6837 S Morgan Street, Chicago, IL
  • $319,000

Description

Turnkey Brick 2-Flat | Fully Rehabbed | Income-Producing Day One Private Laundry Per Unit | Basement Storage | Duplex-Down Potential A rare opportunity to own a fully renovated, cash-flowing 2-flat with stable, long-term tenants already in place and rent hitting your account every month – no work, no waiting. The Units: Unit 1 – 2 bed | 1 bath | hardwood floors | updated kitchen Unit 2 – 3 bed | 1 bath | hardwood floors | updated kitchen Each unit features its own private laundry room and dedicated basement storage. Tenants pay all utilities. The Building: Comprehensively rehabbed in 2021 with updated plumbing and electrical throughout. Roof inspected and repaired. New back porch siding. Mechanically sound and genuinely low-maintenance – the heavy lifting is already done. The Upside: The large unfinished basement presents a compelling value-add play: rough plumbing is already in place for a duplex-down conversion, turning this 2-flat into a 3-unit and unlocking a significant additional income stream. Why It Works: Stable tenancy | Utilities paid by tenants | Rehabbed & move-in ready | Value-add conversion potential | Motivated seller

  • Listing Courtesy of: A List Homes Realty

Details

Updated on June 27, 2026 at 8:06 pm
  • Property ID MRD12687589
  • Price $319,000
  • Bedrooms 5
  • Year Built 1920
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 20204120120000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status New
  • Cumulative Days On Market 1
  • Tax Annual Amount 3013.83
  • Heating Natural Gas,Forced Air
  • Directions From Dan Ryan - west on 69th to morgan, north to address
  • Zoning MULTI
  • Address 6837 S Morgan Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60621
  • Country United States

Overview

Property ID: MRD12687589
  • Multi Family
  • Property Type
  • 5
  • Bedrooms
  • 1920
  • Year Built

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