Residential Income for Sale: 7640 S Phillips, Chicago, IL 60649
9 beds
$435,000
$435,000
7640 S Phillips,
Chicago, IL 60649
9 beds
$435,000
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Price:
$435,000
Est. payment: Skip to Mortgage Calculator
Type Residential Income
Style American 4-Sq.
Beds 9
Lot Size 0.11 acres
Year Built 1926
City Chicago
County Cook
School District 299
MLS 12196509
Status Active Under Contract
Discover a unique investment opportunity in Chicago's South Shore! Are you searching for a prime investment opportunity in one of Chicago's vibrant neighborhoods? Look no further than this jumbo-sized, 3-unit building located in the heart of South Shore. This property is not just a place to live; it is a strategic investment with features that cater to both owner-occupiers and savvy investors. Spacious units: Each unit boasts generous bedroom sizes, perfect for comfortable living. Modern amenities: Enjoy the convenience of central heat and air conditioning, with 2020 AC units ensuring efficiency and comfort. Recent upgrades: The building features a newer roof installed in 2019, garage roof in 2019, along with tuckpointing, gutters, and downspouts completed in 2019, ensuring durability and reduced maintenance costs. Hardwood floors and fresh paint: All units are adorned with beautiful hardwood floors and have been recently painted, offering a fresh and modern aesthetic. Bonus room: An enclosed back porch provides additional space, perfect for a home office or relaxation area. Tenant-paid utilities: Each unit is equipped with washer/dryer hookups, and tenants are responsible for their own utilities, maximizing your investment return. Ample parking: A detached 3 car garage offers secure parking and additional storage space. Investment potential: This property is ideal for investors looking to capitalize on the rental market, or for those seeking a home with income potential. With tenants paying utilities and the property's strategic location, you can expect a steady cash flow and potential appreciation over time. Location benefits: South Shore is a dynamic community known for its cultural diversity and proximity to Lake Michigan. Residents enjoy easy access to public transportation, parks, and local amenities, making it a desirable location for renters and homeowners alike. Do not miss out on this exceptional opportunity to own a piece of Chicago's thriving real estate market. Whether you are looking to expand your investment portfolio or find a home that pays for itself, this property is a must-see.
Room Features
Basement Description Finished, Exterior Access
Lot & Building Features
Architecture American 4-Sq.
Heating Forced Air, Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan, Public
Lot Dimensions 40 X 124 ft
Community and Schools
Elementary School 299
Junior High School Bradwell Comm Arts & Sci Element
Senior High School South Shore Community Academy Se
Price History of 7640 Phillips, Chicago, IL
| Date | Name | Price | Difference |
|---|---|---|---|
| 12/31/1969 | Listing Price | $435,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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Listed by Century 21 S.G.R., Inc., Carl Johnson
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7640 Phillips (MLS #12196509) is a american 4-sq. residential income listing located in Chicago, IL. This residential income listing on a lot of 4,792 sqft (or 0.11 acres) with 9 bedrooms, 5 baths and is 91-100 Years years old. This property was listed on 10/25/2024 and has been priced for sale at $435,000.
 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Century 21 S.G.R., Inc. |