Chicago, IL 60621
$175,000

Mark Quesada
Broker / Owner
LIC #475144827
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!
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$1,292/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Brittany Sanchez, Realty of America, LLC
MLS# MRD12763536 · Active
$237,000
Median sale price
50 days
Avg days on market
95.1% of list
Sells for
Closed sales in 60621 over the last 6 months, all home types.
History reflects records reported to the MLS and may be incomplete.
Interior
Construction
Lot & parking
Utilities
Actual closed sales from the MLS — not estimates.