8010 S Phillips Avenue Chicago, IL $ 479,900
8010 S Phillips Avenue
$ 479,900
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8010 S Phillips Avenue

Chicago, IL, 60617
$ 479,900
Bedrooms9 Baths7.3

Monthly Estimate*

$ 3,030

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Multi-Family Home for sale in Chicago, IL

for $479,900 with 9 bedrooms and 7 full baths, 3 half baths. This home was built in 1926.

TURNKEY + VALUE-ADD opportunity in South Shore! REHAB/RENOVATION FINANCING REQUIRED due to the remaining work in the legal garden unit. This is a LEGAL 4-UNIT. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals, new bathrooms, kitchens, flooring and light fixtures. All three units are VACANT and ready to lease at current market rents, allowing the next owner to select their own tenants and start generating rental income immediately. The legal 4th garden unit is a 1-bedroom, 1-bath offering even more rental income once the remaining improvements are completed. The three large upper units are ready to rent and can help support the property's expenses while the final unit is completed. A 3-car garage plus basement common area offer additional income potential through garage parking and coin laundry. An excellent opportunity for an investor or owner-occupant. FHA 203(k), Fannie Mae HomeStyle or other qualifying renovation financing required. Sold As-Is.

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Multi-Family Active

Price

$ 479,900

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

12771712

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 2025
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 Active
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

$3,632
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,030
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
9/29/2026$479,900 Listed Price

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8010 S Phillips Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $479,900. 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