7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
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7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
7640 S Phillips Avenue
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7640 S Phillips Avenue
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7640 S Phillips Avenue
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7640 S Phillips Avenue
7640 S Phillips Avenue
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7640 S Phillips Avenue

7640 S Phillips Avenue, Chicago, IL 60649

$430,000
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.

9
beds

5
baths

4,791.6 Sq.Ft. lot

Carl Johnson

Carl Johnson

Features & Amenities

Interior

  • total bedrooms9
  • Total bathrooms5

Area & Lot

  • Status Sold
  • Lot Area4,791.6 Sq.Ft.
  • MLS® ID12196509
  • TypeMulti-Family
  • YEAR BUILT1926
  • Architecture StylesAmerican 4-Sq
  • Middle SchoolBradwell Comm Arts & Sci Element
  • High SchoolSouth Shore Community Academy Se
  • School District299

Exterior

  • Garage Space3.0
  • water SourceLake Michigan, Public
  • roofRubber
  • lot featuresCommon Grounds, Fenced Yard
  • HEAT TYPENatural Gas, Forced Air
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$430,000
  • Real Estate Tax $4,023/yr
  • Zoning MULTI

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CENTURY 21 SGR has the knowledge and experience to help you. Whether buying or selling a single family home, condo, townhouse, loft, investment or commercial property, you can rely on us.

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