7645 South Morgan Street

Chicago IL 60620

0.11 ac.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

6 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

0.11 ac. lot size

Multi-Family

Property history for 7645 South Morgan Street

2025

Sold

$159,000

24 Jan 2025 by Ashley Kaehn, of Compass

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