3641 South Morgan Street

Chicago, IL 60609

$670,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Located in the heart of the hot Bridgeport neighborhood, the subject property is a beautiful 2-story Mixed-Use building that has recently undergone several upgrades. The 2,836 square foot building is situated on an oversized 3,900 sq. ft. lot and consists of a 1,300 sq. ft. income-producing event space on the 1st floor and a 2 BR/BA owner's unit on the 2nd floor. Recent upgrades include new 400 amp electric service, new rear porches, updated primary bedroom and bathroom. The roof was new in 2015....Located in the heart of the hot Bridgeport neighborhood, the subject property is a beautiful 2-story Mixed-Use building that has recently undergone several upgrades. The 2,836 square foot building is situated on an oversized 3,900 sq. ft. lot and consists of a 1,300 sq. ft. income-producing event space on the 1st floor and a 2 BR/BA owner's unit on the 2nd floor. Recent upgrades include new 400 amp electric service, new rear porches, updated primary bedroom and bathroom. The roof was new in 2015. Additionally, there is a spacious rear yard and 2 car garage with an electric car charger. Favorable zoning of M1-2 allows for a wide array of uses. 2020 Real Estate Taxes are $6,328. Great opportunity for an owner-operator, conversion to a single-family home or a 2 unit multifamily building.
  1. Listed by Adam Napp • Sperry Van Ness

Property Details for 3641 South Morgan Street

Area
CHI - Bridgeport
Num Of Parking Spaces
2.0

Location

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LISTING UPDATED: 09/01/2022 04:35 PM

Property Details for 3641 South Morgan Street

StatusClosed
MLS #11197238
Days on Market377
Taxes$6,328 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1898
Lot Size0.09 AC / 3,900 SF
CountyCook County

Location

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Building Information for 3641 South Morgan Street

Stories-Residences2Year Built1898Lot Size0.09 AC / 3,900 SF

Payment Calculator

$4,184 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,656

Property Taxes

$527

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3641 South Morgan Street

General Information
Location and General Information
  • Geographic Locale: Chicago South
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Service - 201 to 600 Amps
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 26 X 150
  • Lot Size Square Feet: 3900.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick, Stone
  • Fire Protection: Other
  • Building Area Total: 2836
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 17
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
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 3641 South Morgan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3641 South Morgan Street

Taxable ValueLand$15,600Additions$19,342Total$34,942
Tax Record2022$7,187 ($599 / month)
Home Facts
Baths2.5Total Finished SqFt2,836 SqFtAbove Grade Finished SqFt2,836 SqFtStories2Lot Size3,900 SqFtStyleMulti-Family Res (5+ Units)Year Built1901CountyCOOKAPN17-32-408-010

Schools near 3641 South Morgan Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Mcclellan Elementary School
PublicPK to 8

Air Force Academy High School
Public9 to 12

Namaste Elementary Charter School
CharterK to 8

Youth Connections Charter High School
Charter9 to 12

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sperry Van Ness

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. Based on information submitted to the MLS GRID as of 09/01/2022 04:35 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.