$399,900
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. Don’t miss this fantastic opportunity, building is being Sold As-Is.
Property Details
Price:
$399,900
MLS #:
MRD12153691
Status:
Active Under Contract
Beds:
9
Baths:
3
Address:
7721 S Phillips Avenue
Type:
Multi Family
Neighborhood:
CHI – South Shore
City:
Chicago
Listed Date:
Sep 3, 2024
State:
IL
ZIP:
60649
Year Built:
1922
Schools
School District:
299
Interior
Heating
Other
Exterior
Parking Spots
2
Financial
Tax Year
2022
Taxes
$3,883
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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7721 S Phillips Avenue
Chicago, IL
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