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