$199,900
( $57.94Per Sq Foot )
 $1,073 est/mo Sourced by Back At You

7100 S Morgan Street,Chicago, IL 60621

Chicago, IL 60621

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Description

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!

Details

MLS #12737856
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1914
Days On Site9
Listing Provided ByRealty of America, LLC | Brittany Sanchez

Features

SQ Feet3,450
Story(s)1
Units3
ZoningCOMMR
Acreage0.14

Interior

CoolingNone

Utilities

ElectricOther

Taxes

Tax Year2023
Tax Annual Amount8189

Area Information

StateIL
CountyCook
CityChicago
Zip Code60621
AreaCHI Englewood
Listing VS Median (in 60621)
Price:
$199,900
low | high
Med:
$102,000
98.974487243622% of Average
sqft:
3,450
low | high
Med:
1,346
100% of Average
$ / sqft:
$58
low | high
Med:
$80
12.43077212365% of Average
On site:
9
low | high
Med:
136
6.617647058824% of Average
Sourced by Back At You

Market Activity 60621

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60621
AreaCHI Englewood
Listing VS Median (in 60621)
Price:
$199,900
low | high
Med:
$102,000
98.974487243622% of Average
sqft:
3,450
low | high
Med:
1,346
100% of Average
$ / sqft:
$58
low | high
Med:
$80
12.43077212365% of Average
On site:
9
low | high
Med:
136
6.617647058824% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $149K - $249K
sqft: 2,500 - 4,000
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6916 S Lowe Avenue Property Photo 1
$224,900
6916 S Lowe Avenue
Chicago, IL 60621
Listing Updated: August 26, 2026 at 11:14:08 PM PDT
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