7756 S Morgan Street is a $100,000, 7,000 square foot home on a 0.21 acre lot located in Chicago, IL.
SELLER SAYS SELL!! ALL OFFERS CONSIDERED!! The building formally known as Gethsemane Garden Baptist Church Established 54 years ago, in what was at the time a 75 year old building Is for sale. The most recent church in this space was established 55 years ago, in December of 1997, there was a devastating fire, much of which was rebuilt by the church family. Viewing this building gives one the sense of history and the growth of a community that has stood the slings and arrows of community change with resilience. This building has antiquities that could be salvaged for additional revenue. This building is a tribute to Chicago's past in grand architectural tradition. Pros - Brick structure estimated sq footage 7000. 2 apartments (3000 sq ft). Room for childcare, food pantry, kitchen, public meeting spaces, garden space, antiquities that value 25K on open market at the low end. Eligible for city and federal grants to rebuild, could be repurposed as a school, loft building for housing. Could be raised and could house up to 24 units on this site. No tax liability as it is a 501C3 religious class Cons - Complete rehab required Electrical, replacement including technology, kitchen, HVAC security, plumbing, sewer systems, gray water handling systems, irrigation, Dry wall, framing, sump pumps Flooring, Windows, Carpentry - basic and restoration, Apartments 2 complete restoration Elevator installation. Showings before 5 PM Sunday showings preferred.
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