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: 1706
Lot Size: 0,09
Map
Street View

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
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
Last price change $459,900 MRED MLS
23 May, 2025 Listed for sale $459,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 7
Partial Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Partially Finished

Other Specifics

3
4340
Not in DB

Tax History

Year Property Taxes
2021 $4,374
$5,483

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Listing Provided By

Exit Strategy Realty