7732 S Phillips Avenue,Chicago, IL 60649
Chicago, IL 60649
Description
Welcome to 7732 S. Phillips - an exceptionally large jumbo brick building offering over 7,500 square feet of living space plus an additional oversized storage room adjacent to the basement level. This is one of the largest multi-unit buildings in the neighborhood and presents a rare opportunity for both investors and owner-occupants seeking strong rental income and modern updates throughout. The property features three spacious residential units plus a beautifully finished garden-level living space that can serve perfectly as owner's quarters, extended living space, or additional income potential. The building has undergone extensive renovations with updated plumbing, electrical, and HVAC systems, along with modern kitchens and beautifully updated bathrooms featuring sleek contemporary finishes. Additional improvements include newer windows, roof, beautifully refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added tenant convenience. The expansive unit layouts provide oversized living areas and generous bedroom sizes rarely found in today's market. With projected rental income of approximately $2500 per month for each of the three above-grade units, creating exceptional cash-flow potential in a rapidly appreciating area. Whether you are looking to house hack, expand your investment portfolio, or own one of the premier buildings in the neighborhood, 7732 S. Phillips delivers scale, functionality, and long-term upside. Massive square footage. Updated systems. Modern finishes. Strong income potential. A truly unique opportunity.
Details
| MLS # | 12660519 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1923 |
| Days On Site | 115 |
| Listing Provided By | Berg Properties | Colleen Berg |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 7 |
| Garage | 2 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 3720.00 |
Interior
| Rooms Total | 24 |
|---|---|
| Heating | Forced Air, Steam |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | Garage Door Opener, Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 3109 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60649 |
| Area | CHI South Shore |
| Listing VS Median (in 60649) | |
Price: $600,000 low | high Med: $85,000 On site: 115 low | high Med: 199 | |
Market Activity 60649
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60649 |
| Area | CHI South Shore |
| Listing VS Median (in 60649) | |
Price: $600,000 low | high Med: $85,000 On site: 115 low | high Med: 199 | |
