8010 S Phillips Avenue Chicago, IL $ 489,000
8010 S Phillips Avenue
$ 489,000
Recently Listed
Open House 8/30 12pm - 2pm
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8010 S Phillips Avenue

Chicago, IL, 60617
$ 489,000
Bedrooms9 Baths7.3

Monthly Estimate*

$ 3,088

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Multi-Family Home for sale in Chicago, IL

for $489,000 with 9 bedrooms and 7 full baths, 3 half baths. This home was built in 1926.

TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property's overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is

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Open House

8/30/2026 12:00 PM - 2:00 PM
8010 S Phillips Avenue Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 489,000

Bedrooms

9

Full Bath

7

Half Bath

3

Property Type

Multi-Family

Taxes

$ 7,226

Style

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12740698

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air Sep Heating Systems - 2+
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 3
Construction Materials Brick
Year Built 1926
Township Lake
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions 79th St to Phillips South to 8010
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 7226.26
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Exterior Entry Full Walk-Out Access
Total Bedrooms 9
Total Baths 7
Bedrooms Possible 9
Full Baths Building 4
Half Baths Building 3
Total Number of Units 4
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 35X125
Waterfront Y/N N
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* Excluded Features
List By
Smart Home Realty

Broker

danica@nfmsgroup.com

Email

Affordability Calculator

$3,690
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,088
Monthly Property Taxes
$602
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/24/2026$489,000 Listed Price

Map


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8010 S Phillips Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $489,000. 8010 S Phillips Avenue has 9 bedrooms, 7.3 baths, and was built in 1926. The property's zip code is 60617 which is in Chicago, IL