Corcoran Urban Real Estate
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Any Beds
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31 Properties Within 0.5 miles of: 7645 S Morgan, Chicago

7645 S Morgan
Chicago, IL 60620

  • 6 Beds
  • Built In 1910
Price

$377,777

Est Payment
$2,249 / month (details)  
Taxes
$2,954  
Beds
6  
Rooms
13  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
40 X 125  
Built
1910  
Neighborhood
Gresham  
MLS
#12477764
Status
Active (9 days)

Property Description

Investors, welcome to this fully rehabbed, turn-key 2-unit property with a partially finished, full basement that includes a newly renovated full bathroom. This rental cash-flows $3,580/month in rental income an ideal addition to your portfolio! Each unit features separate living and dining areas, along with fully updated kitchens showcasing quartz countertops, shaker cabinets, and brand-new stainless steel appliances. The property also includes a 2-car garage, one space is already being rented for $100 leaving the other space available to be rented for an additional $100. There is also an additional covered parking space, offering convenience for tenants. Located just one block from the upcoming Metra station and minutes from the Red Line and Dan Ryan Expressway, this location is perfectly situated for easy commuting and rental appeal. Recent updates (2025) include : Basement waterproofing, New sump pump , Sealed flat roof with 15-year roof certification, New pipes installed in both units, and the basement has newly installed washer and dryer hookup. Rental Breakdown: Unit 1: $1,750/month / Unit 2: $1,830/month : Total: $3,580/month. Don't miss this amazing opportunity to own a fully leased, income-generating property.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Steam, Radiator(s)
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, On Site, Garage Owned, Detached, Garage, Parking included in price
Schools
Simeon Career Academy High Schoo (299), Oglesby Elementary School (299), Woodlawn Elementary School Commu (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-22-2025 Listed at $377,777
Last Modified 9/28/25 12:05 AM

Nearby Transportation

  • Bus 8 0.2 mi
  • Bus 44 0.3 mi
  • Bus 79 0.3 mi
  • Bus 75 0.3 mi
  • Bus 169 0.4 mi
  • Bus 8A 0.4 mi
  • Bus 9 0.8 mi
  • Bus 24 0.8 mi
  • Bus X9 0.8 mi
  • Bus 67 1.0 mi
  • Bus 29 1.2 mi
  • I 94 East 1.2 mi
  • I 94 West 1.2 mi
  • I 90 East 1.8 mi
  • I 90 West 2.0 mi
  • Hwy 57 2.7 mi
  • Hwy 57 2.8 mi
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