Sold
Last Sold Price
39-41 N Morgan St, Chicago, IL 60607
Mixed UseProperty Type
1,583 sq ftLot Size
2008Year Built

Description

Available for sale is a 1,583 square foot retail/office unit in a 4-story condominium building in the West Loop. Located on a traffic-lit highly visible corner, this space was formerly a banking institution space. The building is very well-located amongst a multitude of restaurants, shopping and entertainment in the area and has easy access to public and vehicular transportation. Great opportunity for an investor. Situated in the West Loop, this property is nestled in the Jackson Boulevard District...Available for sale is a 1,583 square foot retail/office unit in a 4-story condominium building in the West Loop. Located on a traffic-lit highly visible corner, this space was formerly a banking institution space. The building is very well-located amongst a multitude of restaurants, shopping and entertainment in the area and has easy access to public and vehicular transportation. Great opportunity for an investor. Situated in the West Loop, this property is nestled in the Jackson Boulevard District is a historic and vibrant neighborhood which is in close proximity to downtown Chicago and provides easy access to world-class dining, entertainment and boutiques and business hubs.

    Sold By Millennium Properties RE, Inc.

    • Listed by: Daniel Hyman 312.338.3003 dhyman@mpirealestate.com • Millennium Properties RE, Inc.
    Listing closed: 10/11/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12050941

    Recent comparable sales

    Median sold price

    $480,000

    Avg days on market

    112

    Sale-to-list ratio

    91.5%

    Chicago, IL

    9 comparable properties found

    $480,000 | 1303 West Chicago Avenue, Chicago, IL 60642
    1/34
    1

    $480,000

    Sold 06/15/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.05
    Acres
    a front view of a house
    1/14
    2

    $430,000

    Sold 12/22/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.05
    Acres
    front view of a brick building
    1/30
    3

    $500,500

    Sold 05/01/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.06
    Acres
    a front view of a house with yard
    1/5
    4

    $458,888

    Sold 05/01/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.05
    Acres
    a front view of a building
    1/8
    5

    $451,000

    Sold 01/28/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.08
    Acres
    a view of a building with glass windows
    1/10
    6

    $490,000

    Sold 11/10/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.06
    Acres
    a car parked in front of a building
    1/20
    7

    $530,000

    Sold 11/15/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.06
    Acres
    $560,000 | 1532 North Ashland Avenue, Chicago, IL 60622
    8

    $560,000

    Sold 07/02/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.04
    Acres
    $380,000 | 2301 West Cermak Road, Chicago, IL 60608
    1/25
    9

    $380,000

    Sold 01/08/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres

    Location

    Add your commute

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    $4,329 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $2,287

    Property Taxes

    $2,042

    HOA Dues

    $0

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    Property Information for 39-41 North Morgan Street

    Property Details
    • Taxes: $24,503 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: CHI - Loop
    • Air Conditioning Type: Central Air
    Building Information
    • Stories: 1
    • Residences: 1
    • Year Built: 2008
    • Lot Size: 0.04 AC / 1,583 SF
    General Information
    Location and General Information
    • Geographic Locale: Chicago West
    • Information: 48-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Other
    • Heat/Ventilation: Other
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 0
    Property/Lot Information
    • Built Before 1978: No
    • Approximate Age: 16-25 Years
    • Lot Dimensions: 1583
    • Lot Size Square Feet: 1583.0
    • Stories: 1
    • Fire Protection: Other
    • # Of Offices: 0
    • # Of Stores: 1
    • Property Sub Type: Apts/Ofc/Store, Ofc/Store
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 1
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $.00
    • Total Monthly Income: 0
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 39-41 North Morgan Street

    DateEvent & SourcePriceAppreciation
    Oct 11, 2024

    Sold

    MRED #12050941

    $450,000
    Sep 25, 2024

    Pending

    MRED #12050941

    May 8, 2024

    Cancelled

    MRED #11986115

    $450,000
    DateEvent & SourcePrice
    10/11/2024

    Sold

    MRED #12050941

    $450,000
    09/25/2024

    Pending

    MRED #12050941

    05/08/2024

    Cancelled

    MRED #11986115

    $450,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 39-41 North Morgan Street

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - 7 to 12
    Public - K to 8
    Rating
    School
    Distance
    Skinner Elementary School
    PublicPK to 8

    Wells Community Academy High School
    Public9 to 12

    Young Magnet High School
    Public7 to 12

    Chicago World Language Academy
    PublicK to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    West Loop
    West Loop
    Luxe lofts, galleries, boutiques, and restaurants are still distinguished by West Loop’s industrial roots. An explosive overhaul of former factories, wholesale markets, and warehouses transformed the West Loop into a diverse array of reputable eateries, gallery and designer spaces, and converted...

    Neighborhood Map and Transit

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Millennium Properties RE, Inc.

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/11/2024 05:38 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.