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    3233 S Morgan St Chicago, IL 60608

    Under Contract
    For Sale
    $499,500

    Residential Income - Chicago, IL

    Days on Market:
    86
    Last Refresh:
    Dec 12 at 5:06 pm

    Property Features for 3233 S Morgan St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    17322130020000
    Exterior features
    Fencing
    Fencing
    Fenced

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1888
    Roof type
    Rubber
    Architectural style
    Other

    Century 21 Pro-Team (708) 398-6400 [email protected]

    Listing agent Marius Kasniunas (708) 361-0800 License #475125622

    Listing date Sep 18, 2025

    MLS# 12379150 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Two-Unit Income Property

    Located in the Bridgeport neighborhood of Chicago, this two-unit building is situated directly on Morgan Street, a main thoroughfare. The property offers convenient access to restaurants and shopping, and is a short distance from downtown Chicago. Both units feature separate entrances on Morgan Street and contain two bedrooms, plus an additional room suitable for an office, nursery, or library. Newer windows have been installed. The basement includes a finished room with a bathroom. This building is suitable for investors, owner-occupants looking to rent out one unit, or various other arrangements.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6507498
    Latitude
    41.8354214

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    FAQs

    What type of property is this?
    Duplex - Two-unit building in Bridgeport, close to restaurants and downtown.
    Where is this duplex located?
    The property is located at 3233 S Morgan St Chicago, IL.
    What is the asking price?
    The asking price for this property is $499,500.
    What are key features of this property?
    This property features: - Two separate units, ideal for investors or owner-occupancy with rental income.; - Prime location on Morgan St. in desirable Bridgeport, close to restaurants, shopping, and downtown.; - Each unit features 2 bedrooms plus an additional room suitable for an office, nursery, or library.
    (708) 361-0800
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    3233 S Morgan St Chicago, IL 60608
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    Chicago, IL 60608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3233 S Morgan St Chicago, IL 60608
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