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7641 S Phillips Ave, Chicago, IL, 60649

9beds
3baths
--sqft
$560,000
--price/sqft
$4,797/moest. monthly cost
$191,880/yrincome needed

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 consist of 3 large bedrooms, a formal dining room and beautifully restored hardwood floors. Some of the many upgrades and updates include separate heating systems and water heaters, a new roof on both the apartment building and garage, a rebuilt back porch, new copper and waste plumbing lines and updated electrical. In addition, the updated kitchens include quartz countertops and all new stainless steel appliances. All bathrooms have been updated with new fixtures and tiles. They're also equipped with jetted tubs for soothing those sore muscles. Throughout the units, there's new flooring as well as some new windows. In other words, the repair and maintenance issues have been addressed. For additional income, the laundry hook-up is located in the basement, and there's 1 garage space/unit. For the savvy buyer with vision, the basement serves as a great value add in terms of more rental income. Conveniently located close to Rainbow Beach, the Obama Library, Hyde Park, public transportation. Places of worship, schools, restaurants, shopping are nearby. Schedule your appointment today!

Getting Around

77
WalkingVery Walkable
66
TransitGood Transit
50
BikeBikeable

Construction

Condition

  • Year built: 1925

Materials

  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Natural Gas,Forced Air,Sep Heating Systems - 2+

Property

Details

  • Parcel number: 21303080110000
  • Special condition: None

Lot

  • Lot size: 3,720 sqft

Parking

  • Total spaces: 3
  • Parking features: Yes,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3