Chicago, IL 60620,7835 S Morgan ST
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Chicago, IL 60620,7835 S Morgan ST
Chicago, IL 60620,7835 S Morgan ST
Chicago, IL 60620,7835 S Morgan ST
Chicago, IL 60620,7835 S Morgan ST

$200,000

Est. payment /mo

$215,000

7.0%
Est.Price: ?

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7835 S Morgan ST Chicago, IL 60620

6 Beds

2 Baths

4,791 Sqft Lot

SOLD DATE : 10/21/2020

Key Details

Sold Price $200,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10724733

Bedrooms 6

Year Built 1909

Annual Tax Amount $2,456

Tax Year 2018

Lot Size 4,791 Sqft

Property Sub-Type Two to Four Units

Property Description

Motivated Seller! This over-sized brick 2 unit in Auburn Gresham is one of the largest 2-flats in the entire neighborhood from a square footage perspective! This jumbo 2-flat is 3,272 square feet and includes a sizable unfinished basement! Each unit features 3 bedrooms,1 bathroom, living room and dining room! Auburn Gresham is a rapidly appreciating Chicago-land neighborhood with tons of investment activity! Huge equity upside here! Rehabbed sold comparable brick 2-unit properties within a square mile sold for an average of $322,000 within the past 6 months! This building provides so many options for a new buyer - fix and rent or renovate and flip! After renovated each 3-bedroom unit can rent for up to $1,400 per month! Looking for more cash flow!? - add an additional bedroom to each unit and duplex the first-floor unit with the basement! 1 car brick garage! Located on a great block! Great for a 203k buyer! Live in one unit and let your tenant pay most of your mortgage payment! Bring your renovation ideas! Take a tour! Make an offer! Won't last long!

Location

State IL

County Cook

Area Chi - Auburn Gresham

Zoning MULTI

Interior

Heating Natural Gas

Exterior

Exterior Feature Porch

Parking Features Detached

Garage Spaces 1.0

Building

Sewer Sewer-Storm

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Michael Applegate • Straight-A Realty, LLC
Bought with Ty Pearson • Keller Williams Preferred Realty
agent

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

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