3431 Morgan Street, Steger, IL 60475

Building Details

Year Built

1962

Listing agent Valerie Witt License #IL 475144724

Listing office Keller Williams Preferred Realty

Listing date Jun 5, 2026

Source Crexi

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Overview

This ranch-style duplex features two separate residential units, each with 3 bedrooms and 1 bathroom and identical floor plans. Unit 1 was updated in 2024 with new flooring and is currently occupied, with rent collected monthly. Unit 2 is vacant and has been refreshed with new flooring, fresh paint, and some new cabinets. Both units share a consistent layout, making it straightforward for property management and tenant turnover.

Additional major updates were completed in 2022, including the roof, water heaters, new plumbing, and air conditioners. Tenants are responsible for all utilities, which can simplify operating expenses for the owner.

For buyers seeking a multifamily setup, this property provides a duplex configuration with one unit ready for immediate occupancy and the other positioned for a new tenant following the recent refresh. The combination of consistent unit layouts and the documented improvements across both units may appeal to owner-operators and investors looking for a manageable two-door income property.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

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

Location Insight

• Map
• Local Demand

City

Steger

County

Cook

State

Illinois

Longitude

-87.64344

Latitude

41.46862

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FAQs

What type of property is this?

Duplex - Two identical ranch units each offer 3 bedrooms and 1 bath, with upgrades and tenant-paid utilities.

Where is this duplex located?

The property is located at 3431 Morgan Street Steger, IL.

What are key features of this property?

This property features: Ranch duplex built in 1962 with 2 identical units, each offering 3 bedrooms and 1 bath; Unit 1 updated in 2024 with new flooring; currently occupied at $1,450/month rent; Unit 2 is vacant with all new flooring, fresh paint, and some new cabinets