8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
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8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
8016 S Phillips Avenue
Sold

8016 S Phillips Avenue

8016 S Phillips Avenue, Chicago, IL 60617

$750,000
The best & easiest investment in Chicago! Start making cash on Day 1. Each unit is 3 bed/2 bath, designed to maximize the rental income. Building is fully rented. Rents are at the top of the market, & the building is fully occupied. All the work has been done. Each unit has its own furnace with forced gas heat. Each unit has its own elec/gas meter. New roof, windows, tuckpointing, exterior stairs, & electrical. Perfect for even the most conservative investor. Get in on the ground floor of this fast-moving area. The total square footage for each apartment is about 1,300. The basement is ready to be finished off for another rental, or coin laundry for added cash flow. Out back is a great detached brick 4 car garage. Close proximity to the Obama Center, University of Chicago, Lake Michigan, & downtown. This building is perfect for your buyer. Nothing to do on this property except sit back & watch your investment grow.

0.19 Acres lot

Brian Murphy

Brian Murphy

Features & Amenities

Area & Lot

  • Status Sold
  • Lot Area0.19 Acres
  • MLS® ID11374281
  • TypeCOMMERCIAL
  • YEAR BUILT1931

Exterior

  • STORIES3
  • SubstructureBrick

Financial

  • Sales Price$750,000
  • Real Estate Tax $4,514/yr
  • Zoning MULTI

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