Property profile

5302 Morgan St Chicago, IL 60609

OFF-MARKET
Land
Property ID
US28-5078483
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Property summary

AI-generated overview

This exceptional 3,125 sq ft residential lot, located at 5302 S Morgan St in Chicago, IL (zip code 60609), presents a unique investment opportunity. Situated in Cook County and zoned RS-3, this vacant land is perfect for those seeking to build their dream home. The property, identified by APN 20-08-418-025-0000, offers a low asking price of $15,000, making it an attractive option for budget-conscious buyers. The land is free and clear, with no liens, simplifying the purchasing process and offering flexibility in closing costs. This represents a low down payment opportunity in a desirable Chicago location. The property's ownership is described as "Lake," though further clarification may be needed. Buyers should conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. Coordinates are 41.79780525309376 latitude and -87.65000481742149 longitude. This is a rare chance to acquire a piece of Chicago real estate at an exceptional price.

Property profile

Verified
Property type Land
UPID US28-5078483

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5302 Morgan St Chicago, IL 60609
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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