22
See all 22 photos
$340,000
Est. payment /mo
5 Beds
3 Baths
New
6837 S Morgan ST Chicago, IL 60621
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12365230
Bedrooms 5
Year Built 1920
Annual Tax Amount $1,793
Tax Year 2023
Lot Dimensions 4375
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Chi - Englewood
Zoning MULTI
Rooms
Basement Finished, Exterior Entry, Full, Walk-Out Access
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Tar/Gravel
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Dalila Arellano • A List Homes Realty