6837 S Morgan Street
Chicago, IL 60621
- 5 beds
- 3 baths
- – sqft
- 1920 build
- – on site
Fully Rehabbed Brick 2-Flat | Section 8 Tenants | Guaranteed Monthly Income Investors-here's your chance to step into a turnkey, stabilized asset with guaranteed rent from long-term CHA (Section 8) tenants. This all-brick 2-flat has been fully rehabbed, professionally maintained, and is already cash flowing. Key Highlights: Unit 1: 2 bedrooms, sitting area, dining room, 1 full bath Unit 2: 3 bedrooms, 1 full bath with refinished hardwood floors, updated kitchen, and fresh paint Each unit has a private washer/dryer and individual storage in the basement Tenants pay all utilities-maximize your NOI Newer plumbing and electrical systems for long-term peace of mind Large unfinished basement offers future upside potential-convert to duplex or add coin laundry for extra revenue This is an ideal asset for the Section 8-focused investor seeking predictable returns, minimal turnover, and reliable government-backed rent payments. Motivated seller-let's make a deal. Showings require 48-hour notice due to tenant occupancy. Don't miss this cash-flowing opportunity!
Last checked:
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Last updated May 14, 2025
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MLS# 12365230 —
The Building
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Year Built:1920
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Roof:Tar/Gravel
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Basement:Finished, Exterior Entry, Full, Walk-Out Access
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Foundation Details:Concrete Perimeter
Interior
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Rooms Total:10
Location
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Directions:From Dan Ryan - west on 69th to morgan, north to address
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Location:88266
The Property
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Parcel Number:20204120120000
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Property Type:Residential Income
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Lot Size Dimensions:4375
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Zoning:MULTI
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Waterfront:false
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Fencing:Fenced
Listing Agent
- Contact info:
- Agent phone:
- (510) 872-5390
- Office phone:
- (510) 872-5390
Taxes
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Tax Year:2023
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Tax Annual Amount:1793
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:3
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Full Baths:2
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Half Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Community Features:Curbs, Sidewalks, Street Lights, Street Paved
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/14/25
May 14, 2025
|
Listed / Active | MRED | $340,000 | 47.8% (15.3% / YR) |
4/1/22
Apr 1, 2022
|
MRED | $230,000 | -7.4% | |
3/2/22
Mar 2, 2022
|
MRED | $248,500 |