Listing provided courtesy of A List Homes RealtyMREDas Distributed by MLSGrid- MLS# 12687589
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Request Info6837 S Morgan StreetChicago, IL 60621
Multi-Family · 5 Beds$319,000
Active
6837 S Morgan Street Overview
- Time on Site:
- 5 days
- Visits:
- 0
Turnkey Brick 2-Flat | Fully Rehabbed | Income-Producing Day One Private Laundry Per Unit | Basement Storage | Duplex-Down Potential A rare opportunity to own a fully renovated, cash-flowing 2-flat with stable, long-term tenants already in place and rent hitting your account every month - no work, no waiting. The Units: Unit 1 - 2 bed | 1 bath | hardwood floors | updated kitchen Unit 2 - 3 bed | 1 bath | hardwood floors | updated kitchen Each unit features its own private laundry room and dedicated basement storage. Tenants pay all utilities. The Building: Comprehensively rehabbed in 2021 with updated plumbing and electrical throughout. Roof inspected and repaired. New back porch siding. Mechanically sound and genuinely low-maintenance - the heavy lifting is already done. The Upside: The large unfinished basement presents a compelling value-add play: rough plumbing is already in place for a duplex-down conversion, turning this 2-flat into a 3-unit and unlocking a significant additional income stream. Why It Works: Stable tenancy | Utilities paid by tenants | Rehabbed & move-in ready | Value-add conversion potential | Motivated seller
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6837 S Morgan Street Facts & Features
- Type Multi-Family
Details
General
School Information
- School District: 299
Income/Expenses
- Gross Income: 36936
- Net Operating Income: 36936
Building Information
- New Construction: No
- Year Built: 1920
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Englewood
- Township: Hyde Park
Community/Development
- Community Features: Curbs, Sidewalks, Street Lights, Street Paved
Tax Information
- Tax Annual Amount: $3,013.83
- Tax Year: 2024
General Information
- Ownership: Fee Simple
- Parcel Number: 20204120120000
- Property Type: Residential Income
- Special Listing Conditions: None
- Zoning: MULTI
Interior
Parking Information
- Half Baths Building: 1
Beds/Baths
- Bathrooms Total: 3
- Bedrooms Total: 5
- Bedrooms Possible: 5
- Full Baths Building: 2
General Information
- Basement: Finished, Exterior Entry, Full, Walk-Out Access
- Foundation Details: Concrete Perimeter
- Heating: Natural Gas, Forced Air
- Rooms Total: 10
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 4375
- Water Source: Lake Michigan
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Tar/Gravel
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 1519
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 1559
- Beds Total: 3
- Baths Total: 1
6837 S Morgan Street Neighborhood
Community
60621 (Chicago) Demographics
37
Median Age
7,171
Population Density (per sq. mile)
16%
College Educated
$23,019
Estimated Median Income
2,506
Estimated Total Home Owners
8,240
Estimated Total Renters
23% / 77%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.6837 S Morgan Street Monthly Cost
6837 S Morgan Street Market Data
Based on the last 30 days in this zip code
$192,359
Average List Price
$125
Average Price per Square Foot
3
Properties Sold
86
Average Days on Market
45
Properties for Sale
6837 S Morgan Street History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: MRED | Active |
|
| 6/24/2026Source: MRED | June 24, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |
|
| 6/20/2022Source: MRED | January 27, 2022 |
|
| 4/2/2022Source: MRED | Closed |
|
| 3/2/2022Source: MRED | Contingent |