7751 S Phillips Avenue, Chicago, IL 60649

Local realty services provided by:ERA Naper Realty
7751 S Phillips Avenue,Chicago, IL 60649
$420,000
  • 7 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jason marsing
Office: fulton grace realty
MLS#:12560835
Source:MLSNI

Price summary

  • Price:$420,000

About this home

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.

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Home facts

  • Year built:1923
  • Listing ID #:12560835
  • Added:1 day(s) ago
  • Updated:February 04, 2026 at 11:43 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1923

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$420,000
  • Tax amount:$3,388 (2023)
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