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Mixed-Use Ground-Floor Retail Building
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3122 S Morgan St, Chicago, IL 60608

New construction with raw ground-floor retail space and two residential units above, zoned B1-2.

Property Size1,500 SF
Price / SF$853.33
Days on Market148

Property Features for 3122 S Morgan St

General Information

Standard status Active
Size 1,500 SF
Total Parking Spaces 1
Property subtype Mixed Use
Zoning C2-1

Additional Details

Multifamily Units 2

Building Details

Year Built 2026
Buildings 1
Stories 3
Listing Agency: Century 21 Realty Associate
Listed By: Ivan Man · License #475145659
Source: Crexi
Added: Apr 2 Changed: Aug 26 Last Checked: Aug 26 at 1:26PM

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 Realty Associate

Investment Insights

Based on property information with market context.

New construction at 3122 S Morgan St includes a ground-floor commercial space in vanilla/raw condition, ready for build-out, along with two residential units above. The design includes large windows intended to provide abundant natural light, and the property offers one on-site parking space.

The building is located in Chicago’s Bridgeport neighborhood, positioned near the 31st St & Morgan corridor. It sits within a dense residential and commercial area.

Zoned B1-2, the space is described as suitable for retail, medical, and office uses. The property may be purchased as a whole building or by individual units.

Key Highlights

  • Approx. 1,500 SF ground‑floor commercial space in vanilla/raw condition, ready for build‑out
  • New construction with 2026 build year
  • B1‑2 zoning suitable for retail, medical, and office uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,564
Businesses Nearby

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

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New construction with raw ground-floor retail space and two residential units above, zoned B1-2.
Where is this retail space located?
The property is located at 3122 S Morgan St Chicago, IL.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Approx. 1,500 SF ground‑floor commercial space in vanilla/raw condition, ready for build‑out; New construction with 2026 build year; B1‑2 zoning suitable for retail, medical, and office uses
(312) 428-9123 Call to check price and availability
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