11 months on rocket

3220 S Morgan St, Chicago, IL, 60616

$140,000

0.06 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #11773242
Lot Size0.06 Acres
StatusActive

About 3220 S Morgan St

Prime Location Alert!! This vacant lot in the vibrant heart of Bridgeport is an absolute gem! It is zoned B1-2 and offers immense potential for a mix of commercial storefronts and residential apartments (please don't forget to verify the zoning details with the city of Chicago). You'll be thrilled to know that the City of Chicago executed an impressive 3.5 million street-scaping project on Morgan Street between 31st Street and 35th Street back in 2017, enhancing the area's charm and aesthetics. And that's not all! Sports enthusiasts will rejoice as the renowned Chicago White Sox Guaranteed Rate Field is merely a quick 5-minute drive away. This outstanding location also boasts close proximity to Chinatown, downtown, and major highways, making it a truly convenient and desirable spot. Don't miss out on this extraordinary opportunity to establish your dreams in the heart of Bridgeport!

Property Details

Property Features

Listing Office:

  • Office Name: Mango Realty Group
  • Office Phone: (773) 886-0660
  • Listing Agent: Man Ching Ng

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

School Info

Assigned Schools Information:

  • Armour Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: W 31st St to S Morgan to W 32nd St

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000

Tax Information:

  • Annual Amount: $1,075
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

3220 S Morgan St vs Chicago

353 DAYS ON ROCKET

+313 Days

$140,000

-$206.4K Less

KEY TAKEAWAY

This property is $206.4K less than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11773242

Listing Office:

  • Office Name: Mango Realty Group
  • Office Phone: (773) 886-0660
  • Listing Agent: Man Ching Ng

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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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 the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2024, 7:15:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 06, 2019Home Sold
$115,000
Jan 08, 2003Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2019$1,075$5,350
2018$1,056$5,350
2017$863$4,012

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-702355
7
/10
  • Armour Elementary School

  • 950 W 33rd Pl

  • 0.13 miles

  • Public District Grades KG-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,639. The majority of Chicago, IL residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Bridgeport, Chicago

What type of housing is available in Bridgeport, Chicago?

In Bridgeport, about one third of dwellings are small apartment buildings, while duplexes and single detached homes are also present in the housing stock. This area is primarily composed of three bedroom and two bedroom homes. The proportions of renters and homeowners are about even. The homes in this neighborhood are very old, because the majority of its dwellings were constructed pre-1960, while most of the remaining buildings were built in the 2000s.

Is Bridgeport, Chicago a good place to live?

Despite the somewhat busy feel, there are a lot of green spaces to enjoy in Bridgeport. A large number of locations within the neighborhood have reasonably good access to parks, like Palmisano Park, since there are a few of them close by for residents to check out. Finally, quiet spots can be found throughout many parts of Bridgeport, although that is not the case near Interstate 55, Dan Ryan Expressway or one of the railway lines.

Are things conveniently located in Bridgeport, Chicago?

In Bridgeport, residents will generally be able to reach primary schools by walking. In contrast, Bridgeport does not contain any high schools. Locals have the choice between public and private elementary schools. With regards to food, a general and a specialty grocery store is always only a very short walk away in Bridgeport. Furthermore, those who are fond of dining in restaurants or cafes will have a fair number of opportunities in Bridgeport. It is also a rather short distance to a good selection of clothing stores.

What does the transportation in Bridgeport, Chicago look like?

Bridgeport will draw property owners that value different methods of transportation. Bridgeport is transit friendly. More precisely, there is Halsted Station on the Orange Line. The neighborhood is connected by a few bus lines, and the closest bus stop is usually very close. Cars are also a good means of transportation in Bridgeport. Many real estate listings are a short car ride from the nearest highway, such as Adlai Stevenson Expressway. It is very easy for pedestrians to get around in this neighborhood; all daily errands can be run on foot, and there are also a good number of businesses in proximity.

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Frequently Asked Questions About 3220 S Morgan St

What is the listing price of this property?

The listing price of 3220 S Morgan St property is $140,000.

What type of property is this?

The property 3220 S Morgan St is land located in Chicago, Illinois, 60616.

Is this property for sale now?

Active Listing: 3220 S Morgan St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3220 S Morgan St are:
Armour Elementary School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,075 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 6, 2019 for $115,000. (source: MLS/tax record).

How much acreage is this property?

The property 3220 S Morgan St is 0.06 acres.
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Rocket HomesIllinoisCook CountyChicago606163220 S Morgan St

This home is located at 3220 S Morgan St in Chicago, IL and zip code 60616 in the Bridgeport neighborhood. This home sits on a 0.06 acre lot. It has been listed on Rocket Homes since May 02, 2023 and is currently priced at $140,000.

In March 2024, from all listings sold in Chicago, IL there were more than 612 sold above asking price, over 916 sold below and more than 317 were sold right at the asked price. The number of homes for sale in Chicago, IL increased by 21.5% between February 2024 and March 2024. Listings spent 40 days on the market in March 2024, and had a median list price of $346,470 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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