3247 S Morgan Street Chicago, IL 60608
Brick 3 flat on perfect location. Contractors and Buyers who want to customize and upgrade and have significant equity here is your three unit on Morgan avenue in Ground Zero Bridgeport. This is a 3 unit residential Multi-Family Building on RS3 zoned lot. This property needs repairs from recent fire damage. Contact agent for explanation of scope of work. This property has been updated in the past but will require a Rehab Loan or Cash Purchase to upgrade it further and Buyer will take on building court case. Large square footage. Huge possibility to have a large duplex owners unit and collect well over $3000 from the other large rents from other units. Total possible rents of finished property exceed $4700 a month as income property. Finished value offers large equity position for the frugal contractor and good cashflow ROI. A great location to invest for the long term. Morgan Avenue Development in all directions. This is your perfect project.
2 weeks ago | Listing updated with changes from the MLS | |
2 weeks ago | Price changed to $299,900 | |
a month ago | Price changed to $329,900 | |
2 months ago | Listing first seen online |

Based on information submitted to the MLS GRID as of 2023-03-30 02:35 PM UTC. 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.
Data last updated: 2023-03-30 02:35 PM UTC
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