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.
Englewood, located between Washington Park and West Englewood, is a historic and residential Chicago neighborhood with a grid of classic brick two-flats and broad commercial corridors. The neighborhood’s energy concentrates along West 63rd Street near South Halsted Street, where storefront blocks, murals, and corner shops set a street-level rhythm. Hamilton Park’s fieldhouse and greenspace give the area a strong civic anchor. Kennedy-King College adds a campus presence and steady daytime motion along 63rd. The Englewood Square development frames a modern retail-and-services node beside the college. Side streets mix worker cottages, greystones, and tidy bungalows, creating a grounded, architectural patchwork.
Provided by Walk Score and Local Logic
Offer insights
7205 S Morgan St · $230,000
$230K and above
75% chance or better to win
Why $230K+ is a strong offer
DAYS ON MARKET
108 days
The average home goes pending in 53 days.
SALE-TO-LIST
100.2%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
8 total rooms
Finished full basement
Bedrooms
4 bedrooms
Master bedroom on the second floor (14 x 14) with luxury vinyl flooring
Bedroom on second floor (12 x 14)
Main-level bedroom (12 x 10)
Walkout basement bedroom (20 x 14)
Bathrooms
2 full bathrooms
1 half bathroom
Basement bathroom(s) present
Kitchen
Kitchen on main level (14 x 14) with tile flooring
Laundry & utility
Laundry room in basement (12 x 12) with tile flooring
Flooring
Tile flooring in kitchen, family room and basement laundry
Luxury vinyl in master bedroom
Heating & cooling
Natural gas heating
Window air conditioning units
Exterior features
25 x 125 lot dimensions
Lot less than 0.25 acre
Walkout basement
Home design
Detached single-family home
Two-story layout
Fee simple ownership
Rehab completed in 2022
Built approximately 41–50 years ago
Property currently leased
Parking
Parking details not provided
Security
No specific security features listed
Construction
Aluminum siding and brick exterior
Utilities
Public water
Public sewer
HOA & community
No master association fees required
Financial info
Property is currently leased
Other
Living area reported as estimated
Electricity and solar
View estimated energy costs and solar savings for this home
REDUCED PRICE!!!!GREAT INVESTMENT OPPORTUNITY! HOUSE WAS RECENTLY REMODELED WITH CERAMIC TILE THROUGHOUT, THEN STRIPPED! ROLL UP YOUR SLEEVES AND MAKE OF THIS VERY AFFORDABLE PROPERTY YOUR BEST INVESTMENT OF THE YEAR! SELLING ON AS-IS CONDITION. SELLER DOES NOT PROVIDE PLAT OF SURVEY, TAXES SHOULD BE PRORATED AT 100%. A MUST BUY!
Public Records
Mar 12, 2002
Sold
$79,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$738 (+2.6%)
$938 + $2,963
$3,901
2022
$719 (+2.3%)
$1,956 + $1,542
$3,498
2021
$703 (−48.3%)
$1,956 + $1,542
$3,498
2020
$1,360 (−0.2%)
$2,343 + $3,764
$6,107
2019
$1,363 (+1.7%)
$2,343 + $4,443
$6,786
2018
$1,340 (−23.5%)
$2,343 + $4,443
$6,786
2017
$1,752 (+7.5%)
$2,031 + $6,106
$8,137
2016
$1,630 (+9.3%)
$2,031 + $6,106
$8,137
2015
$1,491 (+8.8%)
$2,031 + $6,106
$8,137
2014
$1,371 (+2.0%)
$1,875 + $5,516
$7,391
2013
$1,344 (+1.3%)
$1,875 + $5,516
$7,391
2012
$1,326 (−19.3%)
$1,875 + $5,516
$7,391
2011
$1,643 (−0.4%)
$2,343 + $7,795
$10,138
2010
$1,650 (+4.4%)
$2,343 + $7,795
$10,138
2009
$1,581 (−9.4%)
$2,343 + $7,795
$10,138
2008
$1,746 (+1.0%)
$2,374 + $9,795
$12,169
2007
$1,728
$2,374 + $9,795
$12,169
Public record
Public record
Zoning
Beds
4
Baths
1.5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
3,125 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,002
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,002
Year built
1903
Style
Single Family Residential
County
Cook County
APN
20292120030000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60621
Average low and high temperatures (°F)
30
18
39
25
54
36
61
44
67
52
80
65
85
71
81
67
78
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
73/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7205 S Morgan St
$231,741
$1,741 over list price of $230K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $120K to $292K.