5612 S Morgan Street, Chicago IL 60621
Property Description
Turnkey Investment Opportunity! Updated multi-unit property with each unit offering 3 bedrooms and 1 bathroom. The building is fully tenant occupied and already generating rental income, making it an excellent opportunity for investors looking to add an income-producing property to their portfolio. Updated units, spacious layouts, and established tenants make this a great investment with rental income already in place. Need 48-hour notice required for all showings due to tenant occupancy.
Features & Information
Key Details
- List Price $315,000
- Property Taxes $2,410
- Status Active
- List Market Time 7
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 3
- Baths 1
- Appliances None
- Rent $1,300/mo
- Tenant Pays Electric,Gas
- Lease Expires 04/27
-
Unit 2
- Floor 2
- Rooms 6
- Beds 3
- Baths 1
- Appliances None
- Rent $1,800/mo
- Tenant Pays Electric,Gas
- Lease Expires NONE
Exterior Features
-
Parking
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building Unknown
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property 55th, To Morgan South To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 2410
- Tax Year 2024
- Parcel Identification Number 20172110190000
Listed by Sebastian Hila for Optimus Realty Inc | 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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