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7100 Morgan St
Chicago, IL 60621
Retail Property For Sale

Executive Summary

ATTENTION INVESTORS, ENTREPRENEURS & VISIONARIES! Bring your ideas and unlock the potential of 7100 S Morgan Street. This value-add commercial property is currently divided into three separate retail/commercial spaces, creating an exciting opportunity for an investor or owner-user looking to build equity and create future cash flow. The property needs substantial renovation and improvement, but important work has already been started. Recent upgrades include a newly installed structural beam, tuckpointing, and additional improvements, giving the next owner a head start on bringing their vision to life. The existing three-space configuration provides tremendous flexibility. Renovate and lease the individual spaces for multiple potential income streams, occupy one while leasing the others, or explore a larger redevelopment concept. This is the type of property where the right improvements can make the difference. Whether your vision includes neighborhood retail, service-based businesses, office space, studios, the flexibility of three individual spaces opens the door to numerous possibilities. Three spaces. Multiple potential income streams. One value-add opportunity. Bring your contractor, your ideas, and your vision to see the possibilities this property has to offer!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,450 SF
Building Class
C
Year Built
1914
Price
$199,900
Price Per SF
$57.94
Tenancy
Single
Building Height
1 Story
Building FAR
0.55
Lot Size
0.14 AC
Zoning
B1-1 - Neighborhood Shopping District
Frontage
65’ on S Morgan St

Amenities

  • Corner Lot
  • Signage

Property Taxes

Property Taxes

Parcel Number
20-29-203-020-0000
Land Assessment
$938
Improvements Assessment
$3,363
Total Assessment
$4,301
  • Listing ID: 41855297

  • Date on Market: 8/23/2026

  • Last Updated:

  • Address: 7100 Morgan St, Chicago, IL 60621

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