10 S Phillips Ave Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $2,499/month
Total Views
5,184
--
Bed
--
Bath
10,236
Sq Ft
$38
Price per Sq Ft
About This Home
AN ADDITIONAL $30,000 PRICE REDUCTION BY SELLER IS IN EFFECT!!! Prime South Shore 6-Unit Investment Opportunity! Located at 7608-10 S Phillips, Chicago, IL 60649, this solid brick 6-unit building has reverted to multifamily rental in ongoing court case offering a fantastic value-add opportunity. Each spacious unit features 3-4 bedrooms, 2 bathrooms, hardwood floors, formal dining rooms and open rear porches, with select units boasting open floor plans. The property includes a full unfinished basement and two garages (one 2-car, one 3-car). Situated in the rapidly developing South Shore neighborhood, it is close to the Obama Presidential Center, Jackson Park, Metra, CTA, and the Lake Michigan. A prime opportunity for investors seeking strong rental income potential in a high-demand area! Sold AS-IS. All offers subject to judicial approval.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 6,572 Sq Ft Lot
- Lot Dimensions are 50 x 131
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 10,236 Sq Ft Home
- 3-Story Property
- Exterior Basement Entry
Location
- Urban Location
Utilities
- No Cooling
- Forced Air Heating System
- Floor Furnace
- Heating System Uses Gas
Community Details
- 6 Units
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $390,000 | -7.1% | $38 / Sq Ft |
| 07/02/2025 07/02/25 | For Sale | $420,000 | 0.0% | $41 / Sq Ft |
| 06/24/2025 06/24/25 | Off Market | $420,000 | -- | -- |
| 06/04/2025 06/04/25 | Price Changed | $420,000 | -6.7% | $41 / Sq Ft |
| 03/10/2025 03/10/25 | For Sale | $450,000 | -- | $44 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12309243
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