Seller's Agent in 2024
Carl Johnson
Century 21 S.G.R., Inc.
(708) 567-9949
2 in this area
80 Total Sales
7640 S Phillips Ave Chicago, IL 60649
South Shore Neighborhood
9
Beds
5
Baths
--
Sq Ft
4,792
Sq Ft Lot
Highlights
- Gated Community
- Fenced Yard
- Enclosed Patio or Porch
- American Four Square Architecture
- 3 Car Detached Garage
- Intercom
About This Home
As of December 2024Discover a unique investment opportunity in Chicago's South Shore! Are you searching for a prime investment opportunity in one of Chicago's vibrant neighborhoods? Look no further than this jumbo-sized, 3-unit building located in the heart of South Shore. This property is not just a place to live; it is a strategic investment with features that cater to both owner-occupiers and savvy investors. Spacious units: Each unit boasts generous bedroom sizes, perfect for comfortable living. Modern amenities: Enjoy the convenience of central heat and air conditioning, with 2020 AC units ensuring efficiency and comfort. Recent upgrades: The building features a newer roof installed in 2019, garage roof in 2019, along with tuckpointing, gutters, and downspouts completed in 2019, ensuring durability and reduced maintenance costs. Hardwood floors and fresh paint: All units are adorned with beautiful hardwood floors and have been recently painted, offering a fresh and modern aesthetic. Bonus room: An enclosed back porch provides additional space, perfect for a home office or relaxation area. Tenant-paid utilities: Each unit is equipped with washer/dryer hookups, and tenants are responsible for their own utilities, maximizing your investment return. Ample parking: A detached 3 car garage offers secure parking and additional storage space. Investment potential: This property is ideal for investors looking to capitalize on the rental market, or for those seeking a home with income potential. With tenants paying utilities and the property's strategic location, you can expect a steady cash flow and potential appreciation over time. Location benefits: South Shore is a dynamic community known for its cultural diversity and proximity to Lake Michigan. Residents enjoy easy access to public transportation, parks, and local amenities, making it a desirable location for renters and homeowners alike. Do not miss out on this exceptional opportunity to own a piece of Chicago's thriving real estate market. Whether you are looking to expand your investment portfolio or find a home that pays for itself, this property is a must-see.
Last Agent to Sell the Property
Century 21 S.G.R., Inc. License #475176490 Listed on: 10/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,023
Year Built
- Built in 1926
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40 x 124
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 3 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- American Four Square Architecture
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Intercom
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 5 Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Enclosed Patio or Porch
Schools
- Bradwell Comm Arts & Sci Element Middle School
- South Shore Community Academy Se High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
- Common Area
- Gated Community
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Nov 26, 2024
Sold by
Bought by
Seller's Agent
Carl Johnson
Century 21 S.G.R., Inc.
Buyer's Agent
Robert Teverbaugh
Century 21 Circle
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Views
72
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
0.065%
Mortgage Type
VA
Purchase Details
Listed on
Apr 1, 2021
Closed on
Jun 28, 2021
Sold by
Bought by
Seller's Agent
Rachel Ruffin
Executive Realty Group LLC
Buyer's Agent
Carl Johnson
Century 21 S.G.R., Inc.
Sold Price
$400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Original Mortgage
$392,755
Interest Rate
0.029%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 23, 2018
Closed on
Jan 9, 2019
Sold by
Bought by
Seller's Agent
Sybil Martin
Coldwell Banker Realty
Buyer's Agent
Rachel Ruffin
Executive Realty Group LLC
List Price
$258,000
Sold Price
$330,379
Premium/Discount to List
$72,379
28.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$318,815
Interest Rate
0.055%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 22, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
0.078%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 13, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
0.078%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $430,000 | Old Republic Title | ||
| $400,000 | Old Republic Title | ||
| $330,500 | None Available | ||
| $193,000 | Ticor Title | ||
| $110,500 | Ticor Title Insurance |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $430,000 | ||
| Previous Owner | $392,755 | ||
| Previous Owner | $318,815 | ||
| Previous Owner | $182,400 |
Source: Public Records
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $430,000 | -1.1% | -- | |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- | |
| 10/25/2024 10/25/24 | For Sale | $435,000 | +8.8% | -- | |
| 06/29/2021 06/29/21 | Sold | $400,000 | -4.5% | -- | View Prior Sale |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- | |
| 04/20/2021 04/20/21 | For Sale | -- | -- | -- | |
| 04/01/2021 04/01/21 | For Sale | $419,000 | +26.8% | -- | |
| 01/09/2019 01/09/19 | Sold | $330,379 | +6.6% | -- | View Prior Sale |
| 11/02/2018 11/02/18 | Pending | -- | -- | -- | |
| 10/26/2018 10/26/18 | Price Changed | $310,000 | +20.2% | -- | |
| 10/23/2018 10/23/18 | For Sale | $258,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $4,023 | $36,500 | $3,720 | $32,780 |
| 2024 | $4,023 | $36,500 | $3,720 | $32,780 |
| 2023 | $3,908 | $19,000 | $6,200 | $12,800 |
| 2022 | $3,908 | $19,000 | $6,200 | $12,800 |
| 2021 | $3,821 | $19,000 | $6,200 | $12,800 |
| 2020 | $4,284 | $19,230 | $4,464 | $14,766 |
| 2019 | $4,391 | $21,853 | $4,464 | $17,389 |
| 2018 | $4,317 | $21,853 | $4,464 | $17,389 |
| 2017 | $2,761 | $21,766 | $3,968 | $17,798 |
| 2016 | $3,143 | $21,766 | $3,968 | $17,798 |
| 2015 | $3,021 | $21,766 | $3,968 | $17,798 |
| 2014 | $2,995 | $21,034 | $3,472 | $17,562 |
| 2013 | $3,006 | $21,034 | $3,472 | $17,562 |
Source: Public Records
Agents Affiliated with this Home
-
Carl Johnson
-
Robert Teverbaugh
Buyer's Agent in 2024
Robert Teverbaugh
Century 21 Circle
(773) 203-8709
3 in this area
100 Total Sales
-
Rachel Ruffin
Seller's Agent in 2021
Rachel Ruffin
Executive Realty Group LLC
(630) 999-0020
5 in this area
97 Total Sales
-
Sybil Martin
Seller's Agent in 2019
Sybil Martin
Coldwell Banker Realty
(773) 491-7217
7 in this area
161 Total Sales
-
Paulette Edwards
Seller Co-Listing Agent in 2019
Paulette Edwards
Coldwell Banker Realty
(773) 837-0383
6 in this area
148 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12196509
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
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