1601 S Morgan Street Chicago, IL $ 1,350,000
1601 S Morgan Street
$ 1,350,000
Share Save

1601 S Morgan Street

Chicago, IL, 60608
$ 1,350,000
Bedrooms-- Baths-- Sq 6,867

Monthly Estimate*

$ 8,422

1601 S Morgan Street, Chicago, IL 60608 - Image 1
1601 S Morgan Street, Chicago, IL 60608 - Image 2
1601 S Morgan Street, Chicago, IL 60608 - Image 3
1601 S Morgan Street, Chicago, IL 60608 - Image 4
1601 S Morgan Street, Chicago, IL 60608 - Image 5
1601 S Morgan Street, Chicago, IL 60608 - Image 6
1601 S Morgan Street, Chicago, IL 60608 - Image 7
1601 S Morgan Street, Chicago, IL 60608 - Image 8
1601 S Morgan Street, Chicago, IL 60608 - Image 9
1601 S Morgan Street, Chicago, IL 60608 - Image 10
1601 S Morgan Street, Chicago, IL 60608 - Image 11
1601 S Morgan Street, Chicago, IL 60608 - Image 12
1601 S Morgan Street, Chicago, IL 60608 - Image 13
1601 S Morgan Street, Chicago, IL 60608 - Image 14

Commercial Property for sale in Chicago, IL

for $1,350,000. This 6,867 square foot building was built in 1874.

Discover a one-of-a-kind, free-standing building in the heart of Chicago's vibrant Pilsen neighborhood. Formerly a gallery, this expansive space offers soaring ceilings, an open layout, and a unique blend of character and functionality. With B2-2 zoning, it is ideal for a boutique, creative studio, showroom, retail, or office space. The first floor features a gallery-style entrance leading to a massive 2,500 SF open area, providing endless possibilities. The second floor includes a private office and a recently renovated full bathroom. Additionally, the attic is not your typical storage space-it boasts ample standing room and can serve various needs. The property also includes a fully equipped kitchen and three bathrooms, one with two stalls, ensuring convenience for staff and visitors. Parking is a rare luxury in the city, and this property has three outdoor spaces and two garage spaces, currently used for storage. Whether you're looking to establish a creative hub, retail concept, or office space, this stunning property offers unmatched flexibility in a thriving community. Don't miss this rare opportunity-schedule a tour today! The whole building is rented thru 7/31/2026.

See more

Commercial Contingent

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 8,444

Style

Commercial,Medical/Dental

Year Built

1874

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12492018

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1874
Electric Circuit Breakers
Stories Count 3
Township South Chicago
Tax Year 2023
Current Use Commercial Medical/Dental
Gross Income 8000
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 76000
Operating Expense 8444
Insurance Expense 11556
Property Type Commercial Sale Retail/Stores
Contingency Attorney/Inspection
Status Contingent
Directions located on 16th Street and Morgan
City Chicago
Number Of Units Total 1
MLS Area CHI - Lower West Side
Lot Size Square Feet 0
Tax Annual Amount 8444.73
Additional Parcels Y/N Y
Leasable Area 0
Standard Status Active Under Contract
See more
Exterior
Building Area Total 6867
See more
* Excluded Features
List By
Re/Max Premier

Broker

krystalcorley90@gmail.com

Email

Affordability Calculator

$9,126
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
$704
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2025$1,350,000 Listed Price

Map


See all

1601 S Morgan Street, Chicago, IL, 60608 is a Commercial Property for sale at $1,350,000 with 6,867 sqft. 1601 S Morgan Street was built in 1874. The property's zip code is 60608 which is in Chicago, IL