Seller's Agent in 2026
Scott Berg
Berg Properties
(773) 960-2462
6 in this area
555 Total Sales
7741 S Phillips Ave Chicago, IL 60649
South Shore Neighborhood
9
Beds
3
Baths
5,658
Sq Ft
1926
Built
Highlights
- 3 Car Detached Garage
- Forced Air Heating System
- Heating System Uses Steam
About This Home
As of June 2026Welcome to beautifully renovated 7741 S. Phillips Ave - a stunning, fully gut-rehabbed multi-unit property where everything has been rebuilt from the studs with exceptional craftsmanship and modern high-end finishes throughout. This massive building offers oversized units with spacious layouts, each featuring 3 large bedrooms, 1 beautifully designed bathroom, and in-unit laundry hookups for ultimate tenant convenience. No detail was overlooked in this complete transformation. Improvements include all new framing, insulation, plumbing, electrical, HVAC systems, roof, windows, flooring, kitchens, bathrooms, fixtures, and mechanicals. The property blends modern style with functional design, creating a truly turnkey investment opportunity or ideal owner-occupant property. Each unit showcases gorgeous kitchens with brand-new stainless steel appliances, stylish cabinetry, updated countertops, and contemporary finishes throughout. The bathrooms feature beautiful tile work and modern fixtures, while the basement includes brand-new drain tile for added peace of mind and long-term value. With strong projected rental income of approximately $2,200 per unit, this property offers excellent cash-flow potential in a rapidly appreciating area. Whether you're an investor looking for a low-maintenance asset or an owner-occupant seeking luxury living with rental income, this property checks every box. Completely rebuilt. Fully turnkey. Massive units. Modern finishes. Strong income potential. A rare opportunity you do not want to miss.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,811
Year Built
- Built in 1926 | 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
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
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|---|
| 06/05/2026 06/05/26 | Sold | $685,000 | 0.0% | $121 / Sq Ft | |
| 05/15/2026 05/15/26 | Pending | -- | -- | -- | |
| 05/12/2026 05/12/26 | For Sale | $685,000 | +185.5% | $121 / Sq Ft | |
| 10/09/2025 10/09/25 | Sold | $239,900 | 0.0% | $42 / Sq Ft | View Prior Sale |
| 09/09/2025 09/09/25 | Pending | -- | -- | -- | |
| 09/06/2025 09/06/25 | For Sale | $239,900 | -- | $42 / Sq Ft |
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 | $3,811 | $38,100 | $2,790 | $35,310 |
| 2024 | $3,811 | $38,100 | $2,790 | $35,310 |
| 2023 | $3,702 | $18,000 | $4,650 | $13,350 |
| 2022 | $3,702 | $18,000 | $4,650 | $13,350 |
| 2021 | $3,620 | $18,000 | $4,650 | $13,350 |
| 2020 | $4,578 | $20,552 | $3,348 | $17,204 |
| 2019 | $4,692 | $23,355 | $3,348 | $20,007 |
| 2018 | $4,613 | $23,355 | $3,348 | $20,007 |
| 2017 | $4,885 | $22,694 | $2,976 | $19,718 |
| 2016 | $3,388 | $22,694 | $2,976 | $19,718 |
| 2015 | $3,678 | $22,694 | $2,976 | $19,718 |
| 2014 | $3,664 | $22,318 | $2,604 | $19,714 |
| 2013 | $3,581 | $22,318 | $2,604 | $19,714 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Berg
-
Melanie Giglio-Vakos
Buyer's Agent in 2026
Melanie Giglio-Vakos
Compass
(312) 953-4998
1 in this area
580 Total Sales
-
Stratos Rounis
S
Seller's Agent in 2025
Stratos Rounis
SR Realty Group Inc.
(847) 878-1610
5 in this area
303 Total Sales
-
Louie Psyhogios
Buyer's Agent in 2025
Louie Psyhogios
SR Realty Group Inc.
(847) 789-6604
3 in this area
61 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12645351
APN: 21303190110000
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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