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Ranch Duplex Income Property

3431 Morgan Street Steger, IL 60475

Claim this Listing
For Sale
Under Contract
$230,000

MULTI_FAMILY - Steger, IL

Lot size:
0.30 Acres
Added:
Jun 5, 2026
Days on Market:
38
Last Refresh:
Jul 12 at 2:06 am

Property Features for 3431 Morgan Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 6, Bedroom 2, Bathroom 1, Laundry Room, Utility Room, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 1
Parking
2
Parking features
Driveway, Owned
Standard status
Active Under Contract
APN
2315051050200000
Lot size
0.30 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
5286

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Water source
Well

Building Details

Year built
1962
Building materials
Vinyl Siding
Roof type
Asphalt

Listing agent Valerie Witt

Listing office Keller Williams Preferred Rlty 16101 108th Avenue, Orland Park, IL

Listing date Jun 5, 2026

MLS# 12670036 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This ranch duplex features two separate, identical floor plans, with each unit offering three bedrooms and one bathroom. Unit 1 was updated in 2024 with new flooring and is currently occupied. Unit 2 is vacant and has had new flooring installed, fresh paint, and some new cabinets.

Additional property improvements include updates completed in 2022 to the roof, water heaters, plumbing, and air conditioners. Tenants are responsible for all utilities, which can simplify monthly operating considerations.

The property is located at 3431 Morgan Street in Steger, Illinois (Will County).

Key Highlights

  • Ranch duplex‑style 2‑unit property built in 1962 with identical unit floor plans
  • Each unit offers 3 bedrooms and 1 bathroom
  • Unit 1 updated in 2024 with new flooring; occupied with rent of $1,450/month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Garden Center Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Bakery (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Duplex - Two ranch-style units, each with three bedrooms and one bath, with Unit 1 updated in 2024.
Where is this duplex located?
The property is located at 3431 Morgan Street Steger, IL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Ranch duplex‑style 2‑unit property built in 1962 with identical unit floor plans; Each unit offers 3 bedrooms and 1 bathroom; Unit 1 updated in 2024 with new flooring; occupied with rent of $1,450/month
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