7641 S Phillips Avenue Chicago, IL $ 560,000
7641 S Phillips Avenue
$ 560,000
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7641 S Phillips Avenue

Chicago, IL, 60649
$ 560,000
Bedrooms9 Baths3.0 Sq 4,464

Monthly Estimate*

$ 3,448

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Multi-Family Home for sale in Chicago, IL

for $560,000 with 9 bedrooms and 3 full baths. This 4,464 square foot home was built in 1925.

This condo-like gated 3-unit brick building in desirable South Shore is perfect for the right homebuyer or investor. All 3 spacious apartments consist of 3 large bedrooms, a formal dining room and beautifully restored hardwood floors. Some of the many upgrades and updates include separate heating systems and water heaters, a new roof on both the apartment building and garage, a rebuilt back porch, new copper and waste plumbing lines and updated electrical. In addition, the updated kitchens include quartz countertops and all new stainless steel appliances. All bathrooms have been updated with new fixtures and tiles. They're also equipped with jetted tubs for soothing those sore muscles. Throughout the units, there's new flooring as well as some new windows. In other words, the repair and maintenance issues have been addressed. For additional income, the laundry hook-up is located in the basement, and there's 1 garage space/unit. For the savvy buyer with vision, the basement serves as a great value add in terms of more rental income. Conveniently located close to Rainbow Beach, the Obama Library, Hyde Park, public transportation. Places of worship, schools, restaurants, shopping are nearby. Schedule your appointment today!

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Multi-Family Active

Price

$ 560,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,600

Style

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12627060

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air Sep Heating Systems - 2+
Possession Closing
Garage Spaces 3
Construction Materials Brick
Year Built 1925
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions Take 76th St to Phillips Ave turn South onto Phillips to property.
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 3600
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 9
Total Baths 3
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Detached Garage
Water Source Lake Michigan Public
Total Parking 3
Lot Dimensions 3720
Waterfront Y/N N
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* Excluded Features
List By
Century 21 Impact

Broker

jaivabirch@yahoo.com

Email

Affordability Calculator

$3,748
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,448
Monthly Property Taxes
$300
Monthly Home Insurance
--
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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$560,000 Listed Price

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7641 S Phillips Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $560,000 with 4,464 sqft. 7641 S Phillips Avenue has 9 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 60649 which is in Chicago, IL