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About the Listing 84130 - 877681
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.
Listing Highlights
Status
Active
Days on Site
21
Property Type
Multi-Family
MLS ®
12560835
Year Built
1923
Total Square Footage
0
Lot/Acreage
25x125
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Radiant,Radiator(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full,Walk-Out Access
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 25x125
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Alley,Alley Access,Yes,Owned
Financial Details
- Tax Amount: $3,388
- Taxes w/Assessments: N/A
- Tax/Property ID: 21303190150000
- Tax Year: 2023
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
7751 S Phillips Ave Chicago, IL 60649
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