$325,000
SOLD MAY 5, 2026
-- Bed
-- Bath
10,236 Sq Ft
6,572 Sq Ft Lot Lot

Sale Details

Date Sold: May 5, 2026

$32 Per Sq Ft

17% Below List Price

282 on Market

About This Home

As of May 2026

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.

Last Agent to Sell the Property

Ronald Branch

RLB Realty Group, Inc. License #471007409 Listed on: 03/10/2025

Last Buyer's Agent

Nathalie Germain

Breakthrough Realty License #471022769

Breakthrough Realty

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
  • Unfinished Basement
  • Exterior Basement Entry

Location

  • Urban Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Gas

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

6,572 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1925
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Lock Box,Show-Special Instructions,Other-See Remarks,Court Approval Required,City,Mold DISCL,3rd Party Approval
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 0
  • Ranges: 0
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • Roof Structure: Flat

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air,Gas,Individual Furnaces
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 131
  • Lot Size Sq Ft: 6572

Building Info

  • BuildingAreaTotal: 10236
  • Building Unit Info: No Units Furnished

Rental Info

  • Board Number: 8
  • Tenancy Type: No Lease,1 or More Vacant

Multi Family

  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 99999
  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2026 05/05/26 Sold $325,000 0.0% $32 / Sq Ft
03/31/2026 03/31/26 Off Market $325,000 -- --
12/17/2025 12/17/25 Pending -- -- --
12/02/2025 12/02/25 For Sale $390,000 +20.0% $38 / Sq Ft
11/30/2025 11/30/25 Off Market $325,000 -- --
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 +29.2% $41 / Sq Ft
06/24/2025 06/24/25 Off Market $325,000 -- --
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)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12309243

Midwest Real Estate Data (MRED)
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