$275,000
7725 S Phillips Avenue
Chicago, IL, 60649
Prime Investment Opportunity: Rehab a Three-Story Brick Building in a High-Demand Area! Attention Investors and Developers! Seize the chance to transform this three-story brick building into a lucrative investment. Featuring three spacious apartments, each with 3 bedrooms, 2 baths, an in-unit laundry, a formal dining room, a large living room, and a kitchen, this property offers exceptional potential. With an unfinished basement included, there’s an opportunity to add a fourth unit-unstamped plans for the basement unit are available! This rehab project requires all-new finishes, doors, flooring, HVAC, plumbing, and electrical, making it an ideal canvas for investors seeking to customize a property to maximize returns. Located in a sought-after area with limited 3-bedroom, 2-bath units, this building promises strong demand and a high return on investment. Don’t miss out on this unique opportunity to capitalize on a rare find. Bring your vision and expertise to create a standout property in a thriving market! Contact us today to learn more and schedule a tour of your next profitable venture!
Property Details
Price:
$275,000
MLS #:
MRD12164258
Status:
Active Under Contract
Beds:
9
Baths:
6
Address:
7725 S Phillips Avenue
Type:
Multi Family
Neighborhood:
CHI – South Shore
City:
Chicago
Listed Date:
Sep 14, 2024
State:
IL
ZIP:
60649
Year Built:
1926
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Parking Features
Off Alley
Parking Spots
3
Financial
Tax Year
2022
Taxes
$3,497
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
Map
Similar Listings Nearby
- 9260 S Halsted Street
Chicago, IL$355,000
4.54 miles away
- 7947 S Burnham Avenue
Chicago, IL$354,900
0.53 miles away
- 358 E 70th Place
Chicago, IL$350,000
2.77 miles away
- 8239 S Houston Avenue
Chicago, IL$350,000
0.99 miles away
- 8210 S Manistee Avenue
Chicago, IL$350,000
0.69 miles away
- 8543 S Burley Avenue
Chicago, IL$350,000
1.44 miles away
- 7738 S Merrill Avenue
Chicago, IL$350,000
0.41 miles away
- 5743 S Emerald Avenue
Chicago, IL$349,900
4.71 miles away
- 8846 S Houston Avenue
Chicago, IL$349,000
1.59 miles away
- 8120 S Ingleside Avenue
Chicago, IL$345,000
1.97 miles away

7725 S Phillips Avenue
Chicago, IL
LIGHTBOX-IMAGES