ClosedPrice Reduced

$600,000

$700,000
7732 Phillips Avenue, Chicago, IL 60649
11 Beds7 Baths99 days
7732 Phillips Avenue·Chicago, IL 60649
11Bedrooms
7Bathrooms
1923Year Built
About This Home

Welcome to 7732 S. Phillips - an exceptionally large jumbo brick building offering over 7,500 square feet of living space plus an additional oversized storage room adjacent to the basement level. This is one of the largest multi-unit buildings in the neighborhood and presents a rare opportunity for both investors and owner-occupants seeking strong rental income and modern updates throughout. The property features three spacious residential units plus a beautifully finished garden-level living space that can serve perfectly as owner's quarters, extended living space, or additional income potential. The building has undergone extensive renovations with updated plumbing, electrical, and HVAC systems, along with modern kitchens and beautifully updated bathrooms featuring sleek contemporary finishes. Additional improvements include newer windows, roof, beautifully refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added tenant convenience. The expansive unit layouts provide oversized living areas and generous bedroom sizes rarely found in today's market. With projected rental income of approximately $2500 per month for each of the three above-grade units, creating exceptional cash-flow potential in a rapidly appreciating area. Whether you are looking to house hack, expand your investment portfolio, or own one of the premier buildings in the neighborhood, 7732 S. Phillips delivers scale, functionality, and long-term upside. Massive square footage. Updated systems. Modern finishes. Strong income potential. A truly unique opportunity.

MLS# 12660519Listed June 2, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms11
Total Bathrooms7
Total Rooms24

Size & Structure

Garage Spaces2
Year Built1923
Lot Size3720

Location

CountyCook
TownshipSouth Chicago
Zip Code60649

Financial

List Price$600,000
Original Price$700,000
Annual Taxes (2023)$3,109
Monthly Tax Est.$259
Parcel #21303180210000
Interior Features

Heating

Forced AirSteam

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$3,109
Tax Year 2023
Monthly Tax Est.
$259
per month
Price Reduced by $100,000
Original list price: $700,000
Property Location

7732 Phillips Avenue, Chicago, IL 60649 — Cook County

$600,000
7732 Phillips Avenue
11 bd7 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
99 days on market
2-car garage
3720
$3,109/yr taxes
Price reduced $100,000
$3,412
estimated monthly payment
Principal & Interest
$3,153/mo
Property Tax
$259/mo
$600,000
20% — $120,000
3%50%
6.875%
3%12%
Loan Amount
$480,000
Down Payment
$120,000

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

Listed by
Berg Properties
Agent: Scott Berg
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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