Active

$420,000

7751 Phillips

Chicago, IL 60649

7
Bedrooms
4
Bathrooms
Sq Ft
1923
Year Built

About This Property

Well-maintained multi-unit property located on a residential block on Chicago's South Shore neighborhood. The building features multiple income-producing units with functional layouts and separate living spaces. Utilities are separately metered, offering simplified management and expense control. Units feature practical floor plans, natural light, and durable finishes. Current rents are below market, providing a clear value-add opportunity through rent optimization and targeted improvements. Mechanical systems and utilities are configured for multi-unit use. Exterior offers a solid structure with low-maintenance materials. Property presents strong long-term rental demand and operational upside for both owner-occupants and investors. Convenient access to major transportation routes, neighborhood amenities, and employment centers. Ideal for investors seeking stable cash flow with upside potential in an established Chicago neighborhood. Interior photos coming soon.

MLS# MRD12560835Listed 2/3/2026Residential Income

Property Details

Interior Features

Stories
Cooling
HeatingRadiantRadiator(s)
Garage SpacesOff AlleyAlley AccessYesOwned

Location & Exterior

CountyCook
Subdivision
Lot Size

School Information

Elementary
Middle School
High School

Property Location

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Property Summary

Price
$420,000
Location
Chicago, IL
Property Type
Residential Income
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Equal Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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