7835 S Morgan Street
Chicago, IL 60620
- 6 beds
- 2 baths
- – sqft
- 4,792 sqft lot
- 1909 build
- – on site
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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!
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Last updated Apr 22, 2024
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MLS# 10724733 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/21/20
Oct 21, 2020
|
Sold | MRED | $200,000 | -7.0% |
|
9/21/20
Sep 21, 2020
|
Sold Subject To Contingencies | MRED | $215,000 |