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    3315 S Morgan Street

    Chicago, IL 60608
    • $1,475,000
    • STATUS: Active
    • ON SITE: 137 days
    • MLS #: 10956958
    UPDATED: 87 min ago
    $1,475,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1895
    County:

    School Ratings & Info

    Description

    The ParkPro Group of Coldwell Banker is pleased to present this 7% cap excellent investment opportunity in Bridgeport! This fully gutted & rehabbed 4-Story 3-Unit building features a long term retail tenant on the first floor. The 2nd features 3 bedrooms & 2 full bathrooms with 1068 SF while the 3rd & 4th floor duplex up features 3 bedrooms and 3 full bathrooms at 1854 SF. The building is in pristine condition with no deferred capital expenses. The exterior offers a new roof, tuckpointing, windows, & private decks for each unit, as well as a new patio for the retail business use. All utilities are separated, and this turnkey investment opportunity can consistently generate strong positive cash flow for years to come. Also have 3314 & 3319 S Morgan St for sale mls#10978394. Opportunity to purchase as portfolio package, ask for details.

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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 2021-05-08T11:51:09.083 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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    3315 S Morgan Street Chicago, IL 60608

    • Price: $1,475,000
    • Status: Active
    • Updated: 87 min ago
    • MLS #: 10956958
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1895
    Built
    Neighborhood:
    Chi - Bridgeport
    County:
    Cook
    Area:
    Chi - Bridgeport
    Property Description
    The ParkPro Group of Coldwell Banker is pleased to present this 7% cap excellent investment opportunity in Bridgeport! This fully gutted & rehabbed 4-Story 3-Unit building features a long term retail tenant on the first floor. The 2nd features 3 bedrooms & 2 full bathrooms with 1068 SF while the 3rd & 4th floor duplex up features 3 bedrooms and 3 full bathrooms at 1854 SF. The building is in pristine condition with no deferred capital expenses. The exterior offers a new roof, tuckpointing, windows, & private decks for each unit, as well as a new patio for the retail business use. All utilities are separated, and this turnkey investment opportunity can consistently generate strong positive cash flow for years to come. Also have 3314 & 3319 S Morgan St for sale mls#10978394. Opportunity to purchase as portfolio package, ask for details.
    Exterior Features

    Construction Materials Brick Foundation Details Concrete Perimeter Parking Total 0 Roof Structure Pitched

    Interior Features

    Cooling Central Individual Electric Circuit Breakers101-200 Amps Fire Protection None Heat Ventilation Forced AirGas Miscellaneous Inside Multi-TenantSkylight/SBasement Number Of Apts 2 Number Of Dishwashers 2 Number Of Offices 0 Number Of Refrigs 2 Number Of Stores 1 Number Of Washers 2 Number Of Window Ac 0

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 7 Electric Expense 0 Expense Year 2020 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago South Gross Income 120000 Gross Scheduled Income 120000 Insurance Expense 4192 Lot Size Dimensions 130X25 Net Operating Income Year 2020 Number Of Tenants 3 Operating Expense 15382 Other Expense 10390 Tax Annual Amount 9690.51 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeat Total Actual Rent 10000 Total Monthly Income 10000 Trash Expense 400 Utilities Electric To SiteGas To SiteSanitary SewerWater To Site Water Sewer Expense 400 Zoning Multi

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


    © 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 2021-05-08T11:51:09.083 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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