Otis Lazich
Capital Investment Realty Group Inc
(630) 895-7685
172 Total Sales
2 in South Shore
$222K - $238K Price Range
7721 S Phillips Ave Chicago, IL 60649
South Shore Neighborhood
9
Beds
6
Baths
--
Sq Ft
3,485
Sq Ft Lot
About This Home
As of November 2025A must-see investment opportunity! This spacious 3-flat offers excellent rental income potential. Fully rehabbed in 2018, each unit boasts 3 large bedrooms, 1.5 baths, hardwood floors, and high ceilings that enhance the bright, airy feel throughout. Updated features include granite countertops, stainless steel appliances, and stylish bathrooms, complemented by neutral tones that suit any decor. Washer/dryer available in each unit in as-is condition. The 2nd floor unit is occupied by long-term tenants on month-to-month leases, providing immediate income with room for rental increases. The 1st and 3rd floor unit are vacant and available for showings. Each unit has potential for higher rents. Building is being Sold As-Is.
Last Agent to Sell the Property
Realty One Chicago LLC License #471023179 Listed on: 03/11/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,811
Year Built
- Built in 1922
Lot Details
- 3,485 Sq Ft Lot
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Community Details
- 3 Units
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Shore, IL
-
Otis Lazich
-
Pawel Czauderna
Pawel Czauderna
Leader Realty, Inc.
(224) 765-0998
116 Total Sales
1 in South Shore
$255,000 Price
-
Valerie Wright
Valerie Wright
RE/MAX Premier
(855) 798-0256
23 Total Sales
3 in South Shore
$45K - $85K Price Range
-
Portia Hawkins
Portia Hawkins
Phenomenal Properties Inc
(877) 629-2857
30 Total Sales
7 in South Shore
$55K - $480K Price Range
-
Reginald Patterson
Reginald Patterson
eXp Realty
(773) 830-6144
102 Total Sales
3 in South Shore
$57K - $450K Price Range
-
Tamika Bishop
Tamika Bishop
Coldwell Banker Realty
(224) 479-1963
63 Total Sales
1 in South Shore
$250,000 Price
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 |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | Sold | $389,900 | 0.0% | -- |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 07/21/2025 07/21/25 | For Sale | $389,900 | 0.0% | -- |
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $389,900 | 0.0% | -- |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | For Sale | $389,900 | 0.0% | -- |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 03/11/2025 03/11/25 | For Sale | $389,900 | -- | -- |
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 | $32,100 | $2,790 | $29,310 |
| 2024 | $3,811 | $32,100 | $2,790 | $29,310 |
| 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 | $4,339 | $19,479 | $3,348 | $16,131 |
| 2019 | $1,045 | $5,201 | $3,348 | $1,853 |
| 2018 | $4,323 | $21,887 | $3,348 | $18,539 |
| 2017 | $4,819 | $22,384 | $2,976 | $19,408 |
| 2016 | $4,483 | $22,384 | $2,976 | $19,408 |
| 2015 | $4,102 | $22,384 | $2,976 | $19,408 |
| 2014 | $4,015 | $21,640 | $2,604 | $19,036 |
| 2013 | $3,936 | $21,640 | $2,604 | $19,036 |
Source: Public Records
Agents Affiliated with this Home
-
Waldemar Komendzinski
Seller's Agent in 2025
Waldemar Komendzinski
Realty One Chicago LLC
(815) 630-1998
3 in this area
68 Total Sales
-
James Mason
Buyer's Agent in 2025
James Mason
Kale Realty
(312) 687-3256
1 in this area
4 Total Sales
-
TL
Seller's Agent in 2015
Tim Litchford
Owners.com
-
Dianna Voss
DV
Buyer's Agent in 2015
Dianna Voss
Coldwell Banker Realty
(312) 266-7000
4 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12309147
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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