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3222-3224 S Morgan Street
Chicago IL 60608 US

$1,395,900

Active Listing ID 12532868
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Mixed Use

$1,395,900

Active Listing ID 12532868
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3222-3224 S Morgan Street Turnkey 9-unit mixed-use property in one of Chicago's strongest rental markets of Bridgeport!. Excellent unit mix: three (3) 2BD/1BA, four (4) 1BD/1BA, and two (2) retail storefronts. The 3222 storefront and 1R unit are currently combined and leased to one tenant, easily converted back to separate spaces if desired. Each unit separately metered for gas and electric. Heating includes a mix of furnaces and Williams heaters; commercial units and 2F have furnaces with A/C condensers. Major capital improvements include full gut rehab of Unit 2F with all new plumbing, electrical, and HVAC, storefront cosmetic updates (2024), two new furnaces (2024), new water heaters, copper plumbing in select areas, electrical upgrades, and new basement coin laundry (2 washers/2 dryers). Located just off I-55 & I-90/94, minutes from Downtown, and walking distance to Guaranteed Rate Field and public transit. Strong rental history, updated systems, and minimal deferred maintenance make this an ideal turnkey addition to any investment portfolio.**Investor Upside: Add a concrete parking pad in the rear (gate already in place) and generate additional parking income, install furnaces and A/C in remaining units, add a doorbell/buzzer system for convenience and security, and raise all rents to market levels-current rents are below market.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Mixed Use
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Mixed Use
  • listprice: 1395900
  • unparsedaddress: 3222-3224 S Morgan Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60608
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 6660
  • livingareaunits: Square Feet
  • listagentfullname: Ronald Ohr
  • listagentemail: RONOHR@AV1REALTY.COM
  • listagentkey: 3yd-MREDIL-132820
  • listagentmlsid: 132820
  • listagentpreferredphone: 3127199090
  • listagentofficephone: 7736224663
  • listofficekey: 3yd-MREDIL-16548
  • listagentstatelicense: 471020729
  • listofficemlsid: 16548
  • disclaimer: Copyright © 2025 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.
  • sourcesystemid: MREDIL
  • yearbuilt: 1891
  • listingcontractdate: 2025-12-15
  • listagenturl: http://avenueone.managebuilding.com/Resident/PublicPages/Home.aspx
  • countyorparish: Cook
  • parcelnumber: 17322110280000
  • cooling: Central Air
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Avenue One Realty Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"RONOHR@AV1REALTY.COM", "ListBrokerageCity":"Forest Park", "ListBrokerageCountry":"US", "ListBrokerageEmail":"frankchiappetta@av1realty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/107/266365/20140520191301377.png", "ListBrokerageName":"Avenue One Realty Group", "ListBrokeragePhone":"(773) 622-4663", "ListBrokeragePostalCode":"60130", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7415 Madison Street # F", "ListBrokerageWebsiteUrl":"http://avenueone.managebuilding.com/Resident/PublicPages/Home.aspx", "ListOfficeAddress1":"7652 Madison St.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"149453", "ListOfficeCity":"Forest Park", "ListOfficeCountry":"US", "ListOfficeEmail":"frankchiappetta@av1realty.com", "ListOfficePostalCode":"60130", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12532868/?channel=rexren", "MLSModificationTimestamp":"2025-12-15T12:27:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - Bridgeport"}], "PostalCode":null, "RawPropertySubType":"Mixed Use", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15613, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/15/2025 7:10:07 PM GMT
Source Updated Date: 12/16/2025 6:46:38 PM GMT

Courtesy of: Ronald Ohr, Avenue 1 Realty Group, RONOHR@AV1REALTY.COM

Copyright © 2025 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.