7965 S Phillips Ave Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $2,773/month
Highlights
- Property is near park
- Paved or Partially Paved Lot
- 4-minute walk to Eckersall (Walter Herbert) Park
- 3 Car Detached Garage
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
| 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
| 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 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12373233
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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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- 7937 S Luella Ave
- 7955 S Colfax Ave
- 8123 S Kingston Ave
- 7927 S Colfax Ave
- 8009 S Phillips Ave Unit 2
- 8010 S Phillips Ave Unit 3
- 7948 S Essex Ave
- 8028 S Phillips Ave Unit 3F
- 7918 S Essex Ave Unit 1
- 7918 S Essex Ave Unit 3
- 7932 S Kingston Ave Unit 1S
- 8036 S Kingston Ave
- 8100 S Essex Ave
- 2306 E 80th St Unit 1W
- 7937 S Crandon Ave
- 7822 S Kingston Ave Unit 1
- 7831 S Kingston Ave Unit 2
- 7800 S Yates Blvd Unit 2
- 2444 E 78th St Unit 3
- 7754 S Yates Blvd
- 7840 S Saginaw Ave
- 8153 S Colfax Ave Unit 8155-2
- 7759 S Kingston Ave
- 7926 S Luella Ave Unit 1B
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