7732 S Phillips Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $3,974/month
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- Heating System Uses Steam
About This Home
Welcome to 7732 S. Phillips - an exceptionally large jumbo brick building offering over 7,500 square feet of living space plus an additional oversized storage room adjacent to the basement level. This is one of the largest multi-unit buildings in the neighborhood and presents a rare opportunity for both investors and owner-occupants seeking strong rental income and modern updates throughout. The property features three spacious residential units plus a beautifully finished garden-level living space that can serve perfectly as owner's quarters, extended living space, or additional income potential. The building has undergone extensive renovations with updated plumbing, electrical, and HVAC systems, along with modern kitchens and beautifully updated bathrooms featuring sleek contemporary finishes. Additional improvements include newer windows, roof, beautifully refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added tenant convenience. The expansive unit layouts provide oversized living areas and generous bedroom sizes rarely found in today's market. With projected rental income of approximately $2,300 per month per unit, this property offers outstanding cash-flow potential in a rapidly appreciating area. Whether you are looking to house hack, expand your investment portfolio, or own one of the premier buildings in the neighborhood, 7732 S. Phillips delivers scale, functionality, and long-term upside. Massive square footage. Updated systems. Modern finishes. Strong income potential. A truly unique opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,109
Year Built
- Built in 1923 | Remodeled in 2026
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 11 Bedrooms
- 11 Potential Bedrooms
- 7 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Steam
- 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 | $3,109 | $35,100 | $2,790 | $32,310 |
| 2024 | $3,109 | $35,100 | $2,790 | $32,310 |
| 2023 | $2,999 | $18,000 | $4,650 | $13,350 |
| 2022 | $2,999 | $18,000 | $4,650 | $13,350 |
| 2021 | $2,950 | $18,000 | $4,650 | $13,350 |
| 2020 | $3,727 | $19,832 | $3,348 | $16,484 |
| 2019 | $3,839 | $22,537 | $3,348 | $19,189 |
| 2018 | $3,773 | $22,537 | $3,348 | $19,189 |
| 2017 | $4,213 | $22,945 | $2,976 | $19,969 |
| 2016 | $4,095 | $22,945 | $2,976 | $19,969 |
| 2015 | $3,724 | $22,945 | $2,976 | $19,969 |
| 2014 | $3,739 | $22,720 | $2,604 | $20,116 |
| 2013 | $3,654 | $22,720 | $2,604 | $20,116 |
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 |
|---|---|---|---|---|---|
| 06/02/2026 06/02/26 | For Sale | $700,000 | +191.7% | -- | |
| 04/22/2025 04/22/25 | Sold | $240,000 | -12.7% | -- | View Prior Sale |
| 10/07/2024 10/07/24 | Pending | -- | -- | -- | |
| 10/04/2024 10/04/24 | For Sale | $275,000 | 0.0% | -- | |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- | |
| 07/12/2024 07/12/24 | Price Changed | $275,000 | +9.6% | -- | |
| 06/12/2024 06/12/24 | For Sale | $251,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12660519
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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
- 7741 S Phillips Ave
- 7751 S Phillips Ave
- 7724 S Essex Ave
- 7741 S Oglesby Ave
- 7821 S Phillips Ave
- 7641 S Phillips Ave
- 7637 S Phillips Ave
- 7843 S Yates Blvd
- 7628 S Yates Blvd
- 7719 S Kingston Ave
- 7618 S Yates Blvd
- 7600 S Phillips Ave
- 7847 S Essex Ave
- 7623 S Essex Ave
- 7611 S Essex Ave
- 7601 S Essex Ave Unit 2
- 7839 S Kingston Ave
- 1719 E 79th St
- 7717 S Luella Ave
- 7727 S Colfax Ave
- 2444 E 78th St Unit 3
- 7754 S Yates Blvd
- 7655 S Yates Blvd Unit 2410-2
- 7655 S Yates Blvd Unit 2408-1
- 7800 S Yates Blvd Unit 2
- 7729 S Essex Ave Unit 2
- 7729 S Essex Ave
- 7649 S Yates Blvd Unit 3
- 7737 S Kingston Ave Unit 3N
- 7743 S Kingston Ave
- 7759 S Kingston Ave
- 2540 E 78th St
- 2542 E 78th St
- 7654 S Colfax Ave Unit 2
- 7918 S Essex Ave Unit 1
- 7918 S Essex Ave Unit 3
- 7617 S Kingston Ave Unit 1A
- 7601 S Kingston Ave
- 7536 S Phillips Ave Unit New York Property nest Inc.
- 7748 S Saginaw Ave Unit 2
Ask me questions while you tour the home.