$389,900
7721 S Phillips Avenue
Chicago, IL, 60649
A must-see investment opportunity! This spacious 3-flat offers excellent rental income potential. Fully rehabbed in 2018, each unit boasts 3 large bedrooms, 1.5 baths, hardwood floors, and high ceilings that enhance the bright, airy feel throughout. Updated features include granite countertops, stainless steel appliances, and stylish bathrooms, complemented by neutral tones that suit any decor. Washer/dryer available in each unit in as-is condition. The 2nd floor unit is occupied by long-term tenants on month-to-month leases, providing immediate income with room for rental increases. The 1st and 3rd floor unit are vacant and available for showings. Each unit has potential for higher rents. Building is being Sold As-Is.
Property Details
Price:
$389,900
MLS #:
MRD12309147
Status:
Active Under Contract
Beds:
9
Baths:
3
Address:
7721 S Phillips Avenue
Type:
Multi Family
Neighborhood:
CHI – South Shore
City:
Chicago
Listed Date:
Mar 11, 2025
State:
IL
ZIP:
60649
Year Built:
1922
Schools
School District:
299
Interior
Heating
Other
Exterior
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Financial
Tax Year
2023
Taxes
$3,811
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Similar Listings Nearby
- 5515 S Winchester Avenue
Chicago, IL$505,000
0.00 miles away
- 4952 W Augusta Boulevard
Chicago, IL$505,000
0.00 miles away
- 7345 S Calumet Avenue
Chicago, IL$505,000
0.00 miles away
- 1118 N Springfield Avenue
Chicago, IL$500,000
0.00 miles away
- 1932 W 22nd Place
Chicago, IL$500,000
0.00 miles away
- 8117 S Kingston Avenue
Chicago, IL$500,000
0.00 miles away
- 1910 N Kedvale Avenue
Chicago, IL$500,000
0.00 miles away
- 5630 N Mason Avenue
Chicago, IL$500,000
0.00 miles away
- 3157 W Washington Boulevard
Chicago, IL$500,000
0.00 miles away
- 3552 W Palmer Street
Chicago, IL$500,000
0.00 miles away

7721 S Phillips Avenue
Chicago, IL
LIGHTBOX-IMAGES