CALLING ALL INVESTORS! This classic Chicago-style bungalow in Auburn Gresham is a fantastic investment opportunity, already generating rental income. The main level boasts three spacious bedrooms, a bright living room, a formal dining room with charming built-in futures, and a large eat-in kitchen. There is an enclosed back porch, filled with natural sunlight, that adds extra living space. The partially finished basement offers endless potential, featuring an additional bedroom, a full bath, and ample storage space. Plus, the expansive unfinished attic is ready for your custom finishing touches. Outside, you'll find a one-car garage, a side drive, and a fenced-in yard. There have been several updates to the home over the years. The mechanical systems are well-maintained, and the water heater was recently replaced in 2023. Don't miss out on this hidden gem that has been priced to sell! Property is being sold AS-IS.
Closed
$120,000
7542 S Morgan St, Chicago, IL 60620
4beds
1,309sqft
Single Family Residence
Built in 1925
3,781.01 Square Feet Lot
$244,000 Zestimate®
$92/sqft
$2,249 Estimated rent
Home value
$244,000
$212,000 - $271,000
$2,249/mo
Zestimate® history
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$706/mo
Est. payment
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$706/mo
Est. payment
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List your homeWhat's special
Partially finished basementAdditional bedroomFenced-in yardSpacious bedroomsSide driveEnclosed back porchLarge eat-in kitchen
Zillow last checked:
Listing updated:
Listing courtesy of:
Telly Rayford 708-609-7209,
HomeSmart Realty Group
Bought with:
Alberto Tapia
RE/MAX Mi Casa
Source: MRED as distributed by MLS GRID,MLS#: 12276622
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11X14
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9X12
Bedroom 4
- Level: Basement
- Area: 143 Square Feet
- Dimensions: 11X13
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12X16
Enclosed porch
- Features: Flooring (Carpet)
- Level: Main
- Area: 70 Square Feet
- Dimensions: 14X5
Family room
- Level: Basement
- Area: 736 Square Feet
- Dimensions: 23X32
Kitchen
- Features: Kitchen (Eating Area-Table Space)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10X11
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 280 Square Feet
- Dimensions: 14X20
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Hardwood
- Basement: Partially Finished,Full
- Attic: Unfinished
Interior area
- Total structure area: 0
- Total interior livable area: 1,309 sqft
Property
Parking
- Total spaces: 1
- Parking features: Brick Driveway, Side Driveway, On Site, Garage Owned, Detached, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 3,781 sqft
- Dimensions: 30 X 125
Details
- Parcel number: 20294030280000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2025 | Sold | $120,000-14.3%$92/sqft |
Source:  MRED as distributed by MLS GRID #12276622 Report a problem | ||
| 3/22/2025 | Pending sale | $140,000$107/sqft |
Source: MRED as distributed by MLS GRID #12276622 Report a problem | ||
| 2/13/2025 | Listed for sale | $140,000+75%$107/sqft |
Source: MRED as distributed by MLS GRID #12276622 Report a problem | ||
| 9/15/1999 | Sold | $80,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $10,000 -33.3% |
| 2023 | $2,465 +3.5% | $14,999 |
| 2022 | $2,382 +1.5% | $14,999 |
| 2021 | $2,346 +39.2% | $14,999 +40.6% |
| 2020 | $1,686 +1.1% | $10,670 -9% |
| 2019 | $1,667 +1.8% | $11,726 |
| 2018 | $1,638 -4% | $11,726 +3.8% |
| 2017 | $1,706 -3.2% | $11,299 |
| 2016 | $1,763 +10.9% | $11,299 |
| 2015 | $1,590 +0.9% | $11,299 +2.2% |
| 2014 | $1,575 +2.8% | $11,057 |
| 2013 | $1,533 -0.2% | $11,057 |
| 2012 | $1,536 -10.1% | $11,057 -12.1% |
| 2011 | $1,710 +15.5% | $12,572 |
| 2010 | $1,480 +14% | $12,572 |
| 2009 | $1,298 +2.8% | $12,572 -17.7% |
| 2008 | $1,263 +3.2% | $15,268 |
| 2007 | $1,224 +0.8% | $15,268 |
| 2006 | $1,214 -5.1% | $15,268 +43.9% |
| 2005 | $1,280 +1.9% | $10,608 |
| 2004 | $1,256 +4.5% | $10,608 |
| 2003 | $1,202 -5.4% | $10,608 +19.2% |
| 2002 | $1,271 +6.8% | $8,898 |
| 2001 | $1,190 +20.2% | $8,898 |
| 2000 | $990 +0.6% | $8,898 +24.4% |
| 1999 | $984 | $7,154 |
Find assessor info on the county website
Neighborhood: Gresham
Nearby schools
GreatSchools rating
- 4/10Stagg Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Hirsch Metropolitan High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$244,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$244,000
- Illinois
- Cook County
- Chicago
- 60620
- Gresham
- 7542 S Morgan St
Nearby cities
Nearby neighborhoods
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