7205 S Morgan Street, Chicago, IL 60621
Cook County
Key Facts
Description
Investor Opportunity! Don't miss this chance to add a turnkey, income-producing property to your portfolio. This spacious 4-bedroom, 2-bathroom home is tenant-occupied, providing immediate rental income. The current tenant has an excellent rental history and has been a reliable occupant, making this an attractive opportunity for investors seeking a well-maintained investment property. The home offers generous living space and strong long-term investment potential in an area experiencing continued revitalization. Showings require 24 to 48 hours' notice to accommodate the tenant.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Living Area
2,600 sq ft
Lot Dimensions
25x125
Ownership
Fee Simple
Days on Market
7
MLS® Listing#
12702799
Property Features
Cooling
Heating
Basement
Construction
Sewer
Water Source
Rooms
- Bedroom 212X14Second
- Bedroom 312X10Main
- Bedroom 420X14
- Dining RoomCOMBOMain
- Family Room20X18Basement
- Kitchen14X14Main
- Laundry12X12Basement
- Living Room26X14Main
- Master Bedroom14X14Second
Financial Details
Annual Taxes
$738
Tax year 2023
Parcel Number
20292120030000
Directions
71st Street to Morgan Street, south to the property.
Affordability Calculator
$47,000
Estimated monthly payment
$1,251/mo
Principal $188,000 · Est. interest $262,277 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $387,475
- Median Listing Price
- 32
- Median Days on Market
- 1,406
- Median Sq Ft
- $283
- Median Price / Sq Ft
- 4,255
- Active Listings
- This home’s price is 39% below the area median.
- Its price per sq ft is 68% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Guggenheim Elementary School
Elementary · 0.0 mi away
Stagg Elementary School
Elementary · 0.3 mi away
True Christian Fellowship Baptist Church
School · 0.3 mi away
Chicago Public Schools
Elementary · 0.3 mi away
Chicago Public Schools
Elementary · 0.3 mi away
Chicago Public Schools
School · 0.4 mi away
Dr Martin Luther King, Junior Academy of Social Justice
Elementary · 0.4 mi away
Wentworthel Ementary School
Elementary · 0.5 mi away
John P Altgeld Elementary School
Elementary · 0.5 mi away
Chicago Urban Day School
School · 0.6 mi away
Oglesby Elementary School
Elementary · 0.6 mi away
Robeson High School
Secondary · 0.8 mi away
St Sabina Academy
Secondary · 0.8 mi away
Perkins Bass Elementary School
Elementary · 0.8 mi away
Community Youth Development Institute
Secondary · 0.9 mi away
Leo High School
Secondary · 0.9 mi away
Benjamin E. Mays Elementary Academy
Elementary · 0.9 mi away
Englewood Stem High School
Secondary · 0.9 mi away
Chicago Public Schools
Elementary · 0.9 mi away
Kiddie Heaven Learning Academy
School · 1.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7549 S Saint Lawrence Avenue, Chicago, IL | $164,900 | 3 | 1 | 1,200 |
| 1133 Parkview Avenue, Chicago Heights, IL | $165,000 | 4 | 2 | 1,463 |
| 5618 S Prairie Avenue 2, Chicago, IL | $165,000 | 3 | 2 | 1,300 |
| 265 W 107th Street, Chicago, IL | $165,000 | 4 | 2 | 1,050 |
| 800 S Independence Boulevard 3, Chicago, IL | $165,000 | 3 | 1 | 1,250 |
| 7130 S Green Street, Chicago, IL | $166,000 | 4 | 2 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: TADD Realty - 7738630704
Last Updated: 2026-07-12