Mixed-Use Live-Work
For Sale
Contact for pricing
Pending
3142 South Morgan Street, Chicago, IL 60608
Mixed-use building with a ground-floor sandwich shop and two residential units above, plus two two-car garages.
Property Size3,200 SF
Days on Market120
Property Features for 3142 South Morgan Street
General Information
Standard status
Pending
Size
3,200 SF
Total Parking Spaces
4
Property subtype
Special Purpose
Zoning
B1-2
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
CENTURY 21 Affiliated Oak Lawn
(773) 315-5101
Listed By:
Bill Erdman · License #IL
Source:
Crexi
Added: Apr 12
Changed: Jul 20
Last Checked: Aug 9 at 12:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Affiliated Oak Lawn
Investment Insights
Based on property information with market context.
This mixed-use property offers a legal two-unit configuration with retail and residential components. The main floor features an approximately 1,600-square-foot store currently operating as a sandwich shop/deli. The second floor includes a large vintage 3-bedroom apartment with hardwood floors, plus an updated kitchen and bath. An additional studio apartment is located in the finished attic with skylights. The building has newer replacement windows, separate heat and electric, and each floor includes forced-air heat with central air.
Zoned B1-2, the building includes a lot to the south under a separate PIN. Two separate two-car garages are located behind the building, with Lot-4 spaces available.
The property provides independent building systems for each level, supporting flexible live-work or income use while keeping the retail and residential spaces clearly separated.
Zoned B1-2, the building includes a lot to the south under a separate PIN. Two separate two-car garages are located behind the building, with Lot-4 spaces available.
The property provides independent building systems for each level, supporting flexible live-work or income use while keeping the retail and residential spaces clearly separated.
Key Highlights
- Mixed‑use building with a 1,600 SF ground‑floor sandwich shop/deli and residential units above
- Legal two‑unit setup: 3‑bedroom apartment on the second floor plus a studio apartment in the finished attic with skylights
- Second‑floor apartment features hardwood floors and updated bath and kitchen
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,564
Businesses Nearby
Explore this area
Business Placement
Demographics for 60608, IL
75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Mixed-use building with a ground-floor sandwich shop and two residential units above, plus two two-car garages.
Where is this live-work space located?
The property is located at 3142 South Morgan Street Chicago, IL.
What are key features of this property?
This property features: Mixed‑use building with a 1,600 SF ground‑floor sandwich shop/deli and residential units above; Legal two‑unit setup: 3‑bedroom apartment on the second floor plus a studio apartment in the finished attic with skylights; Second‑floor apartment features hardwood floors and updated bath and kitchen
