7965 Phillips Avenue, South Chicago, Chicago, Illinois 60617
$302,900
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 7 |
| Year Built: | 1922 |
| Property Taxes: | $4,374 |
| Days On Market: | 2120 |
| Lot Size: | 0,09 |
Description
This 4-unit brick building is well-maintained and has a positive cash flow with the potential for more. You'll be welcomed by long-time tenants ready be your eyes and ears. The building is a fantastic opportunity for an investor or a family building. The building has a three-car garage with two additional parking spaces. These spaces have been previously rented for additional funds. The property sits on a quiet block, and neighbors are supportive and work together. It also offers a great location with access to Lake Shore Drive, 90/94, I57, The Skyway, and the Calumet Expressway. Access to public transportation is steps away, with the option to travel by CTA, Metra, and the EL. Your tenants are minutes from South Shore, Hyde Park, Downtown, and the Lakefront, to name a few nearby amenities. Investors, this building speaks to you, offering residual income. You should make an offer today; this is it! This building is a GREAT buy and won't last long on the market.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1922 | |
| — | |
| Brick | |
| — | |
| — | |
| No | |
| 0.09 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 10974924 | |
| 21311090040000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Coles Elementary School Language |
299 | — | |
|
High School
South Shore Community Academy Se |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Apr, 2021 | Sold | $302,900 | MRED MLS |
| 9 Feb, 2021 | Under contract | $299,900 | MRED MLS |
| 20 Jan, 2021 | Listed for sale | $299,900 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Full Bathrooms: 7
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Other Specifics
| 3 | |
| — | |
| Garage | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 4340 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $4,374 |
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Listing Provided By
Exit Strategy Realty
