7100 S Morgan ST, Chicago, IL 60621
7100 S Morgan ST, Chicago, IL 60621
7100 S Morgan ST, Chicago, IL 60621
7100 S Morgan ST, Chicago, IL 60621
7100 S Morgan ST, Chicago, IL 60621
7100 S Morgan ST, Chicago, IL 60621
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$ 199,900
Est. payment | /mo

3,450 SqFt


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$ 199,900
Est. payment | /mo
Save

3,450 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 3,450 sqft

Price per Sqft $57

MLS Listing ID 12737856

Year Built 1914

Annual Tax Amount $8,189

Tax Year 2023

Lot Size 6,229 Sqft

Lot Dimensions 50x125

Property Sub-Type Retail/Stores

Property Description

ATTENTION INVESTORS, ENTREPRENEURS & VISIONARIES! Bring your ideas and unlock the potential of 7100 S Morgan Street. This value-add commercial property is currently divided into three separate retail/commercial spaces, creating an exciting opportunity for an investor or owner-user looking to build equity and create future cash flow. The property needs substantial renovation and improvement, but important work has already been started. Recent upgrades include a newly installed structural beam, tuckpointing, and additional improvements, giving the next owner a head start on bringing their vision to life. The existing three-space configuration provides tremendous flexibility. Renovate and lease the individual spaces for multiple potential income streams, occupy one while leasing the others, or explore a larger redevelopment concept. This is the type of property where the right improvements can make the difference. Whether your vision includes neighborhood retail, service-based businesses, office space, studios, the flexibility of three individual spaces opens the door to numerous possibilities. Three spaces. Multiple potential income streams. One value-add opportunity. Bring your contractor, your ideas, and your vision to see the possibilities this property has to offer!

Location

State IL

County Cook

Area Chi - Englewood

Zoning COMMR

Interior

Cooling None

Fireplace N

Building

Dwelling Type Retail/Stores

Midwest Real Estate Data (MRED) IDX
Listed by Brittany Sanchez of  Realty of America, LLC 

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7100 S Morgan ST