6837 S Morgan St Chicago, IL 60621
Englewood NeighborhoodEstimated payment $2,003/month
Highlights
- Forced Air Heating System
- Fenced
- Paved or Partially Paved Lot
About This Home
Turnkey Brick 2-Flat | Fully Rehabbed | Income-Producing Day One Private Laundry Per Unit | Basement Storage | Duplex-Down Potential A rare opportunity to own a fully renovated, cash-flowing 2-flat with stable, long-term tenants already in place and rent hitting your account every month - no work, no waiting. The Units: Unit 1 - 2 bed | 1 bath | hardwood floors | updated kitchen Unit 2 - 3 bed | 1 bath | hardwood floors | updated kitchen Each unit features its own private laundry room and dedicated basement storage. Tenants pay all utilities. The Building: Comprehensively rehabbed in 2021 with updated plumbing and electrical throughout. Roof inspected and repaired. New back porch siding. Mechanically sound and genuinely low-maintenance - the heavy lifting is already done. The Upside: The large unfinished basement presents a compelling value-add play: rough plumbing is already in place for a duplex-down conversion, turning this 2-flat into a 3-unit and unlocking a significant additional income stream. Why It Works: Stable tenancy | Utilities paid by tenants | Rehabbed & move-in ready | Value-add conversion potential | Motivated seller
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,014
Year Built
- Built in 1920 | Remodeled in 2021
Lot Details
- Fenced
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
- Tar and Gravel Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 2 Units
Building Details
- Gross Income $36,936
- Net Operating Income $36,936
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,793 | $15,001 | $1,313 | $13,688 |
| 2024 | $1,793 | $15,001 | $1,313 | $13,688 |
| 2023 | $1,748 | $8,500 | $2,844 | $5,656 |
| 2022 | $1,748 | $8,500 | $2,844 | $5,656 |
| 2021 | $1,709 | $8,499 | $2,843 | $5,656 |
| 2020 | $1,685 | $7,564 | $3,281 | $4,283 |
| 2019 | $1,727 | $8,596 | $3,281 | $5,315 |
| 2018 | $1,698 | $8,596 | $3,281 | $5,315 |
| 2017 | $4,488 | $20,848 | $2,843 | $18,005 |
| 2016 | $4,176 | $20,848 | $2,843 | $18,005 |
| 2015 | $3,820 | $20,848 | $2,843 | $18,005 |
| 2014 | $3,252 | $17,527 | $2,625 | $14,902 |
| 2013 | $3,188 | $17,527 | $2,625 | $14,902 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/13/2026 07/13/26 | Pending | -- | -- | -- | |
| 06/24/2026 06/24/26 | For Sale | $319,000 | +38.7% | -- | |
| 04/01/2022 04/01/22 | Sold | $230,000 | -8.0% | -- | View Prior Sale |
| 03/02/2022 03/02/22 | Pending | -- | -- | -- | |
| 10/14/2021 10/14/21 | For Sale | $250,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $230,000 | -- | |
| Warranty Deed | $230,000 | None Listed On Document | |
| Warranty Deed | $30,000 | Attorney | |
| Special Warranty Deed | -- | Chicago Title | |
| Sheriffs Deed | -- | Attorney | |
| Warranty Deed | $50,000 | None Available | |
| Quit Claim Deed | -- | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,500 | No Value Available | |
| Previous Owner | $48,732 | FHA |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12687589
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