7965 S Phillips Ave Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $2,875/month
Highlights
- Property is near park
- 3 Car Detached Garage
- Paved or Partially Paved Lot
About This Home
Explore a distinctive investment opportunity nestled in the heart of Chicago's vibrant and growing South Shore neighborhood. This fully-rented brick 4-unit is the perfect turnkey investment. The property offers easy access to public transportation, scenic parks, local amenities, and is just minutes away from the lakefront. The building includes a detached 3-car garage with 2 additional parking spaces. Property offers both convenience and potential in an up-and-coming area. Being sold "as-is."
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,483
Year Built
- Built in 1927
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 35 x 124
- Paved or Partially Paved Lot
Parking
- 3 Car Detached Garage
- Parking Available
- Garage Door Opener
- Off Alley Parking
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 7 Bathrooms
Schools
- Coles Elementary School Language
- South Shore Community Academy Se High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Partial Basement
- Property is near park
Community Details
- 4 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 | $5,483 | $35,800 | $3,255 | $32,545 |
| 2024 | $5,483 | $35,800 | $3,255 | $32,545 |
| 2023 | $5,345 | $25,987 | $4,340 | $21,647 |
| 2022 | $5,345 | $25,987 | $4,340 | $21,647 |
| 2021 | $5,226 | $25,987 | $4,340 | $21,647 |
| 2020 | $4,220 | $18,942 | $4,340 | $14,602 |
| 2019 | $4,374 | $21,773 | $4,340 | $17,433 |
| 2018 | $4,301 | $21,773 | $4,340 | $17,433 |
| 2017 | $5,315 | $24,692 | $3,906 | $20,786 |
| 2016 | $4,946 | $24,692 | $3,906 | $20,786 |
| 2015 | $4,525 | $24,692 | $3,906 | $20,786 |
| 2014 | $4,474 | $24,113 | $3,038 | $21,075 |
| 2013 | $4,386 | $24,113 | $3,038 | $21,075 |
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 |
|---|---|---|---|---|---|
| 10/06/2025 10/06/25 | Price Changed | $439,900 | -2.2% | -- | |
| 07/30/2025 07/30/25 | Price Changed | $449,900 | -2.2% | -- | |
| 05/23/2025 05/23/25 | For Sale | $459,900 | +51.8% | -- | |
| 04/01/2021 04/01/21 | Sold | $302,900 | +1.0% | -- | View Prior Sale |
| 02/09/2021 02/09/21 | Pending | -- | -- | -- | |
| 01/20/2021 01/20/21 | For Sale | $299,900 | -- | -- |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $303,000 | Affinity Title Services Llc | |
| Warranty Deed | $85,000 | None Available | |
| Deed | -- | -- | |
| Warranty Deed | $140,000 | Attorneys Natl Title Network |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $210,690 | New Conventional | |
| Previous Owner | $82,845 | FHA | |
| Previous Owner | $50,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12373233
- 8023 S Yates Blvd
- 7961 S Essex Ave
- 8035 S Essex Ave
- 7935 S Essex Ave
- 7914 S Essex Ave
- 7909 S Essex Ave
- 7935 S Kingston Ave
- 1719 E 79th St
- 7840 S Essex Ave
- 7948 S Colfax Ave
- 7927 S Colfax Ave
- 8155 S Essex Ave
- 7839 S Kingston Ave
- 7930 S Luella Ave
- 8015 S Paxton Ave
- 7751 S Phillips Ave
- 8037 S Paxton Ave
- 7915 S Saginaw Ave Unit F
- 7741 S Yates Blvd
- 7741 S Oglesby Ave
- 7953 S Essex Ave Unit 2
- 7935 S Essex Ave Unit 2
- 7918 S Essex Ave Unit 3
- 7825 S Yates Ave
- 7825 S Yates Blvd
- 7821 S Phillips Ave Unit 3
- 8050 S Saginaw Ave
- 8056 S Luella Ave
- 7833 S Colfax Ave Unit 3s
- 7833 S Colfax Ave
- 7831 S Colfax Ave Unit 7833 s Colfax ave
- 7741 S Phillips Ave Unit 2
- 7741 S Yates Blvd Unit 3
- 8153 S Colfax Ave Unit 2nd Flr
- 7759 S Kingston Ave
- 2540 E 78th St
- 8030 S Paxton Ave Unit 3
- 2542 E 78th St
- 7730 S Essex Ave Unit 2
- 7743 S Kingston Ave
Ask me questions while you tour the home.