See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

7965 S Phillips Ave, Chicago, IL, 60617

9beds
7baths
--sqft
$439,900
--price/sqft
$3,366/moest. monthly cost
$134,640/yrincome needed

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."

Getting Around

65
WalkingSomewhat Walkable
63
TransitGood Transit
51
BikeBikeable

Construction

Condition

  • Year built: 1927

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Partial

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 7
  • Full bathrooms: 4
  • 1/2 bathrooms: 3

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 21311090040000
  • Zoning: MULTI
  • Special condition: List Broker Must Accompany

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 35 X 124

Parking

  • Total spaces: 5
  • Parking features: Garage Door Opener,Yes,Garage Owned,Detached,Off Alley,Owned,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,224$26,688
Home Insurance *$378$4,536
Property Taxes $634$7,608
Electricity $130$1,569
Total$3,366$40,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,405/yr
40% on housing$100,980/yr
45% on housing$89,760/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60617$124
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60617$160
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2021-04-01Sold$302,900
2021-02-09Pending sale$299,900
2021-02-09Contingent$299,900
2021-01-20Price change$299,900
2017-10-16Listed for sale$236,900

For Sale by Agent

AgentKeith Carthans
BrokerageCentury 21 S.G.R., Inc.

Similar Homes