7600 S Phillips Avenue Chicago, IL ^$ 1,050,000

7600 S Phillips Avenue

^$ 1,050,000

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Recently Listed

7600 S Phillips Avenue

Chicago, IL, 60649

^$ 1,050,000

Bedrooms6 Baths0.0

Monthly Estimate*

^$ 6,465

7600 S Phillips Avenue, Chicago, IL 60649 - Image 1

7600 S Phillips Avenue, Chicago, IL 60649 - Image 2

7600 S Phillips Avenue, Chicago, IL 60649 - Image 3

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7600 S Phillips Avenue, Chicago, IL 60649 - Image 7

Multi-Family Home for sale in Chicago, IL

for $1,050,000 with 6 bedrooms. This home was built in 1927.

7600 S Phillips Avenue offers a compelling 14-unit multifamily investment in Chicago's South Shore neighborhood, strong fundamentals and long-term upside. The building features a desirable mix of unit layouts, including one one-bedroom unit, eight two-bedroom units, and five three bedroom units, appealing to a broad tenant base seeking spacious housing in a well-established lakefront-adjacent community

Multi-Family Active

Price

^$ 1,050,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 15,518

Style

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12625316

Features

General

Year Built 1927

Stories Count 4

Tax Year 2024

Gross Income 203889

County Cook

Net Operating Income 109434

Operating Expense 94455

Insurance Expense 14000

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 12600

Status Active

Directions South to Chicago Skyway (I-90 E) exit Stony Island Ave south to 75th St east on 75th to Phillips Ave then south on Phillips to property.

City Chicago

Number Of Units Total 14

MLS Area CHI - South Shore

Tax Annual Amount 15518

Electric Expense 4032

Fuel Expense 12936

Trash Expense 6720

Water Sewer Expense 11256

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 50x60

* Excluded Features

List By

33 Realty

Broker

bmond@33realty.com

Affordability Calculator

$7,758

Per Month

Monthly Principal & Interest: $6,465
Monthly Property Taxes: $1,293
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$613,490

Percent of Sale Price 42%

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	$1,050,000		Listed Price

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7600 S Phillips Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $1,050,000. 7600 S Phillips Avenue has 6 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.

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Data is updated as of 5/26/2026.

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7600 S Phillips Avenue

Multi-Family Home for sale in Chicago, IL

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