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Listed by Brittany Sanchezof Realty of America, LLC
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Est. payment /mo
New
7100 S Morgan ST Chicago, IL 60621
3,450 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 3,450 sqft
MLS Listing ID 12737856
Year Built 1914
Annual Tax Amount $8,189
Tax Year 2023
Lot Size 6,229 Sqft
Lot Dimensions 50x125
Property Sub-Type Retail/Stores
Property 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!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
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