Chicago, IL 60643 (MLS # 12629484)
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Great investment opportunity in the desirable Morgan Park neighborhood! This frame raised ranch offers a solid, income-producing asset with immediate cash flow. The home features 2 bedrooms and 1 full bath and is currently leased to a long-term tenant, generating $1,400 per month in rental income. The property will be offered through an upcoming auction on Xome, making it an excellent opportunity for investors looking to acquire a performing asset. The current lease will be assigned to the new owner, ensuring a seamless transition and continued income from day one. Drive-by only-no interior showings permitted. Property is being sold occupied. Whether you're expanding your portfolio or entering the investment market, this is a great chance to secure a rental property in a well-established Chicago neighborhood.
Property Type(s):
Single Family
| Last Updated | 4/30/2026 | Year Built | 1916 |
|---|---|---|---|
| Community | CHI - Morgan Park | County | Cook |
Additional Details
| AIR | None |
|---|---|
| AREA | CHI - Morgan Park |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 0 |
| LOT DIMENSIONS | 25X125 |
| TAXES | 2215 |
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Listed with Compass
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.
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