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$ 560,000
Est. payment /mo
New
7641 S Phillips AVE Chicago, IL 60649
9 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12627060
Bedrooms 9
Year Built 1925
Annual Tax Amount $3,600
Tax Year 2023
Lot Dimensions 3720
Property Sub-Type Two to Four Units
Property Description
This condo-like gated 3-unit brick building in desirable South Shore is perfect for the right homebuyer or investor. All 3 spacious apartments consist of 3 large bedrooms, a formal dining room and beautifully restored hardwood floors. Some of the many upgrades and updates include separate heating systems and water heaters, a new roof on both the apartment building and garage, a rebuilt back porch, new copper and waste plumbing lines and updated electrical. In addition, the updated kitchens include quartz countertops and all new stainless steel appliances. All bathrooms have been updated with new fixtures and tiles. They're also equipped with jetted tubs for soothing those sore muscles. Throughout the units, there's new flooring as well as some new windows. In other words, the repair and maintenance issues have been addressed. For additional income, the laundry hook-up is located in the basement, and there's 1 garage space/unit. For the savvy buyer with vision, the basement serves as a great value add in terms of more rental income. Conveniently located close to Rainbow Beach, the Obama Library, Hyde Park, public transportation. Places of worship, schools, restaurants, shopping are nearby. Schedule your appointment today!
Location
State IL
County Cook
Area Chi - South Shore
Rooms
Basement Partially Finished, Full
Interior
Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
Fireplace N
Exterior
Garage Spaces 3.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jaiva Birch of Century 21 IMPACT