7641 S Phillips Avenue, Chicago, IL 60649
Local realty services provided by:CENTURY 21 New Beginnings
7641 S Phillips Avenue,Chicago, IL 60649
$600,000
- 9 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:
Office: century 21 impact
MLS#:12737828
Source:MLSNI
Price summary
- Price:$600,000
About this home
This condo-like gated 3-unit brick building in desirable South Shore is perfect for the right homebuyer or investor. All 3 spacious apartments feature 3 large bedrooms, formal dining rooms, and beautifully restored hardwood floors. Recent updates include separate heating systems and water heaters, new roof on both the apartment building and garage, rebuilt back porch, new copper and waste plumbing lines, updated electrical, and new flooring and windows. Updated kitchens feature quartz countertops and stainless steel appliances, while all bathrooms have been refreshed with new fixtures and tile, including jetted tubs. Each unit now also has its own washer/dryer hookups and central A/C. The full basement offers excellent value-add potential. The property is located within an approved zoning area to add a legal 4th unit in the basement, which already has the required ceiling height as well as both front and rear entrances. The basement also offers additional storage and income potential. There is 1 garage space per unit. Conveniently located near Rainbow Beach, the Obama Library, public transportation, places of worship, schools, restaurants, and shopping. A great opportunity for an investor or owner looking to maximize rental income and future potential. Schedule your appointment today!...
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Home facts
- Year built:1925
- Listing ID #:12737828
- Updated:September 10, 2026 at 08:48 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:18
- Basement Description:Full, Partially Finished
Heating and cooling
- Heating:Forced Air, Natural Gas, Sep Heating Systems - 2+
Structure and exterior
- Year built:1925
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$600,000
- Tax amount:$7,103 (2025)
Parking
- Total parking spaces:3
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:3
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