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452 N Morgan Street

Chicago, IL 60642
  • $5,375,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 12481126
UPDATED: 46 min ago
$5,375,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 8
    1/2 BATHS
  • 21,170
    SQFT
  • $254
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1891
County:
Area:

School Ratings & Info

School District:
299

Description

Rare opportunity to own 100% fee-simple interest in a premier mixed-use building at the intersection of Fulton Market and River West. The property offers approximately 19,238 SF, including 8,991 SF of residential loft space across three levels with a private garage, elevator access, and a penthouse rooftop. The ground floor and part of the 2nd floor are leased to FCB Chicago, a global advertising agency (NYSE: IPG), providing a stable income stream with 5+ years remaining on a net lease. Upper levels are currently owner-occupied, offering flexibility as luxury residential, office, or additional rental space. Situated steps from CTA Blue, Green, and Pink lines, major employers, Randolph Street dining, and I-90/94, this property combines prime commercial stability with rare residential potential in one of Chicago's most dynamic neighborhoods.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2025-11-17T04:57:58.553 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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452 N Morgan Street Chicago, IL 60642

  • Price: $5,375,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 46 min ago
  • MLS #: 12481126
2
Beds
2
Baths
8
½ Baths
N/A
Acres
21,170
SQFT
$254
$/SQFT
1891
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
Property Description
Rare opportunity to own 100% fee-simple interest in a premier mixed-use building at the intersection of Fulton Market and River West. The property offers approximately 19,238 SF, including 8,991 SF of residential loft space across three levels with a private garage, elevator access, and a penthouse rooftop. The ground floor and part of the 2nd floor are leased to FCB Chicago, a global advertising agency (NYSE: IPG), providing a stable income stream with 5+ years remaining on a net lease. Upper levels are currently owner-occupied, offering flexibility as luxury residential, office, or additional rental space. Situated steps from CTA Blue, Green, and Pink lines, major employers, Randolph Street dining, and I-90/94, this property combines prime commercial stability with rare residential potential in one of Chicago's most dynamic neighborhoods.
Exterior Features

Is Parking Included In Price Yes Lot Size Oversized Chicago Lot Parking Features On SiteGarage OwnedAttachedGarage Parking Total 2 Types Other Waterfront YN No

Interior Features

Approximate Finished Sq Ft 0 Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 2 Cooling Central Air Dining Room Combined w/ LivRmKitchen/Dining Combo Heating Natural Gas Room Type KitchenWorkshopTerrace Rooms Kitchen- 2nd (Second) Work Room (Main) Terrace (Fourth) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) Bedroom 2 (Third) Bedroom 3 (N/A) Bedroom 4 (N/A) Dining Room (Third) Family Room (Second) Kitchen (Third) Laundry (Second) Living Room (Third) Master Bedroom (Third) Rooms Total 8 Total Sq Ft 0 Unfinished Sqft 0

Property Features

Accessibility Features Two or More Access Exits Age 100+ Years Association Fee 0 Association Fee Frequency Not Applicable Association Fee Includes None Built Before1978 YN Yes Corporate Limits Chicago Currently Leased Yes Disability Access And Or Equipped Yes General Information None Master Association Fee Frequency Not Required Master Association Fee YN No Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 1988 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 55161 Tax Year 2023 Township West Chicago Type Detached Single Water Source Lake MichiganPublic

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 312-242-1000.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2025-11-17T04:57:58.553 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822