ClosedPrice Reduced

$165,000

$185,000
7809 Morgan Street, Chicago, IL 60620
6 Beds2 Baths92 days
7809 Morgan Street·Chicago, IL 60620
6Bedrooms
2Bathrooms
About This Home

Investment Opportunity: Spacious Multi-Unit Property with Great Potential Calling all investors and savvy buyers with an eye for opportunity! This massive multi-unit property boasts impressive features, making it a prime investment option. With towering 12-foot ceilings, formal living and dining rooms, this property offers excellent potential for those willing to roll up their sleeves and undertake a rewarding project. The first floor of the property features three bedrooms, while the second floor offers three to four bedrooms along with generously sized bathrooms. Additionally, the unfinished walkout basement holds significant untapped potential and can be creatively transformed into a duplex, seamlessly extending the first-floor living space. While both units require rehabilitation, the upside is substantial. Comparable properties in the area have shown strong after-repair values, indicating a lucrative opportunity for increased rental income and future returns. Don't miss out on this chance to invest in a promising real estate project with the potential for substantial rewards.

MLS# 11917074Listed October 25, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms13

Size & Structure

Garage Spaces2
Lot Size3750

Location

CountyCook
TownshipLake
Zip Code60620

Financial

List Price$165,000
Original Price$185,000
Annual Taxes (2022)$713
Monthly Tax Est.$59
Parcel #20294280030000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFullWalk-Out Access
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$713
Tax Year 2022
Monthly Tax Est.
$59
per month
Price Reduced by $20,000
Original list price: $185,000
Property Location

7809 Morgan Street, Chicago, IL 60620Cook County

$165,000
7809 Morgan Street
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
92 days on market
2-car garage
3750
$713/yr taxes
Price reduced $20,000
$927
estimated monthly payment
Principal & Interest
$867/mo
Property Tax
$59/mo
$165,000
20% — $33,000
3%50%
6.875%
3%12%
Loan Amount
$132,000
Down Payment
$33,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX 10
Agent: Andretta Robinson
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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