$489,000
8010 S Phillips Avenue
Chicago, IL, 60617
TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property’s overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is
Property Details
Price:
$489,000
MLS #:
MRD12740698
Status:
Active
Beds:
9
Baths:
7
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Aug 24, 2026
Year Built:
1926
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air, Sep Heating Systems – 2+
Exterior
Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Garage Spaces
3
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
3
Parking Total
3
Roof
Asphalt
Financial
Tax Year
2024
Taxes
$7,226
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 Aug 25, 2026
1,434
Multi Family Listed
81
Avg DOM
$528,215
Avg List Price
Community
- Address8010 S Phillips Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
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Property Summary
- 8010 S Phillips Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $489,000 To schedule a showing of MLS#mrd12740698 at 8010 S Phillips Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
8010 S Phillips Avenue
Chicago, IL
