7751 S Phillips Avenue
Chicago, IL, 60649
$420,000
7 Beds
4 Baths
0 SqFt
0 Acres
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$420,000
7751 S Phillips Avenue
Chicago, IL, 60649
MLS #MRD12560835 image #0
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.

Property Details

Price:
$420,000
MLS #:
MRD12560835
Status:
Active
Beds:
7
Baths:
4
Type:
Multi Family
Neighborhood:
chisouthshore
Listed Date:
Feb 3, 2026
Year Built:
1923
Chi – South ShoreChisouthshore

Schools

School District:
299

Interior

Heating
Radiant, Radiator(s)

Exterior

Construction Materials
Brick
Parking Features
Off Alley, Alley Access, Yes, Owned
Parking Spots
3

Financial

Tax Year
2023
Taxes
$3,388
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Feb 11, 2026
1,189
Multi Family Listed
92
Avg DOM
$468,548
Avg List Price

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Property Summary

    7751 S Phillips Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60649. It is listed for $420,000 To schedule a showing of MLS#mrd12560835 at 7751 S Phillips Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7751 S Phillips Avenue
Chicago, IL