7947 S Morgan Street Chicago, IL ^$ 495,000

7947 S Morgan Street

^$ 495,000

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7947 S Morgan Street

Chicago, IL, 60620

^$ 495,000

Bedrooms8 Baths5.0 Sq 2,876

Monthly Estimate*

^$ 3,419

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Multi-Family Home for sale in Chicago, IL

for $495,000 with 8 bedrooms and 5 full baths. This 2,876 square foot home was built in 1916.

Beautifully renovated building at 7947 S Morgan St featuring spacious open-concept layouts and extensive updates throughout. Each of the two above-grade apartments offers 3 bedrooms and 2 full bathrooms, with kitchens opening directly to the living areas. The finished basement features an additional living space with 2 bedrooms and 1 full bathroom. Renovations include brand-new kitchens and appliances, along with new air conditioning, furnaces, and water heaters. An excellent opportunity for an owner-occupant or investor seeking a refreshed property with flexible living arrangements.

Multi-Family Contingent

Price

^$ 495,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,751

Style

Year Built

1916

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12782151

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Zoning MULTI

Garage Spaces 2

Construction Materials Brick

Year Built 1916

Township Lake

Tax Year 2025

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 11

Status Contingent

Directions From Halsted St head west on 79th St then turn left onto Morgan St. Continue south to 7947 S Morgan St; property is on the left.

High School Hirsch Metropolitan High School

City Chicago

High School District 299

MLS Area CHI - Auburn Gresham

Elementary School Oglesby Elementary School

Tax Annual Amount 3751.37

Middle/Junior High School Oglesby Elementary School

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Finished Full

Total Bedrooms 8

Total Baths 5

Bedrooms Possible 8

Full Baths Building 5

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Lake Michigan

Total Parking 2

Lot Dimensions 4092

Waterfront Y/N N

Other Equipment Multiple Water Heaters Water Heater-Gas

* Excluded Features

List By

Homesmart Connect Llc

Broker

david@sengun.realtor

Affordability Calculator

$3,731

Per Month

Monthly Principal & Interest: $3,419
Monthly Property Taxes: $313
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$639,035

Percent of Sale Price 29%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5105824 Elementary School

5105824 Middle School

Hirsch Metropolitan High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/9/2026	$495,000		Listed Price

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7947 S Morgan Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $495,000 with 2,876 sqft. 7947 S Morgan Street has 8 bedrooms, 5.0 baths, and was built in 1916. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 10/13/2026.

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7947 S Morgan Street

Multi-Family Home for sale in Chicago, IL

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