6243 S Morgan Street, Chicago IL 60621
$199,000

6243 S Morgan Street, Chicago IL 60621

$199,000
Active
Englewood Two to Four Units

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Property Description

Awesome investment opportunity in Englewood! Brick 2-unit property features a total of 5 bedrooms and 2 bathrooms across 2,178 sq. ft. First-floor unit offers 2 beds / 1 bath and is currently vacant-ideal for an owner-occupant or custom rehab. Second-floor unit features 3 beds / 1 bath, currently occupied by a month-to-month tenant. Near move-in ready condition requiring only minor repairs and capital improvements. Excellent cash flow potential or value-add play for investors, with strong nearby comp sales. Property sold as-is.

Features & Information

Key Details
  • List Price $199,000
  • Property Taxes $2,844
  • Year Built 1900
  • Status Active
  • List Market Time 7

Units

  • Unit 1
  • Floor 1
  • Rooms 4
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $0/mo
  • Tenant Pays All
  • Lease Expires N/A

  • Unit 2
  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $650/mo
  • Tenant Pays All
  • Lease Expires MTM

Exterior Features

  • Parking
  • # of Cars:  0

Building Information
  • Number of Units 2
  • Age of Building 100+ Years

Location
  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property 63rd To Morgan (n) To Subject Property.

  • Schools
  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

  • Property Taxes
  • Tax 2844.49
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 20174280180000

Listed by Oscar Darden for DEI Realty LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/22/2026 3:32 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.

Explore Englewood

Englewood has seen its share of both good fortune and hard luck over the years. Englewood Station was once a stop on the premier New York Central Railroad Line, and had one of the hottest shopping districts in the city. Unfortunately it suffered when many of the once-prominent industries, such as the railroad, left the community. Lately, though, there is a resurgence of interest in Englewood, as developers realize some of the hidden assets of the area, including convenient access to public transportation and expressways, loads of public parkland, and affordable housing. Not to mention free music concerts and outdoor films in the neighborhood's parks during the warm weather months.

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