7741 S Phillips Ave

Chicago, IL 60649
  • $685,000

    Price
  • 9

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 16645 - 162880,114206

Welcome to beautifully renovated 7741 S. Phillips Ave - a stunning, fully gut-rehabbed multi-unit property where everything has been rebuilt from the studs with exceptional craftsmanship and modern high-end finishes throughout. This massive building offers oversized units with spacious layouts, each featuring 3 large bedrooms, 1 beautifully designed bathroom, and in-unit laundry hookups for ultimate tenant convenience. No detail was overlooked in this complete transformation. Improvements include all new framing, insulation, plumbing, electrical, HVAC systems, roof, windows, flooring, kitchens, bathrooms, fixtures, and mechanicals. The property blends modern style with functional design, creating a truly turnkey investment opportunity or ideal owner-occupant property. Each unit showcases gorgeous kitchens with brand-new stainless steel appliances, stylish cabinetry, updated countertops, and contemporary finishes throughout. The bathrooms feature beautiful tile work and modern fixtures, while the basement includes brand-new drain tile for added peace of mind and long-term value. With strong projected rental income of approximately $2,200 per unit, this property offers excellent cash-flow potential in a rapidly appreciating area. Whether you're an investor looking for a low-maintenance asset or an owner-occupant seeking luxury living with rental income, this property checks every box. Completely rebuilt. Fully turnkey. Massive units. Modern finishes. Strong income potential. A rare opportunity you do not want to miss.

Listing Highlights

Status Pending
Days on Site 19
Property Type Multi-Family
MLS ® 12645351
Year Built 1926
Total Square Footage 0
Lot/Acreage 3720
County Cook
School District 299

Interior Details

  • Bedrooms: 9
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Steam
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Lot Dimensions: 3720
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $3,811
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 21303190110000
  • Tax Year: 2023

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7741 S Phillips Ave Chicago, IL 60649

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Originating MLS: mred

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