$560,000
7641 S Phillips Avenue
Chicago, IL, 60649
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!
Property Details
Price:
$560,000
MLS #:
MRD12627060
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chisouthshore
Listed Date:
Apr 24, 2026
Year Built:
1925
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air, Sep Heating Systems – 2+
Exterior
Construction Materials
Brick
Garage Spaces
3
Parking Features
Yes, Detached, Garage
Parking Spots
3
Parking Total
3
Financial
Tax Year
2023
Taxes
$3,600
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Apr 26, 2026
1,384
Multi Family Listed
78
Avg DOM
$515,175
Avg List Price
Community
- Address7641 S Phillips Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60649
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Property Summary
- 7641 S Phillips Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60649. It is listed for $560,000 To schedule a showing of MLS#mrd12627060 at 7641 S Phillips Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.

Copyright 2026. All rights reserved.
7641 S Phillips Avenue
Chicago, IL





