Retail Space
3316 South Morgan Street Chicago, IL 60608
Details & Description
Price: $789,999
    Well-maintained, all-brick 8-unit suite on a 48x125 double lot on the desirable Morgan St. Zoned B1-2. 5 units are 2 bed/1 bath, & 3 units are 1 bed/1 bath. Separate utilities. Tenants pay for gas, heat, & electric. Spacious backyard. Unfinished basement is open to your ideas. Below-market rents. Current rents are $61,200. Value-added opportunity. Close to Art Center & gallery, pubs, coffee shops, restaurants, & public transportation Bus #31/8. Easy access to I-55/90/94, downtown, IIT, UIC, Lakefront, & Chinatown.
    Listing Agents
    Qizhong Guan
    Century 21 Commercial
    O: 312-326-2121
    M: 312-730-8319
    qguan917@hotmail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3316 South Morgan Street

    Chicago, IL 60608

    Listing ID: 276048
    • 3316 South Morgan Street Chicago, IL 60608 | for Sale | Photo 1
    • 3316 South Morgan Street Chicago, IL 60608 | for Sale | Photo 2
    • 3316 South Morgan Street Chicago, IL 60608 | for Sale | Photo 3
    3316 South Morgan Street | for Sale | Thumbnail 1
    3316 South Morgan Street | for Sale | Thumbnail 2
    3316 South Morgan Street | for Sale | Thumbnail 3
    Building Size: 2,000 SF
    Lot Size: 0.200 AC
    Land Size: 8,712 SF
    Building $/SF: $395.00
    Land $/SF: $90.68
    Price
    $789,999
    Description

    Well-maintained, all-brick 8-unit suite on a 48x125 double lot on the desirable Morgan St. Zoned B1-2. 5 units are 2 bed/1 bath, & 3 units are 1 bed/1 bath. Separate utilities. Tenants pay for gas, heat, & electric. Spacious backyard. Unfinished basement is open to your ideas. Below-market rents. Current rents are $61,200. Value-added opportunity. Close to Art Center & gallery, pubs, coffee shops, restaurants, & public transportation Bus #31/8. Easy access to I-55/90/94, downtown, IIT, UIC, Lakefront, & Chinatown.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Retail Space for Sale

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    Chicago Area Market Trends

    Listing Demographics for 3316 South Morgan Street Chicago, IL 60608

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population40,960333,447918,524
    Population Median Age393636
    Population by Age0-9 Yrs4232 (10%)38786 (11%)104222 (11%)
    10-19 Yrs4306 (10%)39758 (11%)103087 (11%)
    20-29 Yrs6878 (16%)66276 (19%)189469 (20%)
    30-39 Yrs6398 (15%)55497 (16%)163615 (17%)
    40-49 Yrs5631 (13%)41154 (12%)108219 (11%)
    50-59 Yrs5173 (12%)36894 (11%)96552 (10%)
    60-69 Yrs4762 (11%)29946 (8%)84048 (9%)
    70+ Yrs3580 (8%)25135 (7%)69313 (7%)
    Median HH Income$52,180$47,599$57,435
    Total Household Income< 24K3873 (25%)38291 (30%)104655 (27%)
    25-49K3554 (23%)27106 (21%)70088 (18%)
    50-74K2596 (16%)18558 (14%)52429 (13%)
    75-99K1648 (10%)13047 (10%)38210 (9%)
    100-199K2886 (18%)21770 (17%)76752 (20%)
    200K+819 (5%)8153 (6%)40673 (10%)
    Highest Education LevelNo Diploma590948180105781
    Diploma or GED779255507135901
    Some College49133352489876
    Assoc. Degree15541119528159
    Bachelors Degree622742617142904
    Higher Degree343934235129995
    Total Housing Units16,508143,354447,623
    --Owner-Occupied7,19946,828139,808
    --Renter-Occupied8,17780,097242,999
    Owner-Occupied Values< 100K335414812787
    100-199K10241040634572
    200-299K20291245228242
    300-399K1743879119688
    400-499K1016487414161
    500K+1053615830358
    Total Working Age Population33,882272,099757,720
    In Work Force22,585171,097495,195
    Not In Work Force11,297101,002262,525
    Workforce Employed20,964155,178450,910
    Workforce Unemployed1,62115,70143,764
    Civlian Workforce22,585170,879494,674
    Military Workforce0217521
    Total Households15,377126,925382,807
    Family Households9,25767,372184,411
    Non-Family Households6,11959,553198,396
    Married Couple6,41239,429110,517
    Other Family2,84627,94373,894
    Married w/Child2,95016,23441,638
    Single Male w/Child2362,6286,855
    Single Female w/Child84211,01728,480

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3316 South Morgan Street in Chicago?
    The asking price for 3316 South Morgan Street is $789,999
    What is the building size of this Retail property in Chicago, IL?
    The size of the building/unit at 3316 South Morgan Street in Chicago is 2,000 square feet
    How much land does the Chicago, IL property at 3316 South Morgan Street include?
    3316 South Morgan Street in Chicago includes 0.200 acres of land
    What kind of Retail is the propery at 3316 South Morgan Street?
    The property at 3316 South Morgan Street Chicago, IL 60608 is listed as a Other Retail Retail property
    What is the population within 1 mile of 3316 South Morgan Street in Chicago?
    The population within 1 mile of 3316 South Morgan Street Chicago, IL 60608 is 40,960 people.
    Who do I contact for questions about 3316 South Morgan Street?
    You should contact the listing agent, Qizhong Guan, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 6
    Chicago O'Hare International Airport (ORD) 16
    South Bend Regional Airport (SBN) 69
    Price
    $789,999
    Listing Agent
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