7100 S Morgan Street, Chicago, IL

$199,900

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0.14

Acres

About 7100 S Morgan Street

ATTENTION INVESTORS, ENTREPRENEURS & VISIONARIES! Bring your ideas and unlock the potential of 7100 S Morgan Street. This value-add commercial property is currently divided into three separate retail/commercial spaces, creating an exciting opportunity for an investor or owner-user looking to build equity and create future cash flow. The property needs substantial renovation and improvement, but important work has already been started. Recent upgrades include a newly installed structural beam, tuckpointing, and additional improvements, giving the next owner a head start on bringing their vision to life. The existing three-space configuration provides tremendous flexibility. Renovate and lease the individual spaces for multiple potential income streams, occupy one while leasing the others, or explore a larger redevelopment concept. This is the type of property where the right improvements can make the difference. Whether your vision includes neighborhood retail, service-based businesses, office space, studios, the flexibility of three individual spaces opens the door to numerous possibilities. Three spaces. Multiple potential income streams. One value-add opportunity. Bring your contractor, your ideas, and your vision to see the possibilities this property has to offer!

Features of 7100 S Morgan Street

MLS® # 12737856
Price $199,900
Bathrooms 0.00
Acres 0.14
Year Built 1914
Type Commercial Sale
Sub-Type Retail/Stores
Status Active
HOA Fees Freq. Annually
Taxes $8,189

Community Information

Address 7100 S Morgan Street
Area CHI - Englewood
City Chicago
County Cook
State IL
Zip Code 60621

Amenities

Is Waterfront No
New Construction No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Additional Information

Days on Market 7
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty of America, LLC

Listing Map

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