7645 S Morgan Street
Chicago, IL, 60620
$377,777
6 Beds
3 Baths
0 SqFt
0.11 Acres
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$377,777
7645 S Morgan Street
Chicago, IL, 60620
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Investors, welcome to this fully rehabbed, turn-key 2-unit property with a partially finished, full basement that includes a newly renovated full bathroom. This rental cash-flows $3,580/month in rental income an ideal addition to your portfolio! Each unit features separate living and dining areas, along with fully updated kitchens showcasing quartz countertops, shaker cabinets, and brand-new stainless steel appliances. The property also includes a 2-car garage, one space is already being rented for $100 leaving the other space available to be rented for an additional $100. There is also an additional covered parking space, offering convenience for tenants. Located just one block from the upcoming Metra station and minutes from the Red Line and Dan Ryan Expressway, this location is perfectly situated for easy commuting and rental appeal. Recent updates (2025) include : Basement waterproofing, New sump pump , Sealed flat roof with 15-year roof certification, New pipes installed in both units, and the basement has newly installed washer and dryer hookup. Rental Breakdown: Unit 1: $1,750/month / Unit 2: $1,830/month : Total: $3,580/month. Don’t miss this amazing opportunity to own a fully leased, income-generating property.

Property Details

Price:
$377,777
MLS #:
MRD12477764
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chiauburngresham
Listed Date:
Sep 22, 2025
Year Built:
1910
Chi – Auburn GreshamChiauburngreshamWoodlawn Elementary School CommuOglesby Elementary SchoolSimeon Career Academy High Schoo

Schools

School District:
299
Elementary School:
Woodlawn Elementary School Commu
Middle School:
Oglesby Elementary School
High School:
Simeon Career Academy High Schoo

Interior

Heating
Natural Gas, Steam, Radiator(s)

Exterior

Community Features
Sidewalks
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$2,954
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 06, 2025
1,487
Multi Family Listed
80
Avg DOM
$499,539
Avg List Price

Community

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Property Summary

    7645 S Morgan Street Chicago IL is a Multi Family for sale in Chicago, IL, 60620. It is listed for $377,777 To schedule a showing of MLS#mrd12477764 at 7645 S Morgan Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7645 S Morgan Street
Chicago, IL