7205 S Morgan St, Chicago, IL, 60621
About This Home
Investor Opportunity! Don't miss this chance to add a turnkey, income-producing property to your portfolio. This spacious 4-bedroom, 2-bathroom home is tenant-occupied, providing immediate rental income. The current tenant has an excellent rental history and has been a reliable occupant, making this an attractive opportunity for investors seeking a well-maintained investment property. The home offers generous living space and strong long-term investment potential in an area experiencing continued revitalization. Showings require 24 to 48 hours' notice to accommodate the tenant.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Materials
- Construction materials: Aluminum Siding,Brick
Notable Dates
- Major remodel year: 2022
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Finished,Full
Bedroom2
- Level: Second
- Area: 168
- Dimensions: 12X14
Bedroom3
- Level: Main
- Area: 120
- Dimensions: 12X10
Bedroom4
- Level: Basement
- Area: 280
- Dimensions: 20X14
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Level: Main
- Dimensions: COMBO
Family Room
- Features: Flooring (Tile)
- Level: Basement
- Area: 360
- Dimensions: 20X18
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,600
- Total interior livable area: 1,900 sqft
Kitchen
- Features: Flooring (Tile)
- Level: Main
- Area: 196
- Dimensions: 14X14
Laundry
- Features: Flooring (Tile)
- Level: Basement
- Area: 144
- Dimensions: 12X12
Living Room
- Level: Main
- Area: 364
- Dimensions: 26X14
Master Bedroom
- Features: Flooring (Luxury Vinyl)
- Level: Second
- Area: 196
- Dimensions: 14X14
Property
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 20292120030000
- Special condition: List Broker Must Accompany
Features
- Stories: 2
Lot
- Lot size: 3,125 sqft
- Lot size dimensions: 25x125
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,188 | $14,256 |
| Home Insurance * | $1,003 | $12,036 |
| Property Taxes | $338 | $4,056 |
| Electricity | $146 | $1,753 |
| Total | $2,675 | $32,100 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Price change | $230,000 |
| 2026-07-13 | Listed for sale | $235,000 |
| 2022-07-27 | Sold | $60,000 |
| 2010-10-22 | Sold | $9,125 |
| 2010-09-15 | Pending sale | $9,900 |
| 2010-08-25 | Price change | $9,900 |
| 2010-08-05 | Listed for sale | $10,900 |
| 2002-03-12 | Sold | $79,000 |
| 2001-09-04 | Sold | $17,500 |
| 2001-06-07 | Sold | $11,500 |
| 1997-04-30 | Sold | $28,000 |
View on Zillow