$1,350,000

Estimated payment $8,776/month

11 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Exceptionally rare opportunity to acquire one of only a handful of rental properties on Morgan Street directly across from the University of Illinois Chicago campus. This fully occupied brick three-flat contains 11 bedrooms and five full bathrooms across three units. Each unit features central heat and air conditioning, a refrigerator and range. The property also offers coin-operated laundry and rear tandem parking for up to six vehicles, providing additional income potential. Located in the heart of Little Italy/University Village with convenient access to UIC, public transportation, expressways, dining and neighborhood amenities. Do not disturb tenants. Financial information and offering materials are available from the listing broker.

Listing Agent

William Lundy

Brookline Real Estate LLC License #475174897 Listed on: 08/24/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,441

Year Built

  • Built in 1968

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 43x102

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $315
  • Insurance Expense $1,485
  • Maintenance Expense $1,064
  • Water Sewer Expense $1,993
  • Gross Income $113,433
  • Net Operating Income $91,637

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,441

Year Built

Built in 1968

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 11
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Roof: Rubber, Flat
  • Waterfront: No

Garage/Parking

  • Parking Features: Yes
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 1993

Lot Info

  • Lot Dimensions: 43x102
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 91637
  • Insurance Expense: 1485
  • ElectricExpense: 315
  • GrossIncome: 113433
  • Maintenance Expense: 1064
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 16441
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $16,441 $84,000 $26,247 $57,753
2024 $16,441 $84,000 $26,247 $57,753
2023 $16,027 $77,659 $21,092 $56,567
2022 $16,027 $77,659 $21,092 $56,567
2021 $15,667 $77,657 $21,091 $56,566
2020 $12,502 $55,937 $15,935 $40,002
2019 $12,670 $62,851 $15,935 $46,916
2018 $14,090 $71,097 $15,935 $55,162
2017 $10,391 $48,103 $14,061 $34,042
2016 $9,634 $48,103 $14,061 $34,042
2015 $8,815 $48,103 $14,061 $34,042
2014 $8,303 $44,751 $11,717 $33,034
2013 $8,139 $44,751 $11,717 $33,034
Source: Public Records

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
08/24/2026 08/24/26 For Sale $1,350,000 +54.8% --
12/05/2022 12/05/22 Sold $872,000 -8.1% $295 / Sq Ft View Prior Sale
10/27/2022 10/27/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $949,000 -- $321 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
Warranty Deed $872,000 None Listed On Document
Warranty Deed $226,000 --
Source: Public Records

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
Open $683,000 New Conventional
Closed $697,600 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12741328

Midwest Real Estate Data (MRED)

APN: 17174210690000

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