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Phoenix, IL Multifamily Homes & Duplexes for Sale

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    $179,900

    • 8 Beds
    • 4 Baths

    615 Frances St, Phoenix, IL 60426

    Fantastic investment opportunity in beautiful and serene Phoenix, IL! This solid 4-unit apartment building is fully rented with long-term month-to-month tenants, and current rents offer plenty of room for substantial increases. Each apartment features two bedrooms and one bathroom, with one of the units recently remodeled and upgrades throughout. Major improvements have already been made: the

    Grant Alexander Alexander & Associates Realty Group

    615 Frances St, Phoenix, IL 60426
  • /8

    $93,000

    • 4 Beds
    • 2 Baths

    15237 4th Ave, Phoenix, IL 60426

    Great Investment Opportunity in Phoenix Illinois. This two unit property offers solid potential for both seasoned and new investors. Each unit features 2 bedrooms and 1 full bath. Both units have back porches and the second floor unit has a front porch also. The first floor unit is occupied with a Long term, Month To Month tenant. The second floor unit needs rehab offering a chance to add

    Monique Fisher Mosaic Realty LLC

    15237 4th Ave, Phoenix, IL 60426
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    $62,000

    • 6 Beds
    • 2 Baths

    630 Belle Ct, Phoenix, IL 60426

    ***Attention all investors*** Solid 2-unit in the heart Phoenix. Full rehab needed but excellent income potential. Sold strictly as-is. No survey. The property will not be trashed-out prior to closing. Must take subject to municipal/code compliance requirements.

    Anthony Disano Parkvue Realty Corporation

    630 Belle Ct, Phoenix, IL 60426

Why Live in Phoenix

Phoenix, Illinois, is a suburban village situated approximately 25 miles from Chicago. This area has a rich history tied to its neighboring community, Harvey, and has undergone significant revitalization in recent years, focusing on infrastructure improvements. Residents benefit from proximity to grocery stores, restaurants, public schools, and healthcare facilities, with UChicago Medicine Ingalls Memorial located just 2 miles away. The village features a variety of home styles, including raised ranches, bungalows, Craftsman homes, and bi-level brick houses, with recent new constructions adding to the architectural diversity. Commuters have access to major highways like Interstate 57, which connects to Chicago, and public transportation options through Pace buses. Chicago Midway International Airport is about 16 miles northwest, facilitating convenient air travel.

Phoenix offers several dining options, such as Beggars Pizza for deep-dish enthusiasts and Daisy’s Catering Café for vegan fare. Smitty’s Lounge provides a local nightlife spot with live DJs, while The Entrance, located 3 miles west, features live music and themed nights like Taco Tuesdays. For outdoor activities, the Phoenix Park District includes green spaces and basketball courts, and nearby parks like Riverside and Kickapoo Meadows offer playgrounds and natural areas. The village is served by the South Holland School District, with elementary and middle schools focusing on attendance and a high school that has been fostering education for over a century.

Home Trends in Phoenix, IL

Housing Trends

Median Sale Price
$117,000
Median Single Family Sale Price
$125,000
Average Price Per Sq Ft
$107
Number of Homes for Sale
8
Last 12 months Home Sales
21
Months of Supply
4.60
Median List Price
$140,000
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
-20%
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