7600 S Phillips Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $7,065/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 | -- | -- |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $770,000 | Fidelity National Title | |
| Warranty Deed | $680,000 | Chicago Title | |
| Warranty Deed | $560,000 | Attorney | |
| Special Warranty Deed | $150,000 | None Available | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $807,000 | Chicago Title Insurance Co | |
| Warranty Deed | $605,000 | Multiple | |
| Interfamily Deed Transfer | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $969,870 | Construction | |
| Previous Owner | $3,000,000 | Commercial | |
| Previous Owner | $448,000 | Commercial | |
| Previous Owner | $524,550 | Commercial | |
| Previous Owner | $655,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12625316
APN: 21-30-307-012-0000
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 7641 S Phillips Ave
- 7537 S Phillips Ave
- 7544 S Essex Ave
- 7611 S Essex Ave
- 2509 E 76th St Unit 1
- 2511 E 76th St Unit 3
- 7601 S Essex Ave Unit 2
- 7732 S Phillips Ave
- 7724 S Essex Ave
- 7741 S Yates Blvd
- 7741 S Oglesby Ave
- 7751 S Phillips Ave
- 7719 S Kingston Ave
- 7717 S Luella Ave
- 7648 S Luella Ave
- 7544 S Saginaw Ave
- 7721 S Colfax Ave
- 7727 S Colfax Ave
- 7400 S Phillips Ave
- 2469 E 74th St
- 7649 S Yates Blvd Unit 3
- 7505 S Yates Blvd Unit 1
- 7601 S Kingston Ave
- 7724 S Essex Ave Unit 2
- 7719 S Essex Ave Unit B
- 7730 S Essex Ave Unit 2
- 7741 S Yates Blvd Unit 3
- 7741 S Phillips Ave Unit 2
- 2523 E 75th St Unit 2W
- 7526-7536 S Colfax Ave
- 7654 S Colfax Ave Unit 2
- 7737 S Kingston Ave Unit 3N
- 7743 S Kingston Ave
- 7610 S Saginaw Ave Unit 7610-2A
- 7608 S Saginaw Ave
- 7759 S Kingston Ave
- 2542 E 78th St
- 2540 E 78th St
- 7821 S Phillips Ave Unit 3
- 7825 S Yates Ave
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