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!
| MLS # | 12737856 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1914 |
| Days On Site | 9 |
| Listing Provided By | Realty of America, LLC | Brittany Sanchez |
| SQ Feet | 3,450 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Zoning | COMMR |
| Acreage | 0.14 |
| Cooling | None |
|---|
| Electric | Other |
|---|
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 8189 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60621 |
| Area | CHI Englewood |
| Listing VS Median (in 60621) | |
Price: $199,900 low | high Med: $102,000 sqft: 3,450 low | high Med: 1,346 $ / sqft: $58 low | high Med: $80 On site: 9 low | high Med: 136 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60621 |
| Area | CHI Englewood |
| Listing VS Median (in 60621) | |
Price: $199,900 low | high Med: $102,000 sqft: 3,450 low | high Med: 1,346 $ / sqft: $58 low | high Med: $80 On site: 9 low | high Med: 136 | |