7600 S Phillips Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $6,932/month
About This Home
7600 S Phillips Avenue offers a compelling 14-unit multifamily investment in Chicago's South Shore neighborhood, strong fundamentals and long-term upside. The building features a desirable mix of unit layouts, including one one-bedroom unit, eight two-bedroom units, and five three bedroom units, appealing to a broad tenant base seeking spacious housing in a well-established lakefront-adjacent community
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,518
Year Built
- Built in 1927
Additional Features
- 4-Story Property
- Lot Dimensions are 50x60
- Heating System Uses Gas
Community Details
Overview
- 14 Units
Building Details
- Electric Expense $4,032
- Fuel Expense $12,936
- Insurance Expense $14,000
- Maintenance Expense $12,600
- Other Expense $5,000
- Trash Expense $6,720
- Water Sewer Expense $11,256
- Operating Expense $94,455
- Gross Income $203,889
- Net Operating Income $109,434
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,399 | $77,000 | $10,025 | $66,975 |
| 2024 | $14,399 | $77,000 | $10,025 | $66,975 |
| 2023 | $13,987 | $68,005 | $7,218 | $60,787 |
| 2022 | $13,987 | $68,005 | $7,218 | $60,787 |
| 2021 | $13,675 | $68,004 | $7,218 | $60,786 |
| 2020 | $13,637 | $61,215 | $7,218 | $53,997 |
| 2019 | $12,299 | $61,215 | $7,218 | $53,997 |
| 2018 | $12,092 | $61,215 | $7,218 | $53,997 |
| 2017 | $10,862 | $50,459 | $6,015 | $44,444 |
| 2016 | $10,106 | $50,459 | $6,015 | $44,444 |
| 2015 | $9,246 | $50,459 | $6,015 | $44,444 |
| 2014 | $10,436 | $56,246 | $6,015 | $50,231 |
| 2013 | $10,230 | $56,246 | $6,015 | $50,231 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $1,050,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12625316
APN: 21-30-307-012-0000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 7601 S Essex Ave Unit 2
- 7641 S Phillips Ave
- 7611 S Essex Ave
- 7515 S Essex Ave
- 7724 S Essex Ave
- 7732 S Phillips Ave
- 7400 S Phillips Ave
- 2459 E 74th St
- 2469 E 74th St
- 7741 S Oglesby Ave
- 2481 E 74th St
- 7719 S Kingston Ave
- 7751 S Phillips Ave
- 2448 E 74th St
- 7544 S Saginaw Ave
- 7557 S Paxton Ave
- 7717 S Luella Ave
- 7406 S Crandon Ave
- 7721 S Colfax Ave
- 7643 S Paxton Ave
- 7505 S Yates Blvd Unit 1
- 7649 S Yates Blvd Unit 3
- 7655 S Yates Blvd Unit 2410-2
- 7655 S Yates Blvd Unit 2408-1
- 7601 S Kingston Ave
- 7526-7536 S Colfax Ave
- 2475 E 74th Place Unit 2W
- 7730 S Essex Ave Unit 2
- 7734 S Essex Ave Unit 2
- 7729 S Essex Ave
- 7654 S Colfax Ave Unit 2
- 7608 S Saginaw Ave
- 7754 S Yates Blvd
- 7737 S Kingston Ave Unit 3N
- 7743 S Kingston Ave
- 7330 S Yates Blvd
- 7759 S Kingston Ave
- 2542 E 78th St
- 2540 E 78th St
- 7814 S Essex Ave Unit 1st floor
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