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Open House Times
- Sun. Aug. 30 at 12:00pm to 2:00pm
About the Listing 87525 - 138020
TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property's overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is
Listing Highlights
Interior Details
- Bedrooms: 9
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air,Sep Heating Systems - 2+
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Exterior Entry,Full,Walk-Out Access
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 3 car
- Parking Spaces: 3
- Lot Dimensions: 35X125
- Zoning: MULTI
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $7,226
- Taxes w/Assessments: N/A
- Tax/Property ID: 21311080320000
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
8010 S Phillips Ave Chicago, IL 60617
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