7825 S Phillips Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $2,588/month
Total Views
1,524
9
Beds
6
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Welcome to 7825 S Phillips Ave in the revitalized South Shore neighborhood- a prime choice for investors or buyers seeking both lifestyle and income potential. This property is a legal 3-flat, with each spacious unit offering 3 bedrooms and 2 baths. The property's updates include newer windows. A full spacious basement, with a 3-car garage with a driveway which provides secure parking- a rare find in the city. Location is a standout, with the Metra Cottage Grove Station just 3.7 miles away, connecting tenants quickly to downtown Chicago. For recreation, the nearby South Shore Beach and Cultural Center offers a beach, nature sanctuary, and event venues, adding year-round activities that appeal to a wide range of renters. Plus, with Midway Airport within a 23-minute drive, this property combines convenience with lifestyle appeal. Whether you're a first-time investor or looking to expand your portfolio, this is an exciting, income-generating property in a neighborhood with increasing demand. Don't miss your chance to own in South Shore- your tenants will love the amenities, and you'll love the returns!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,321
Year Built
- Built in 1928
Parking
- 3 Car Garage
- Parking Included in Price
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Schools
- Bradwell Comm Arts & Sci Element Elementary School
- Canter Middle School
- John Hope College Preparatory Se High School
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 125x40
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Gross Income $50,400
Listing and Financial Details
- Homeowner Tax Exemptions
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $425,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12331198
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