NOT LISTED FOR SALE

7646 S Phillips Ave Chicago, IL 60649

South Shore Neighborhood
9 Beds
6 Baths
-- Sq Ft
1926 Built

Last Sold December 03, 2018

Last sale price $355,000

13 Days on Market

Highlights

  • Whirlpool Bathtub
  • Intercom
  • Paved or Partially Paved Lot
  • 3 Car Detached Garage
  • Ceiling Fan
  • Storage Shed

About This Home

As of December 2018

BRIGHT, SUNNY, OVER SIZED AND FULLY OCCUPIED INVESTMENT PROPERTY. VERY WELL KEPT AND REHABBED IN 2006, WITH MANY RECENT UPDATES SUCH AS NEW FIRE PLACES, NEW BATHROOM VANITIES, SHOWER HEADS AND FAUCETS, NEW LIGHT FIXTURES AND CEILING FANS. ALL FRESHLY PAINTED W/BEAUTIFUL HARDWOOD FLOORS AND SEPARATE LARGE DINING ROOMS. PLUMBING INCLUDES NEW SUMP PUMP AND ALL UNITS HAVE A MASTER SUITE WITH A JACUZZI BATHTUB, SEPARATE SHOWERS WITH SEPARATE A/C AND HEAT. A/C WAS REPLACED IN 2015. THE PICTURES ARE ACTUAL AND RECENT. SHOW WITH CONFIDENCE THIS SOLID PROPERTY. PROPERTY BEING SOLD "AS IS".

Last Agent to Sell the Property

Mary Scott

MMS Realty Inc License #471017626 Listed on: 10/12/2018

Last Buyer's Agent

Ali Khatab

Compass License #471019773

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,122

Year Built

  • Built in 1926 | Remodeled in 2006

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Lot Details

  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Ceiling Fan
  • Storage Shed

Community Details

Overview

  • 3 Units
  • Southshore Subdivision

Building Details

  • Gross Income $41,892
  • Net Operating Income $33,998

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,122

Year Built

Built in 1926 | Remodeled in 2006

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: SOUTHSHORE
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2006
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2006

Interior Features

  • Basement: Partial, Walkout
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Other Equipment: TV-Cable, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Fireplace-Artificial
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Fireplace-Artificial
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Fireplace-Artificial

Exterior Features

  • ExteriorFeatures: Storage Shed, Cable Access
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 7894

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 33998
  • GrossIncome: 41892
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4122
  • Tax Year: 2016
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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
12/03/2018 12/03/18 Sold $355,000 +7.6% --
10/25/2018 10/25/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $329,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

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 $2,796 $31,304
2024 $3,600 $34,100 $2,796 $31,304
2023 $3,497 $17,000 $4,660 $12,340
2022 $3,497 $17,000 $4,660 $12,340
2021 $3,419 $17,000 $4,660 $12,340
2020 $4,083 $18,330 $3,355 $14,975
2019 $4,185 $20,830 $3,355 $17,475
2018 $4,115 $20,830 $3,355 $17,475
2017 $4,430 $20,579 $2,982 $17,597
2016 $4,122 $20,579 $2,982 $17,597
2015 $3,771 $20,579 $2,982 $17,597
2014 $2,226 $12,000 $2,609 $9,391
2013 $2,182 $12,000 $2,609 $9,391
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mary Scott

    MMS Realty Inc

    (773) 726-8684

    3 in this area

    24 Total Sales

    Mary Scott
    Section Image

  • A

    Buyer's Agent in 2018

    Ali Khatab

    Compass

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10111057

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60649 South Shore

7646 S Phillips Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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