3247 S morgan Street, Chicago, Cook County, IL, 60608 Chicago IL US

USD 329,900
For Sale MLS: 11710702

Property Details

Bedrooms

4

Bathrooms

2

Neighborhood

Bridgeport

Property Type

MultiFamily

Description

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. Find out more about this property. Request details here

Location

Address

3247 South Morgan Street, Chicago, Illinois 60608, United States

City

Chicago

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