Closed

$389,900

7721 Phillips Avenue, Chicago, IL 60649
9 Beds6 Baths142 days
7721 Phillips Avenue·Chicago, IL 60649
9Bedrooms
6Bathrooms
1922Year Built
About This Home

A must-see investment opportunity! This spacious 3-flat offers excellent rental income potential. Fully rehabbed in 2018, each unit boasts 3 large bedrooms, 1.5 baths, hardwood floors, and high ceilings that enhance the bright, airy feel throughout. Updated features include granite countertops, stainless steel appliances, and stylish bathrooms, complemented by neutral tones that suit any decor. Washer/dryer available in each unit in as-is condition. The 2nd floor unit is occupied by long-term tenants on month-to-month leases, providing immediate income with room for rental increases. The 1st and 3rd floor unit are vacant and available for showings. Each unit has potential for higher rents. Building is being Sold As-Is.

MLS# 12309147Listed March 11, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms6
Total Rooms18

Size & Structure

Garage Spaces2
Year Built1922
Lot Size0.080 acres

Location

CountyCook
TownshipHyde Park
Zip Code60649

Financial

List Price$389,900
Annual Taxes (2023)$3,811
Monthly Tax Est.$318
Parcel #21303190050000
Interior Features

Heating

Other

Basement

UnfinishedFull
Exterior & Lot

Construction

Frame

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Other

Water Source

Other

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$3,811
Tax Year 2023
Monthly Tax Est.
$318
per month
Property Location

7721 Phillips Avenue, Chicago, IL 60649 — Cook County

$389,900
7721 Phillips Avenue
9 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
142 days on market
2-car garage
0.080 acres
$3,811/yr taxes
$2,367
estimated monthly payment
Principal & Interest
$2,049/mo
Property Tax
$318/mo
$389,900
20% — $77,980
3%50%
6.875%
3%12%
Loan Amount
$311,920
Down Payment
$77,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Landmark Realtors
Agent: Waldemar Komendzinski
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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