7732 S Phillips Avenue Chicago, IL $ 700,000
7732 S Phillips Avenue
$ 700,000
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7732 S Phillips Avenue

Chicago, IL, 60649
$ 700,000
Bedrooms11 Baths7.0

Monthly Estimate*

$ 4,310

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Multi-Family Home for sale in Chicago, IL

for $700,000 with 11 bedrooms and 7 full baths. This home was built in 1923.

Welcome to 7732 S. Phillips - an exceptionally large jumbo brick building offering over 7,500 square feet of living space plus an additional oversized storage room adjacent to the basement level. This is one of the largest multi-unit buildings in the neighborhood and presents a rare opportunity for both investors and owner-occupants seeking strong rental income and modern updates throughout. The property features three spacious residential units plus a beautifully finished garden-level living space that can serve perfectly as owner's quarters, extended living space, or additional income potential. The building has undergone extensive renovations with updated plumbing, electrical, and HVAC systems, along with modern kitchens and beautifully updated bathrooms featuring sleek contemporary finishes. Additional improvements include newer windows, roof, beautifully refinished hardwood floors, updated fixtures, and in-unit laundry hookups for added tenant convenience. The expansive unit layouts provide oversized living areas and generous bedroom sizes rarely found in today's market. With projected rental income of approximately $2,300 per month per unit, this property offers outstanding cash-flow potential in a rapidly appreciating area. Whether you are looking to house hack, expand your investment portfolio, or own one of the premier buildings in the neighborhood, 7732 S. Phillips delivers scale, functionality, and long-term upside. Massive square footage. Updated systems. Modern finishes. Strong income potential. A truly unique opportunity.

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Multi-Family Active

Price

$ 700,000

Bedrooms

11

Full Bath

7

Property Type

Multi-Family

Taxes

$ 3,109

Style

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12660519

Features
General
Sewer Public Sewer
Heating Forced Air Steam
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1923
Township South Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 24
Status New
Directions 77th Street East to Phillips right to 7732.
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 3109
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 11
Total Baths 7
Bedrooms Possible 11
Full Baths Building 7
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 3720
Waterfront Y/N N
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* Excluded Features
List By
Berg Properties

Broker

cberg@bergproperties.com; support@bergproperties.com

Email

Affordability Calculator

$4,569
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$259
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
6/2/2026$700,000 Listed Price

Map


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7732 S Phillips Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $700,000. 7732 S Phillips Avenue has 11 bedrooms, 7.0 baths, and was built in 1923. The property's zip code is 60649 which is in Chicago, IL