7608 - 10 S Phillips Avenue Chicago, IL ^$ 390,000

7608 - 10 S Phillips Avenue

^$ 390,000

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7608 - 10 S Phillips Avenue

Chicago, IL, 60649

^$ 390,000

Bedrooms7 Baths0.0 Sq 10,236

Monthly Estimate*

^$ 2,401

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Multi-Family Home for sale in Chicago, IL

for $390,000 with 7 bedrooms. This 10,236 square foot home was built in 1925 on a lot size of 0.150872.

AN ADDITIONAL $30,000 PRICE REDUCTION BY SELLER IS IN EFFECT!!! Prime South Shore 6-Unit Investment Opportunity! Located at 7608-10 S Phillips, Chicago, IL 60649, this solid brick 6-unit building has reverted to multifamily rental in ongoing court case offering a fantastic value-add opportunity. Each spacious unit features 3-4 bedrooms, 2 bathrooms, hardwood floors, formal dining rooms and open rear porches, with select units boasting open floor plans. The property includes a full unfinished basement and two garages (one 2-car, one 3-car). Situated in the rapidly developing South Shore neighborhood, it is close to the Obama Presidential Center, Jackson Park, Metra, CTA, and the Lake Michigan. A prime opportunity for investors seeking strong rental income potential in a high-demand area! Sold AS-IS. All offers subject to judicial approval.

Multi-Family Contingent

Price

^$ 390,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 99,999

Style

Lot Size

0.150872

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12309243

Features

General

Cooling None

Association Fee Includes None

Construction Materials Brick

Year Built 1925

Electric Circuit Breakers

Stories Count 3

Tax Year 2023

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Multi Family 5+

Contingency Financing

MaintenanceExpense 0

Status Contingent

Directions Yates Blvd to 76th St east one street to Phillips Ave then south to address

City Chicago

Number Of Units Total 6

MLS Area CHI - South Shore

Lot Size Square Feet 6572

Tax Annual Amount 99999

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active Under Contract

Interior

Basement Unfinished

Total Fireplaces 0

Exterior

Water Source Municipal Water

Building Area Total 10236

Lot Dimensions 50 X 131

Frontage Type City Street

* Excluded Features

List By

Rlb Realty Group, Inc.

Broker

ronald.branch@rlbrealtygroup.com

Affordability Calculator

$10,735

Per Month

Monthly Principal & Interest: $2,401
Monthly Property Taxes: $8,333
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$590,787

Percent of Sale Price 51%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/21/2025	$390,000	-7.14%	Price Down
6/4/2025	$420,000	-6.67%	Price Down
3/12/2025	$450,000		Listed Price

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7608 - 10 S Phillips Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $390,000 with 10,236 sqft and a lot size of 0.150872. 7608 - 10 S Phillips Avenue has 7 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 60649 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 1/9/2026.

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7608 - 10 S Phillips Avenue

Multi-Family Home for sale in Chicago, IL

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