Description
Investors, welcome to this fully rehabbed, turn-key 2-unit property with a partially finished, full basement that includes a newly renovated full bathroom. This rental cash-flows $3,580/month in rental income an ideal addition to your portfolio! Each unit features separate living and dining areas, along with fully updated kitchens showcasing quartz countertops, shaker cabinets, and brand-new stainless steel appliances. The property also includes a 2-car garage, one space is already being rented for $100 leaving the other space available to be rented for an additional $100. There is also an additional covered parking space, offering convenience for tenants. Located just one block from the upcoming Metra station and minutes from the Red Line and Dan Ryan Expressway, this location is perfectly situated for easy commuting and rental appeal. Recent updates (2025) include : Basement waterproofing, New sump pump , Sealed flat roof with 15-year roof certification, New pipes installed in both units, and the basement has newly installed washer and dryer hookup. Rental Breakdown: Unit 1: $1,750/month / Unit 2: $1,830/month : Total: $3,580/month. Don't miss this amazing opportunity to own a fully leased, income-generating property.
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning MULTI
Interior
Heating Natural Gas,Steam,Radiator(s)
Exterior
Garage Spaces 2.0
Community Features Sidewalks
Roof Type Asphalt
Building
Lot Description Level
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Woodlawn Elementary School Commu
Middle Schools Oglesby Elementary School
High Schools Simeon Career Academy High Schoo
School District 299 ,299, 299
Others
Special Listing Condition None