$340,000
6837 S Morgan Street
Chicago, IL, 60621
Fully Rehabbed Brick 2-Flat | Section 8 Tenants | Guaranteed Monthly Income Investors-here’s your chance to step into a turnkey, stabilized asset with guaranteed rent from long-term CHA (Section 8) tenants. This all-brick 2-flat has been fully rehabbed, professionally maintained, and is already cash flowing. Key Highlights: Unit 1: 2 bedrooms, sitting area, dining room, 1 full bath Unit 2: 3 bedrooms, 1 full bath with refinished hardwood floors, updated kitchen, and fresh paint Each unit has a private washer/dryer and individual storage in the basement Tenants pay all utilities-maximize your NOI Newer plumbing and electrical systems for long-term peace of mind Large unfinished basement offers future upside potential-convert to duplex or add coin laundry for extra revenue This is an ideal asset for the Section 8-focused investor seeking predictable returns, minimal turnover, and reliable government-backed rent payments. Motivated seller-let’s make a deal. Showings require 48-hour notice due to tenant occupancy. Don’t miss this cash-flowing opportunity!
Property Details
Price:
$340,000
MLS #:
MRD12365230
Status:
Active
Beds:
5
Baths:
3
Address:
6837 S Morgan Street
Type:
Multi Family
Neighborhood:
CHI – Englewood
City:
Chicago
Listed Date:
May 14, 2025
State:
IL
ZIP:
60621
Year Built:
1920
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Roof
Tar/ Gravel
Financial
Tax Year
2023
Taxes
$1,793
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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6837 S Morgan Street
Chicago, IL
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