BEDS11
BATHS7 full
MLS#12660519
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property 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 $2,300 per month per unit, this property offers outstanding 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Garage: 2
Heating: Forced Air, Steam
Lot Size: 3,720
Taxes: $3,109
Year Built: 1923
Feature Descriptions
Exterior: Brick
Lot Dimensions: 3720
Parcel#: 21303180210000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 24
Township: South Chicago
Water: Lake Michigan
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Berg Properties
Agency Phone: 888-276-9959
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 2,021.15 per month $1,557.90 Principal & Interest $259.08 Property Tax $204.17 Homeowner's InsuranceChange Payment Information
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7732 S Phillips Avenue | MLS# 12660519
This multi-family property located at 7732 S Phillips Avenue , Chicago, IL 60649 is currently listed for sale with an asking price of $700,000. S Phillips Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.