7751 Phillips Avenue, South Shore, Chicago, Illinois 60649
$420,000
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1923 |
| Property Taxes: | $3,388 |
| Days On Market: | 24 |
| Lot Size: | 0,00 |
Description
Well-maintained multi-unit property located on a residential block on Chicago's South Shore neighborhood. The building features multiple income-producing units with functional layouts and separate living spaces. Utilities are separately metered, offering simplified management and expense control. Units feature practical floor plans, natural light, and durable finishes. Current rents are below market, providing a clear value-add opportunity through rent optimization and targeted improvements. Mechanical systems and utilities are configured for multi-unit use. Exterior offers a solid structure with low-maintenance materials. Property presents strong long-term rental demand and operational upside for both owner-occupants and investors. Convenient access to major transportation routes, neighborhood amenities, and employment centers. Ideal for investors seeking stable cash flow with upside potential in an established Chicago neighborhood. Interior photos coming soon.
Property Specifics
| Multi-unit | |
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| 1923 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12560835 | |
| 21303190150000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Dec, 2020 | Sold | $260,000 | MRED MLS |
| 10 Sep, 2020 | Under contract | $280,000 | MRED MLS |
| 5 Aug, 2020 | Listed for sale | $280,000 | MRED MLS |
| 3 Feb, 2026 | Listed for sale | $420,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 25x125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2020 | $3,469 |
| 2026 | $3,388 |
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Listing Provided By
Fulton Grace Realty
