7641 S Phillips Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $3,334/month
About This Home
This condo-like gated 3-unit brick building in desirable South Shore is perfect for the right homebuyer or investor. All 3 spacious apartments consist of 3 large bedrooms, a formal dining room and beautifully restored hardwood floors. Some of the many upgrades and updates include separate heating systems and water heaters, a new roof on both the apartment building and garage, a rebuilt back porch, new copper and waste plumbing lines and updated electrical. In addition, the updated kitchens include quartz countertops and all new stainless steel appliances. All bathrooms have been updated with new fixtures and tiles. They're also equipped with jetted tubs for soothing those sore muscles. Throughout the units, there's new flooring as well as some new windows. In other words, the repair and maintenance issues have been addressed. For additional income, the laundry hook-up is located in the basement, and there's 1 garage space/unit. For the savvy buyer with vision, the basement serves as a great value add in terms of more rental income. Conveniently located close to Rainbow Beach, the Obama Library, Hyde Park, public transportation. Places of worship, schools, restaurants, shopping are nearby. Schedule your appointment today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,600
Year Built
- Built in 1925 | Remodeled in 2026
Parking
- 3 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
Utilities
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
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 | $3,600 | $34,100 | $2,790 | $31,310 |
| 2024 | $3,600 | $34,100 | $2,790 | $31,310 |
| 2023 | $3,497 | $17,000 | $4,650 | $12,350 |
| 2022 | $3,497 | $17,000 | $4,650 | $12,350 |
| 2021 | $3,419 | $17,000 | $4,650 | $12,350 |
| 2020 | $4,054 | $18,200 | $3,348 | $14,852 |
| 2019 | $4,155 | $20,682 | $3,348 | $17,334 |
| 2018 | $4,085 | $20,682 | $3,348 | $17,334 |
| 2017 | $4,091 | $19,002 | $2,976 | $16,026 |
| 2016 | $3,806 | $19,002 | $2,976 | $16,026 |
| 2015 | $3,482 | $19,002 | $2,976 | $16,026 |
| 2014 | $2,703 | $14,568 | $2,604 | $11,964 |
| 2013 | $3,429 | $18,853 | $2,604 | $16,249 |
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 |
|---|---|---|---|---|
| 05/22/2026 05/22/26 | Pending | -- | -- | -- |
| 04/24/2026 04/24/26 | For Sale | $560,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12627060
APN: 21303080110000
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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
- 7600 S Phillips Ave
- 7628 S Yates Blvd
- 7618 S Yates Blvd
- 7611 S Essex Ave
- 7601 S Essex Ave Unit 2
- 7732 S Phillips Ave
- 7724 S Essex Ave
- 7741 S Oglesby Ave
- 7751 S Phillips Ave
- 7515 S Essex Ave
- 7719 S Kingston Ave
- 7717 S Luella Ave
- 7721 S Colfax Ave
- 7727 S Colfax Ave
- 7843 S Yates Blvd
- 7544 S Saginaw Ave
- 7643 S Paxton Ave
- 7412 S Phillips Ave
- 7557 S Paxton Ave
- 7400 S Phillips Ave
Ask me questions while you tour the home.