Active

$479,900

8010 Phillips Avenue, Chicago, IL 60617
9 Beds7 Baths7 days
8010 Phillips Avenue·Chicago, IL 60617
9Bedrooms
7Bathrooms
1926Year Built
About This Home

TURNKEY + VALUE-ADD opportunity in South Shore! REHAB/RENOVATION FINANCING REQUIRED due to the remaining work in the legal garden unit. This is a LEGAL 4-UNIT. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals, new bathrooms, kitchens, flooring and light fixtures. All three units are VACANT and ready to lease at current market rents, allowing the next owner to select their own tenants and start generating rental income immediately. The legal 4th garden unit is a 1-bedroom, 1-bath offering even more rental income once the remaining improvements are completed. The three large upper units are ready to rent and can help support the property's expenses while the final unit is completed. A 3-car garage plus basement common area offer additional income potential through garage parking and coin laundry. An excellent opportunity for an investor or owner-occupant. FHA 203(k), Fannie Mae HomeStyle or other qualifying renovation financing required. Sold As-Is.

MLS# 12771712Listed September 28, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms7
Total Rooms18

Size & Structure

Garage Spaces3
Year Built1926
Lot Size35X125

Location

CountyCook
TownshipLake
Zip Code60617

Financial

List Price$479,900
Annual Taxes (2025)$7,226
Monthly Tax Est.$602
Parcel #21311080320000
Interior Features

Heating

Natural GasForced AirSep Heating Systems - 2+

Basement

UnfinishedExterior EntryFullWalk-Out Access
Exterior & Lot

Construction

Brick

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$7,226
Tax Year 2025
Monthly Tax Est.
$602
per month
Property Location

8010 Phillips Avenue, Chicago, IL 60617 — Cook County

$479,900
8010 Phillips Avenue
9 bd7 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
3-car garage
35X125
$7,226/yr taxes
$3,124
estimated monthly payment
Principal & Interest
$2,522/mo
Property Tax
$602/mo
$479,900
20% — $95,980
3%50%
6.875%
3%12%
Loan Amount
$383,920
Down Payment
$95,980

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

Listed by
Smart Home Realty
Agent: Danica Matos
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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