Chicago, IL 60621 6837 S Morgan Street

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Presented By: A List Homes Realty
  • MLS# 12380197
  • 05/30/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Full/Half Baths • 3 / 1

Home Details

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!
Presented By: A List Homes Realty

Interior Features for 6837 S Morgan Street

Bedrooms

Bedrooms Possible5
Total Bedrooms5

Bathrooms

Full Baths Building2
Half Baths Building1
Total Baths3

Other Interior Features

BasementFinished, Exterior Entry, Full, Walk-Out Access
Total Number of Units2

General for 6837 S Morgan Street

CityChicago
Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick
CountyCook
DirectionsFrom Dan Ryan - west on 69th to morgan, north to address
Elementary School District299
Gross Income36936
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - Englewood
Middle/Junior School District299
ModificationTimestamp2025-06-05T05:07:32.564Z
Net Operating Income36936
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofTar/Gravel
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1793
Tax Year2023
Total Rooms10
TownshipHyde Park
Year Built1920
ZoningMULTI

Exterior for 6837 S Morgan Street

Foundation DetailsConcrete Perimeter
Lot Dimensions4375
Total Parking0
Water SourceLake Michigan
WaterfrontY/NNo

Additional Details

Price History

Client Care

Price $329,000
MLS#12380197
List Date 05/30/2025
Property Type Multi-Family
Phone 847.485.2500
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Request Info
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