7400 S Phillips Avenue Chicago, IL ^$ 975,000

7400 S Phillips Avenue

^$ 975,000

Back to search

Recently Listed

7400 S Phillips Avenue

Chicago, IL, 60649

^$ 975,000

Bedrooms9 Baths0.0

Monthly Estimate*

^$ 6,003

7400 S Phillips Avenue, Chicago, IL 60649 - Image 1

7400 S Phillips Avenue, Chicago, IL 60649 - Image 2

7400 S Phillips Avenue, Chicago, IL 60649 - Image 3

7400 S Phillips Avenue, Chicago, IL 60649 - Image 4

7400 S Phillips Avenue, Chicago, IL 60649 - Image 5

7400 S Phillips Avenue, Chicago, IL 60649 - Image 6

7400 S Phillips Avenue, Chicago, IL 60649 - Image 7

7400 S Phillips Avenue, Chicago, IL 60649 - Image 8

Multi-Family Home for sale in Chicago, IL

for $975,000 with 9 bedrooms. This home was built in 1927.

7400 S Phillips Avenue presents a prime 15-unit multifamily opportunity in Chicago's South Shoreneighborhood, offering an attractive unit mix and strong in-place income. The building features 4 spacious 4-bed/2-bath units, 3 large 3-bed/1-bath units, and 8 well-appointed 2-bed/1-bath apartments, catering to families and working professionals seeking quality housing near the lakefront and public transit

Multi-Family Active

Price

^$ 975,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 17,735

Style

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12625128

Features

General

Year Built 1927

Stories Count 4

Tax Year 2024

Gross Income 195510

County Cook

Net Operating Income 88716

Operating Expense 106794

Insurance Expense 15000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 21000

Status Active

Directions South to Chicago Skyway (I-90 E). Exit at Stony Island Ave. South on Stony Island to 75th St. East on 75th St to Phillips Ave. North on Phillips Ave to property on west side of street.

City Chicago

Number Of Units Total 15

MLS Area CHI - South Shore

Tax Annual Amount 17735

Electric Expense 4320

Fuel Expense 0

Trash Expense 3600

Water Sewer Expense 7200

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 150x50

* Excluded Features

List By

33 Realty

Broker

bmond@33realty.com

Affordability Calculator

$7,481

Per Month

Monthly Principal & Interest: $6,003
Monthly Property Taxes: $1,478
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$613,490

Percent of Sale Price 37%

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
5/19/2026	$975,000		Listed Price

Map

More homes like this one

homes for you

See all

7400 S Phillips Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $975,000. 7400 S Phillips Avenue has 9 bedrooms, 0.0 baths, and was built in 1927. 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/26/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

7400 S Phillips Avenue

Multi-Family Home for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home