Properties

Features
: Central Individual
Address Map
US
IL
Cook
Chicago
60608
Morgan
3222-3224
Street
W88° 20' 55.2''
N41° 50' 7.5''
31st St or 35th St to Morgan.
CHI - Bridgeport
CHI - Bridgeport
S
S
OTHER
Additional Information
6660
: Brick
: Other
Circuit Breakers,Service - 201 to 600 Amps
Circuit Breakers,Service - 201 to 600 Amps
: Concrete Perimeter
50x107
9
9
Other
2
Avenue 1 Realty Group
Ronald Ohr
Financial
19085
Listing Information
132820
16548
MRED
Listing Information
Contingent
2026-05-29T16:42:03Z
2026-05-29T16:41:28Z
Property Description

Turnkey 9-unit mixed-use property in one of Chicago’s strongest rental markets of Bridgeport!. Excellent unit mix: three (3) 2BD/1BA, four (4) 1BD/1BA, and two (2) retail storefronts. The 3222 storefront and 1R unit are currently combined and leased to one tenant, easily converted back to separate spaces if desired. Each unit separately metered for gas and electric. Heating includes a mix of furnaces and Williams heaters; commercial units and 2F have furnaces with A/C condensers. Major capital improvements include full gut rehab of Unit 2F with all new plumbing, electrical, and HVAC, storefront cosmetic updates (2024), two new furnaces (2024), new water heaters, copper plumbing in select areas, electrical upgrades, and new basement coin laundry (2 washers/2 dryers). Located just off I-55 & I-90/94, minutes from Downtown, and walking distance to Guaranteed Rate Field and public transit. Strong rental history, updated systems, and minimal deferred maintenance make this an ideal turnkey addition to any investment portfolio.**Investor Upside: Add a concrete parking pad in the rear (gate already in place) and generate additional parking income, install furnaces and A/C in remaining units, add a doorbell/buzzer system for convenience and security, and raise all rents to market levels-current rents are below market.

Commercial Sale For Sale

3222-3224 S Morgan Street, Chicago, Illinois 60608

$1,299,999
Listing ID#12632904
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12632904
Price : $1,299,999
Year Built : 1891
Listing Status : Active Under Contract
Property Sub Type : Mixed Use
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