All-Brick 8-Unit Apartment
For Sale
Contact for pricing
Pending
3316 S Morgan Street, Chicago, IL 60608
Eight apartments offer a mix of one- and two-bedroom layouts with separate tenant-paid utilities and additional basement space.
Property SizeContact for details
Lot Size0.14 Acres
Days on Market142
Property Features for 3316 S Morgan Street
General Information
Standard status
Pending
Lot size
0.14 Acres
Property subtype
Special Purpose
Zoning
B1-2
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
5 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units
8
Additional Details
Gross Income
$61,200
Amenities
spacious backyard
Building Details
Construction
all-brick
Listing Agency:
Century 21 S.G.R., Inc.
(312) 730-8319
Listed By:
Qizhong Guan · License #IL
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 7:19AM
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 S.G.R., Inc.
Investment Insights
Based on property information with market context.
This all-brick apartment property contains 8 units on a 48-by-125-foot double lot. The unit mix includes five 2-bedroom, 1-bath apartments and three 1-bedroom, 1-bath apartments. Each unit has separate utilities, with tenants responsible for gas, heat, and electric service. A spacious backyard and unfinished basement add to the property’s physical features and available space.
Located at 3316 S Morgan Street in Chicago, the building is near the Art Center and gallery, pubs, coffee shops, restaurants, and public transportation served by Bus #31/#8. The property also offers access to I-55/90/94, downtown, IIT, UIC, the Lakefront, and Chinatown. B1-2 zoning applies to the site.
Located at 3316 S Morgan Street in Chicago, the building is near the Art Center and gallery, pubs, coffee shops, restaurants, and public transportation served by Bus #31/#8. The property also offers access to I-55/90/94, downtown, IIT, UIC, the Lakefront, and Chinatown. B1-2 zoning applies to the site.
Key Highlights
- 8‑unit all‑brick apartment building on a 48x125 double lot
- Unit mix: 5 units with 2 bed/1 bath and 3 units with 1 bed/1 bath
- Separate utilities; tenants pay for gas, heat, and electric
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,687
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight apartments offer a mix of one- and two-bedroom layouts with separate tenant-paid utilities and additional basement space.
Where is this apartment building located?
The property is located at 3316 S Morgan Street Chicago, IL.
What are key features of this property?
This property features: 8‑unit all‑brick apartment building on a 48x125 double lot; Unit mix: 5 units with 2 bed/1 bath and 3 units with 1 bed/1 bath; Separate utilities; tenants pay for gas, heat, and electric
