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7721 S Phillips AVE Chicago, IL 60649
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Key Details
Sold Price $389,900
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12309147
Sold Date 11/04/25
Bedrooms 9
Year Built 1922
Annual Tax Amount $3,811
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 3720
Property Sub-Type Two to Four Units
Property Description
A must-see investment opportunity! This spacious 3-flat offers excellent rental income potential. Fully rehabbed in 2018, each unit boasts 3 large bedrooms, 1.5 baths, hardwood floors, and high ceilings that enhance the bright, airy feel throughout. Updated features include granite countertops, stainless steel appliances, and stylish bathrooms, complemented by neutral tones that suit any decor. Washer/dryer available in each unit in as-is condition. The 2nd floor unit is occupied by long-term tenants on month-to-month leases, providing immediate income with room for rental increases. The 1st and 3rd floor unit are vacant and available for showings. Each unit has potential for higher rents. Building is being Sold As-Is.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Other
Fireplace N
Exterior
Garage Spaces 2.0
Building
Building Description Frame, No
Sewer Other
Water Other
Structure Type Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with James Mason of Kale Realty
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