7835 S Morgan St.

7835 S Morgan St., Chicago, IL 60620

Sold for $200,000 on 10/21/20


Beds Baths Built Sq.Ft. Garage Taxes On Market
6 1909 1 $2,457 1815 days

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!

Listing courtesy of Straight-A Realty, LLC


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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