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    3314 S Morgan Street

    Chicago, IL 60608
    • $1,500,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 11034880
    UPDATED: 77 min ago
    $1,500,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,125
      SQFT
    • $706
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Description

    The ParkPro Group of Coldwell Banker Commercial NRT has been exclusively chosen to market this fully gut/rehabbed 4-Story 3-Unit building. The first floor features a retail tenant and the 2nd/3rd & 4th floors are residential units ranging from 1000-1850 sq. ft. The building is in pristine condition with no deferred capital expenses. Exterior offers a new roof, private decks for each unit, recent tuck-pointing, newer windows and a rooftop deck & 2-car garage. All utilities are separated and this turnkey investment opportunity can consistently generate strong positive cash flow for years to come in this growing neighborhood.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-16T10:52:31.67 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3314 S Morgan Street Chicago, IL 60608

    • Price: $1,500,000
    • Status: Active
    • Updated: 77 min ago
    • MLS #: 11034880
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    2,125
    SQFT
    $706
    $/SQFT
    1900
    Built
    Neighborhood:
    Chi - Bridgeport
    County:
    Cook
    Area:
    Chi - Bridgeport
    Property Description
    The ParkPro Group of Coldwell Banker Commercial NRT has been exclusively chosen to market this fully gut/rehabbed 4-Story 3-Unit building. The first floor features a retail tenant and the 2nd/3rd & 4th floors are residential units ranging from 1000-1850 sq. ft. The building is in pristine condition with no deferred capital expenses. Exterior offers a new roof, private decks for each unit, recent tuck-pointing, newer windows and a rooftop deck & 2-car garage. All utilities are separated and this turnkey investment opportunity can consistently generate strong positive cash flow for years to come in this growing neighborhood.
    Exterior Features

    Construction Materials Brick Foundation Details Concrete Perimeter Parking Total 2

    Interior Features

    Cooling Central Air Electric Circuit Breakers0-100 Amps Fire Protection Smoke Or Fire ProtectorsCarbon Monoxide Detector(S) Flooring Wood Heat Ventilation Central Heat/Indiv Controls Indoor Parking 1-5 Spaces Miscellaneous Inside Multi-Tenant Number Of Apts 2 Number Of Dishwashers 2 Number Of Disposals 2 Number Of Dryers 2 Number Of Offices 0 Number Of Refrigs 2 Number Of Stores 1 Number Of Washers 2

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 5.6 Current Use Commercial Electric Expense 0 Expense Year 2020 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago South Gross Income 95400 Gross Scheduled Income 95400 Insurance Expense 3565 Lot Size Dimensions 125X25 Net Operating Income Year 2020 Number Of Tenants 3 Operating Expense 11173 Other Expense 0 Tax Annual Amount 6308 Tax Year 2019 Tenant Pays ElectricityHeatSewer Total Actual Rent 7950 Total Monthly Income 7950 Trash Expense 700 Water Sewer Expense 0 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Commercial Nrt.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-16T10:52:31.67 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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