View All Morgan Park Chicago IL Multi-Family Homes Listings

$499,000
7 Beds 3 Baths 12695582 MLS ACTIVE Status
Presenting a rare and one of kind architecturally designed French brick 2 unit residential building. Gut-renovated in 2000 (and updated between 2012-2014), this well-maintained 2-flat is ready for a new owner! Currently configured with a large (+/- 1,600 sf) 3/1 + den first floor simplex and a massive (+/- 2,700 sf) 4/2 + den duplex up. Both apartments feature hardwood floors, wood burning fireplaces and designer tilework throughout. Unit 2 has a dishwasher, stainless appliances and a 200 sf deck. The unfinished basement features 9 foot ceilings and a host of possibilities! This beautiful property presents an excellent opportunity for a live-in owner to reap the benefits of extra-large living while collecting healthy rent to help defray their cost of ownership. Alternatively, an astute investor may view this property as an excellent long or short-term rental opportunity given its favorable location near all that the Morgan Park & Beverley areas have to offer! Recent improvements include new hot water heaters in 2023 & 2024 and brand-new, complete 39K tear-off roofs (on the home and 2.5 car garage), including 6 skylights. Going somewhere? The CTA's #111 111th Street bus is practically at your front door, Metra's 111th Street station is literally across the street and when you need to get out of Dodge, I-57 & 94 are a short 2-minute drive! Area attractions include: The Beverly commercial corridor, the Beverly Arts Center and Prospect Park.

11127 S Homewood Avenue, Chicago

$288,000
6 Beds 3 Baths 12392204 MLS CLOSED Status
QUIET. EXTRAORDINARY. READY. Smart Buy in Morgan Park! Welcome to this well-maintained, fully-occupied 2-flat in the heart of the neighborhood, perfect for first-time multifamily buyers or experienced investors looking to build long-term wealth. Price reduced from $275k to $269k, a substantial cost savings for the right buyer! This property sits on 3 full city lots (that's the extraordinary part) - offering rare outdoor space, expansion potential , or added privacy. The first floor unit features 3 bedrooms and 2 bathrooms (one in the master suite), and offers a comfortable layout with great natural light and solid rental appeal - it is duplexed-down, so potentially there is space for an additional bedroom or an office space in the basement. THe second floor unit is a three bedroom/1 bath unit with a large deck, perfect for enjoying spring, summer and fall days and evenings. You'll also find two car garages on the property - one 2-car garage and one 1-car garage - providing ample parking or additional storage/income opportunities. Laundry room on-site. The classic Chicago brick & frame exterior adds timeless curb appeal, while updated mechanicals and stable tenants make this a true turnkey opportunity. Located on a quiet, tree-lined street near parks, schools, shopping and Metra, CTA and I-57 expressway access, this property offers long-term stability in one of Chicago's most sought-after South Side communities. Having a 2-flat in this location provides both convenience and community charm. Whether you're house-hacking or investing, this one checks all the boxes! Act fast - opportunities like this in Morgan Park don't last long! AS IS, WHERE IS.

1721 W Steuben Street, Chicago

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Morgan Park, Chicago IL · Curated MLS Search

Multi-Family Homes in Morgan Park, Chicago IL

An editorially curated view of every active multi-family homes listing in Morgan Park, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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